Cyprus Mines’ FCR Proposal Draws Opposition From Trustee, Insurers

(April 16, 2021, 9:57 AM EDT) -- WILMINGTON, Del. — Insurers of Chapter 11 debtor Cyprus Mines Corp. joined the U.S. trustee March 23 in objecting to naming as future claimants’ representative (FCR) the same person who was appointed FCR in the bankruptcy case of affiliate Imerys Talc America Inc., arguing that if all Cyprus asbestos claims will be channeled to a trust established by Imerys as proposed, an FCR is not even needed for Cyprus’ case....