Ingersoll-Rand, Trane Debtors Say Joint Chapter 11 Case Is Not ‘Futile’

(June 19, 2023, 1:49 PM EDT) -- CHARLOTTE, N.C. — A bid by a committee of asbestos claimants to dismiss the joint Chapter 11 case of Ingersoll-Rand and Trane spinoffs Aldrich Pump LLC and Murray Boiler LLC should be denied because it was filed “inexcusably late” in a bankruptcy case that is “neither objectively futile, nor . . . filed in subjective bad faith,” the debtors and the future claimants’ representative (FCR) tell a North Carolina bankruptcy court in their objections to the dismissal motion....