Rapid-American Reaches Deal With Insurers In Adversary Action

(January 22, 2021, 8:43 AM EST) -- NEW YORK — Chapter 11 debtor Rapid-American Corp. filed a proposed consent order Jan. 7 in New York federal bankruptcy court seeking dismissal of its claims against the remaining insurer defendants in an adversary action over coverage for asbestos personal injury claims, subject to final approval of a settlement between the parties....