July 1, 2011

ASBESTOS UPDATE: Pittsburgh Corning’s 3rd Turnaround Plan Junked

COMPANIES: Pittsburgh Corning Corp
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U.S. Bankruptcy Judge Judith Fitzgerald has rejected a third plan to reorganize Pittsburgh Corning Corp., a local joint venture of PPG Industries Inc. and Corning Inc. that went bankrupt in 2000 under asbestos-related claims, the Pittsburgh Tribune-Review reports.

Judge Fitzgerald in…

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