Nonsettling Insurers Decry Court’s Jurisdiction Finding In Appeals Over Settlements

Mealey's (October 18, 2019, 8:53 AM EDT) -- TACOMA, Wash. — A Washington federal bankruptcy judge did not have jurisdiction to approve two settlements between Chapter 11 debtor Fraser’s Boiler Service Inc. and several asbestos liability insurers, nonsettling insurers argue in their Sept. 30 final brief on appeal in federal court (Fraser’s Boiler Service, Inc. v. Certain Underwriters at Lloyd’s, et al, No. 19-35269, 9th Cir.)....