Appeals Unit Tosses $1.2 Billion Asbestos Settlement
By Arthur D. Postal, Washington Bureau Chief
NU Online News Service, Dec.3, 4:20 p.m. EST?A federal appeals court panel has rejected a $1.2 billion proposed settlement of asbestos claims against Combustion Engineering, sending the proposed deal back to federal district court for reworking.[@@]
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.