U.S. District Court Upholds Judgment for Trustee in Bankruptcy Case

WILMINGTON, Del.- The U.S. District Court for Delaware has affirmed a bankruptcy court's decision to appoint a neutral third-party trustee to resolve issues between United States Mineral Products and asbestos injury claimants due to the parties' inability to reach a consensual agreement on the company's reorganization. In re: United States Mineral Products Company, d/b/a Isolatek International. No. 03-956-SLR (D. Del.)

U.S. District Judge Sue L. Robinson said Jan. 16 the record was clear that there was distrust and animosity between U.S. Mineral and the Official Committee of Asbestos Bodily Injury and Property Damage Claimants prohibiting them from cooperating on anything …