Dissolution Isn’t Bankruptcy; Justice Dismisses Suit Targeting Asbestos Insurers

Mealey's (December 3, 2018, 4:07 PM EST) -- PROVIDENCE, R.I. — An asbestos defendant’s dissolution is not the same as a bankruptcy and does not put it within an exception to the bar on direct suits against insurers of alleged tortfeasors, a Rhode Island justice said Nov. 19 (Shirley D’Amico, et al. v. A.O. Smith Corp., et al., No. 2012-0403, R.I. Super., Providence Plantation, 2018 R.I. Super. LEXIS 103)....

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