- 11 U.S.C.
In re Federal-Mogul Global Inc.
Mar
19
2008
Ruling
Debtors could assign asbestos insurance policies to 524(g) trust despite anti-assignment provisions.
Procedural posture
Objecting insurers challenged the assignment by chapter 11 debtors of asbestos insurance policies to a 11 U.S.C.S. § 524(g) trust, notwithstanding anti-assignment provisions in or incorporated in the policies and applicable state law.
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Court
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