Talc Debtor Whittaker, Clark & Daniels Wins Summary Judgment On Successor Claims

(August 22, 2024, 12:11 PM EDT) -- TRENTON, N.J. — Because asbestos talc personal injury claims filed against the successors of Chapter 11 debtor Whittaker, Clark & Daniels Inc. (WCD) are property of the debtor’s estate and could trigger indemnification demands by the successors against the debtor, they are subject to the bankruptcy automatic stay, a New Jersey federal bankruptcy judge ruled in granting WCD summary judgment on an adversary proceeding....