: : : 2006-09-25 to 2006-10-01
Will Toledo Asbestos Victims Receive Claims?
September 26, 2006 08:50
Owen Corning, the third largest corporation in Toledo filed for bankruptcy in 2006 after mounting asbestos liability claims. The majority of shareholders, bond holders, and creditors voted for the company to exit bankruptcy.
Read more about the Owen Corning's plan to exist bankruptcy after six years of Chapter 11 status calls for reorganization including paying asbestos-injury victims $5.2 billion and creditors $2.5 billion.
