April 29, 2022
A bankrupt subsidiary of oil giant Hess Corp. successfully sought a stay of an asbestos injury trial slated to start Monday in the U.S. Virgin Islands, with a Texas judge ruling Friday that attempts by the plaintiffs to continue the trial against the debtor's parent company were not appropriate.
April 28, 2022
A wholly owned subsidiary of Hess Corp. filed for Chapter 11 protection Thursday in Texas, listing asbestos litigation claims from employees of a St. Croix refinery it formerly owned as its largest debts.