United Gilsonite Laboratories

United Gilsonite Laboratories, a Scranton, Pa.-based manufacturer of paints, coatings and sealants, has filed for Chapter 11 bankruptcy reorganization, The Times Tribune reports.

UGL cited the continuing burden of asbestos-related litigation in its petition for protection in U.S. Bankruptcy Court for…

Judge Mary Johnston of the Superior Court of the State of Delaware, New Castle County, issued a US$10,000 fine to Scranton, Pa.-based United Gilsonite Laboratories, wasted the court’s time by acting in bad faith at mediation in an asbestos lawsuit,…