Manville Channeling Order Still Effective After More Than 30 Years
By EsqSocial Corporation 05/03/21
In a recent decision, the United States District Court for the Southern District of New York upheld a bankruptcy court order that enjoined a plaintiff holding an asbestos claim from pursuing a state court products liability claim against the successor to Manville Forest Products Corporate (“MFP”). Notably, the Court reaffirmed that a claim relating to prepetition exposure to asbestos is a prepetition claim, even though the injury may not have manifested itself until after the petition date. ...
By: Weil, Gotshal & Manges LLP