‘Legitimate Bankruptcy Purpose’ To Asbestos Debtor’s Chapter 7 Case, Appellants Say

(July 14, 2022, 8:27 AM EDT) -- NEW HAVEN, Conn. — A Connecticut federal bankruptcy judge erred on both grounds for finding that causes exists to dismiss The Nash Engineering Co.’s asbestos bankruptcy case, the Chapter 7 trustee and two insurers say in a June 17 joint appellant brief in their federal court appeals of the dismissal decision....