Debtor’s Nonsettling Insurers Appeal Settlements Providing Asbestos Trust Funding

Mealey's (August 10, 2018, 3:13 PM EDT) -- TACOMA, Wash. — Several insurers of Chapter 11 debtor Fraser’s Boiler Service Inc. on Aug. 7 appealed federal bankruptcy court rulings approving settlements under which other insurers will pay $13.7 million to a liquidating trust as part of the debtors’ reorganization plan (In re:  Fraser's Boiler Service, Inc., No. 18-41245, W.D. Wash. Bkcy.)....