Bankruptcy Judge Considering Asbestos Group’s Pursuit Of Fraudulent Transfer Claims

(December 15, 2021, 9:22 AM EST) -- CHARLOTTE, N.C. — A North Carolina federal bankruptcy judge on Dec. 3 took under advisement several key motions in the reorganization attempt of two business units created in corporate restructurings of Ingersoll-Rand Co. and Trane U.S. Inc., including a request by the asbestos claimants’ committee to pursue claims challenging the restructurings and their resulting allocation of all asbestos claims to the newly created debtors....