Judge Grants Stay Relief To Use Imerys Insurance Pending Adversary Case Decision

Mealey's (March 27, 2019, 11:21 AM EDT) -- WILMINGTON, Del. — A Delaware federal bankruptcy judge on March 26 ruled that affiliates of Chapter 11 debtor Imerys Talc America Inc. can tap into insurance coverage to defend against asbestos claims regardless of Imerys’ bankruptcy stay, on the condition that they win an adversary action filed by the debtor to keep the stay intact (In re:  Imerys Talc America, Inc., et al., No. 1:19-bk-10289, D. Del. Bkcy.)....