( August 2, 2023, 2:16 PM EDT) -- NEW YORK — Having made representations to investors about the “smooth sailing” resulting from its liquidity and financial flexibility, the law obligated an automotive company spun off by Honeywell Inc. and burdened with its asbestos liabilities to disclose the active steps it was taking toward bankruptcy, investors told the Second Circuit U.S. Court of Appeals in an Aug. 1 opening brief....