Talc Debtors Imerys, Cyprus Mines Propose Joint Trust To Resolve Asbestos Claims

(February 2, 2024, 1:56 PM EST) -- WILMINGTON, Del. — The reorganizations of Chapter 11 debtors Imerys Talc America Inc. and Cyprus Mines Corp. will result in a joint trust containing more than $850 million to pay asbestos personal injury claims, according to separate reorganization plans and disclosure statements the debtors filed in Delaware federal bankruptcy court....