Judge rules against insurers in Halliburton case
A Pittsburgh bankruptcy judge has ruled that insurance companies, led by Ace and Hartford, do not have standing to challenge or intervene in the judge’s decision regarding the bankruptcy cases of DII Industries and Kellog Brown & Root which are subsidiaries of Halliburton.
The two companies have filed for Chapter 11 bankruptcy and the insurance companies wanted to stop this being used to resolve their asbestos liabilities. The ruling means the insurers will have no sayOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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