Asbestos concerns sink Congoleum bankruptcy plan


Asbestos concerns sink Congoleum bankruptcy plan

TRENTON, N.J.—A federal bankruptcy judge has rejected Congoleum Corp.’s 10th attempt at a Chapter 11 reorganization plan to resolve hundreds of millions of dollars of asbestos claims, citing its unequal treatment of claimants and other flaws. At the same time, the judge turned away an alternate...

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