Court Okays A St. Paul's Asbestos Settlement
NU Online News Service, Jan. 28, 3:19 p.m. EST?The St. Paul Companies said today it has secured court approval for its June 2002 asbestos-related settlement with MacArthur Co. and its related businesses, and the court has also confirmed MacArthur's proposed plan of reorganization.[@@]
The okay came from U.S. Bankruptcy Court Northern District of California for the 2002 settlement involving The St. Paul's agreement to settle asbestos claims against its subsidiary USF&G Company by policyholders Western MacArthur and Western Asbestos.
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