Faulting Lawyers, N.J. Judge Voids Congoleum’s Pact With Asbestos Claimants (Law.com)
Faulting Lawyers, N.J. Judge Voids Congoleum’s Pact With Asbestos Claimants (Law.com)
A New Jersey judge has ruled that Congoleum’s insurance carriers don’t have to fund a $500 million settlement with the company’s asbestos claimants because it was a bad-faith deal engineered by lawyers acting collusively. The settlement had been the centerpiece of a prepackaged Chapter 11 petition designed to protect the company from claims arising from its use of asbestos before 1983. But the …
Faulting Lawyers, N.J. Judge Voids Congoleum’s Pact With Asbestos Claimants (Law.com via Yahoo! Finance)
A New Jersey judge has ruled that Congoleum’s insurance carriers don’t have to fund a $500 million settlement with the company’s asbestos claimants because it was a bad-faith deal engineered by lawyers acting collusively.
Coyotes thriving in big cities, suburbs (MSNBC)
Forget Wile E. Coyote’s hapless pursuits in the cartoon wasteland. His real-life kin are prowling the U.S.’s concrete jungles, and they are anything but a laughing matter.
Jackson family’s memorabilia sells for USD 500,000 (Pravda)
Jackson family memorabilia brought in about $500,000 (euro372,000) on the first of a two-day auction at the Hard Rock Hotel & Casino, auctioneer Guernsey’s said.