Avon Entities, Asbestos Claimants Committee Advocate For Bankruptcy Plan Approval

( July 18, 2025, 2:16 PM EDT) -- WILMINGTON, Del. — A Delaware federal bankruptcy court should confirm the “almost entirely consensual” Chapter 11 liquidation plan of the U.S. divisions of cosmetics giant Avon over the objections of some insurers because the plan “distributes Estate assets to creditors in a fair, efficient, and expeditious manner,” the debtors say in a July 17 brief in support of confirmation....

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