Barretts Minerals Agrees To Mediation For Chapter 11 Reorganization Plan

(January 4, 2024, 12:54 PM EST) -- HOUSTON — Chapter 11 debtor talc mining company Barretts Minerals Inc. (BMI) will negotiate with asbestos claimants “to comprehensively resolve BMI’s talc liabilities” through a plan of reorganization that creates a trust to pay their claims, according to a joint stipulation filed Jan. 3 in Texas federal bankruptcy court....