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US Trustee Pans Pump Co.'s $9M Asbestos Insurance Deal

By Emily Lever ( March 14, 2025, 7:26 PM EDT) -- The U. S. Trustee's Office has challenged a proposed $9 million settlement between a Chapter 7 trustee for a bankrupt Connecticut pump company and two insurers, saying the agreement nonconsensually deprives third parties of their asbestos-related personal injury claims against the insurance carriers. . . .

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