Oakfabco Asbestos Claimants Battle Dismissal Motions In Fraudulent Inducement Suit

(April 26, 2018, 9:09 AM EDT) -- CHICAGO — The Asbestos Claimants’ Committee in the Chapter 11 Case of Oakfabco Inc. fired back April 11 at bids by Oakfabco insurers and a claims management company to dismiss the committee’s fraud claims against them for allegedly hiding asbestos policies from the debtor, saying in two response briefs that its allegations are sufficient to send the claims to trial (Asbestos Claimants Committee v. American Casualty Company of Reading, PA, et al., No. 18-00002, N.D. Ill. Bkcy.)....