Maremont Adds Fraud Protections To Plan, Says Confirmation Is Expected

Mealey's (May 16, 2019, 9:07 AM EDT) -- WILMINGTON, Del. — With changes made to asbestos trust procedures to guard against fraud, the plan of reorganization for Chapter 11 debtor Maremont Corp. can now be approved by a Delaware federal bankruptcy court, the debtor says in the May 14 revised procedures and proposed findings (In re:  Maremont Corporation, et al., No. 19-10118, D. Del. Bkcy.)....