U.S. Trustee Seeks Investigation Of Owens-Illinois’ Corporate Restructuring

(February 26, 2020, 9:20 AM EST) -- WILMINGTON, Del. — An examiner should be appointed to investigate the corporate restructuring that led to an affiliate of the world’s largest glass bottle manufacturer filing for Chapter 11 protection to deal with all asbestos liabilities from the parent’s production of thermal insulation products, the U.S. trustee says in a Feb. 24 motion in Delaware federal bankruptcy court (In re Paddock Enterprises, LLC, No. 20-10028, D. Del. Bkcy.)....

Attached Documents

Related Sections