KFI Wind-Down Corp.

  1. November 12, 2024

    3rd Circ. Weighs Boy Scouts Ch. 11, Calif. AG Balks At Fee Bid

    The Third Circuit heard arguments on Boy Scouts of America's Chapter 11 plan from sexual abuse survivors as well as insurers, California's attorney general disputed Sullivan & Cromwell's fee requests in Kidde-Fenwal Inc.'s bankruptcy, and the U.S. trustee is seeking documents from Jackson Walker LLP regarding a former attorney's secret relationship with a bankruptcy judge. This is the week in bankruptcy.

  2. November 08, 2024

    Sullivan & Cromwell Fees Questioned In Kidde-Fenwal Ch. 11

    Sullivan & Cromwell LLP and the attorney general of California clashed in Delaware bankruptcy court over the firm's interim fee requests for its representation of debtor chemical company Kidde-Fenwal Inc., with the state alleging overbilling and Sullivan & Cromwell claiming California is seeking "payback" for the results of a recent mediation.

  3. June 05, 2024

    Brown Rudnick Partner's 50% Fee Hike Nixed In Ch. 11 Case

    A Brown Rudnick LLP bankruptcy partner Wednesday had his 50% fee increase rejected by a Delaware judge, who took issue with the proposed hike to $1,500 an hour for representing the creditors' committee in Kidde-Fenwal Inc.'s Chapter 11 case.

  4. April 05, 2024

    Insurers Fight Kidde-Fenwal's Bid For Coverage Of Foam Suits

    Two AIG units and another insurer have told a Delaware bankruptcy court it should reject fire-suppression company Kidde-Fenwal Inc.'s bid to secure their coverage for a bevy of underlying suits alleging the company exposed those plaintiffs to so-called forever chemicals via its production of firefighting foam.

  5. April 01, 2024

    Kidde-Fenwal Cleared For $200M Sale Of Its Assets

    Bankrupt fire suppression technology company Kidde-Fenwal Inc. received court approval Monday from a Delaware judge for a sale of assets that will net the estate up to $200 million, setting up future legal wrangling over who will reap the proceeds of the transaction as the debtor faces claims arising from its manufacture of firefighting foam with deadly chemicals.

  6. February 13, 2024

    Kidde-Fenwal Row Not For Bankruptcy Court, Insurers Say

    A group of insurers have asked that a Delaware federal court, rather than a bankruptcy court, handle their dispute with Kidde-Fenwal Inc. over whether they owe a defense in thousands of suits the fire-suppression company is facing over so-called forever chemicals.

  7. February 08, 2024

    Kidde-Fenwal's Ch. 11 Fee Examiner OKs $20.4M For 15 Firms

    The fee examiner appointed in fire-suppression company Kidde-Fenwal's Chapter 11 case has recommended that a Delaware bankruptcy judge approve $20.4 million in pay for 15 firms working on the proceedings, after they agreed to cut their requested compensation by about $333,000.

  8. January 29, 2024

    Kidde-Fenwal Asks To Extend Ch. 11 Mediation Another Month

    Bankrupt fire-suppression system company Kidde-Fenwal Inc. asked a Delaware judge on Monday to extend ongoing mediation between the company, unsecured creditors and plaintiffs in litigation who say they were injured by so-called forever chemicals in firefighting foam and government claimants in its Chapter 11 case.

  9. January 24, 2024

    Del. Court Fine With Process For Kidde-Fenwal FCR Pick

    A Delaware bankruptcy judge approved the appointment of a future claims representative in the Chapter 11 case of fire protection manufacturer Kidde-Fenwal Wednesday, saying the process used by the debtor to seek her appointment complied with case law and that the selection is qualified for the post.

  10. January 22, 2024

    Kidde-Fenwal Backs Pick For Future Claims Rep

    Bankrupt fire protection outfit Kidde-Fenwal Inc. defended its choice as legal representative for future personal injury claimants affected by "forever chemicals" in firefighting foam, hitting back at a demand from the Office of the U.S. Trustee for a more formal nomination process.