Asbestos Claimants Decry Canadian Miner's Ch. 15 Bid

By Clara Geoghegan · September 3, 2025, 2:50 PM EDT

Personal injury claimants and a Chapter 7 trustee urged a New York bankruptcy judge to deny Chapter 15 recognition for Asbestos Corp.'s Canadian restructuring, saying it has more ties to the...

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Bankruptcy Scorecard

Summary

A Quebec mining company asked a New York bankruptcy judge to recognize Canadian insolvency proceedings where it hopes to resolve thousands of asbestos personal injury lawsuits across multiple jurisdictions.

Case Number

1:25-bk-10934

Judge

Martin Glenn

Venue

U.S. Bankruptcy Court for the Southern District of New York

Capital Structure

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Documents

Related Sections

Case Information

Case Title

Asbestos Corporation Limited

Case Number

1:25-bk-10934

Court

New York Southern

Nature of Suit

Date Filed

May 06, 2025

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