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) - The public won't have access to information from a case that accuses an asbestos bankruptcy trust from giving out money to lawyers without double-checking their claims.
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.
PITTSBURGH (Legal Newsline) – Federal bankruptcy court in Pittsburgh will be the venue where an asbestos lawyer accused of pocketing millions of dollars by filling out inaccurate forms fights a defendant tired of paying him.
WASHINGTON (Legal Newsline) – A company upset about how much it is forced to fund an asbestos trust is accusing the attorney who has taken $85 million in settlements from it of filling in the blanks for his clients.