Estimation Proceeding Planned For Spinoffs Of Ingersoll-Rand, Trane

(May 20, 2022, 9:06 AM EDT) -- CHARLOTTE, N.C. — The North Carolina federal bankruptcy judge overseeing the Chapter 11 case of two business units created in corporate restructurings of Ingersoll-Rand Co. and Trane U.S. Inc. on May 10 gave the debtors and asbestos claimants more time to come up with a case management order (CMO) for the court’s recently approved proceeding to estimate the debtors’ prepetition asbestos liabilities....