Aldrich Pump Debtors Propose Bankruptcy Plan With $545M Asbestos Trust

(September 28, 2021, 4:53 PM EDT) -- CHARLOTTE, N.C. — Chapter 11 debtors Aldrich Pump LLC and Murray Boiler LLC filed a plan of reorganization Sept. 24 in North Carolina federal bankruptcy court that proposes a $545 million trust to resolve asbestos personal injury claims and protect the debtors and their affiliates from such claims....