Bankruptcy Court Approves Insurers’ Settlements With Asbestos Debtor Fairbanks

Mealey's (July 20, 2021, 9:20 AM EDT) -- ROME, Ga. — Settlements worth more than $47 million between Chapter 11 debtor The Fairbanks Co. and its asbestos insurers that are the linchpins of the company’s plan to reorganize gained approval July 9 from a Georgia federal bankruptcy judge....