Debtor ON Marine Heads To Mediation Of Settlements With Asbestos Insurers

(August 25, 2021, 4:04 PM EDT) -- PITTSBURGH — Chapter 11 debtor ON Marine Services Company LLC and an asbestos claimants committee will participate in court-directed mediation with insurers to resolve disputes over the amounts the insurers should pay in settlements with the debtor to fund an asbestos trust, with a Pennsylvania federal bankruptcy judge approving the mediation and naming a mediator in an Aug. 10 order....