Judge Confirms Chapter 11 Plan For Ship Subcontractor Hopeman Brothers

( August 19, 2026, 1:42 PM EDT) -- RICHMOND, Va. — A Virginia federal judge on Aug. 18 confirmed a plan of reorganization for defunct ship subcontractor and Chapter 11 debtor Hopeman Brothers Inc. that establishes an asbestos personal injury trust that will be funded by nearly $50 million from the company’s insurers and by the debtor’s remaining assets....