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Products liability – Asbestos – Admiralty jurisdiction | Massachusetts Lawyers Weekly

Products liability – Asbestos – Admiralty jurisdiction | Massachusetts Lawyers Weekly
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Delaware Court of Chancery holds canceled entities must have a receiver to be represented by counsel | Reed Smith

The Delaware Court of Chancery recently held in In re Reinz Wisconsin Gasket, LLC, C.A. No. 2022-0859-MTZ (Del. Ch. May 8, 2023), that a canceled limited liability company (LLC) could. ....

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Long-bankrupt asbestos gasket company revived in search for insurance

WILMINGTON, Del. (Legal Newsline) - Saying there was evidence a long-bankrupt manufacturer of asbestos gaskets had valuable insurance policies when it was dissolved, a Delaware judge reversed the cancellation of the company’s corporate status and ordered a receiver to be appointed to investigate further. ....

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Attorneys – Withdrawal – Dissolved LLC | Massachusetts Lawyers Weekly

Where three attorneys have moved to withdraw from representing a now-dissolved Delaware limited liability company named as one of the defendants in an asbestos suit, that motion should be allowed since their client is no longer an entity. “As set out in a second amended complaint, plaintiff Linda A. Cook, individually and as executor of ....

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