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This article summarizes the key challenges associated with solving the asbestos litigation problem through the Chapter 11 restructuring process and explains why an out-of-court restructuring transaction may be a preferred alternative.

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It was written by John Bae and Alexander Andrews and was published in <a>New York Law Journal</a> on September 16, 2022.

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https://admin.thompsonhine.com/wp-content/uploads/2022/09/Out-of-Court-Restructuring-to-Exit-Asbestos-Litigation-Alternative-to-Chapter-11.pdf

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Out-of-Court Restructuring to Exit Asbestos Litigation: Alternative to Chapter 11