ERIE, Pa. (Legal Newsline) - Likening the two sides to exhausted boxers or a quarreling couple, a bankruptcy judge approved a settlement between Honeywell and trustees overseeing a fund for paying asbestos claimants under which Honeywell will end its involvement for a lump-sum payment of $1.3 billion.
ERIE, Pa. (Legal Newsline) – Honeywell International calls claims submitted by asbestos lawyers “copy-and-paste” allegations that they have had to spend $128 million to resolve.
ERIE, Pa. (Legal Newsline) – The names of asbestos claimants will be redacted when a trial gets started in Pennsylvania federal court that will determine if millions of dollars have been rightfully handed out.