3rd Circuit Reverses, Says Judge Improperly Quashed Asbestos Trust Subpoenas

Mealey's (August 25, 2022, 10:11 AM EDT) -- PHILADELPHIA — Ten asbestos trusts cannot challenge a bankruptcy court’s decision to allow Chapter 11 debtor Bestwall LLC to serve subpoenas on them seeking claimant information to estimate the debtor’s asbestos liability because the trusts’ claims processing center already litigated the dispute in the bankruptcy court, the Third Circuit U.S. Court of Appeals held Aug. 24 in reversing and remanding to enforce the subpoenas based on the doctrine of collateral estoppel....