Kaiser Gypsum Debtors Settle Dispute Over Cleanup Costs At Oregon Plant

Mealey's (March 19, 2019, 10:41 AM EDT) -- CHARLOTTE, N.C. — A North Carolina federal bankruptcy judge on March 15 approved a settlement under which former Chapter 11 debtor Armstrong World Industries Inc. will pay $1 million to current debtors Kaiser Gypsum Co. Inc. and Hanson Permanente Cement Inc. for cleanup cost recovery for a polluted Oregon manufacturing site (In re Kaiser Gypsum Company, Inc., et al., No. 16-31602, W.D. N.C. Bkcy.)....