Federal Court Won't Reconsider Extension of Asbestos Claims Bar Date

NEW ORLEANS - A federal court in Louisiana has refused to reconsider its decision to deny a motion by a bankrupt asbestos defendant that sought to keep claimants from having extra time to file a proof of claim with the court. In Re: The Babcock and Wilcox Co., et al., No. 00-558 (E.D. La.).

U.S. Judge Sarah S. Vance of the U.S. District Court for the Eastern District of Louisiana said Oct. 11 that claimants of the Babcock & Wilcox bankruptcy had sufficient reasons for seeking an extension of the bar date, and, as a result, would not reconsider the …