Thirty years after asbestos liability drove Johns-Manville Corp. into bankruptcy, related litigation involving Travelers Indemnity Co.’s obligations to asbestos claimants may finally be over.
Or maybe not.
After striking out at the Second Circuit, will Simpson Thacher try one more appeal in its long-running efforts to free Travelers Indemnity Co. from more than half a billion dollars in asbestos liability?
January 06, 2015 at 10:13 PM
1 minute read
Thirty years after asbestos liability drove Johns-Manville Corp. into bankruptcy, related litigation involving Travelers Indemnity Co.’s obligations to asbestos claimants may finally be over.
Or maybe not.
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