Committee Gets Extension To Vet Insurer Settlements In Latest Asbestos Bankruptcy

Mealey's (May 29, 2020, 8:18 AM EDT) -- PITTSBURGH — A Pennsylvania federal bankruptcy judge on May 26 gave the asbestos claimants’ committee in the new Chapter 11 case of ON Marine Services Company LLC more time to review two insurer settlements that will provide more than $27 million to a liquidating trust to pay asbestos claims (In re:  ON Marine Services Company, LLC, No. 20-2007, W.D. Pa. Bkcy.)....