Asbestos Claims Stayed, Enjoined In Trane Entities’ Joint Chapter 11 Case

Mealey's (August 24, 2021, 12:40 PM EDT) -- CHARLOTTE, N.C. — A North Carolina federal bankruptcy judge on Aug. 23 held that the automatic stay in the joint Chapter 11 case of asbestos debtors Aldrich Pump LLC and Murray Boiler LLC applies to asbestos personal injury claims and entered a preliminary injunction enjoining the pursuit of such claims against the debtors’ affiliates, including Trane U.S. Inc., and insurers....