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IN RE NEW YORK CITY ASBESTOS LITIGATION

Index No. 40000.

123 B.R. 7 (1990)

In re NEW YORK CITY ASBESTOS LITIGATION. United States District Court, Eastern District of New York and Southern District of New York. In re JOINT EASTERN AND SOUTHERN DISTRICTS ASBESTOS LITIGATION. New York State Supreme Court: All Counties Within the City of New York. This Document Relates To All Brooklyn Navy Yard Cases. Re Manville Bankruptcy and Transaction Costs.

United States District Court, E. and S.D. New York.

May 15, 1990.

NYAL MEMORANDUM

Manville Bankruptcy

The parties appear to be reluctant to settle with the Manville Trust because there are claimed to be insufficient funds to make current appropriate payments to the plaintiffs. The courts should like to know from the Manville Trust representatives why they have insufficient funds, if that is the case. The Plan itself is physically before us. It appears to have been drafted...

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