Fairbanks Looks To Halt Insurer’s Bid To Sidestep Stay To Litigate Coverage Action

(October 24, 2019, 12:28 PM EDT) -- ROME, Ga. — A Georgia federal bankruptcy court should not lift the automatic stay in the Chapter 11 case of The Fairbanks Co. to allow an insurance coverage suit to proceed because the bankruptcy case, nearing completion, could easily be derailed by the move, the debtor says in an Oct. 16 objection to an insurer’s lift stay motion (In re The Fairbanks Company, No. 18-41768, N.D. Ga. Bkcy.)....