In re Plant Insulation Co.
Mar
16
2012
Ruling
Plan creating trust pursuant to settlement with asbestos victims confirmed.
Procedural posture
Chapter 11 debtor's plan of reorganization came on for confirmation hearing. Debtor was a manufacturer of insulation facing multiple asbestos claims. The plan created a trust of which the University of California, San Francisco Pulmonary and Critical Care Division is the sole beneficiary.
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Court
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