U.S. Bankruptcy Court Recognizes Bar Date Orders Entered in Canadian Asbestos Case

S. Christopher Cundra IV and Ryan Sims of Jones Day examine a U.S. bankruptcy court's decision recognizing bar date orders from a Quebec CCAA proceeding, over U.S. claimants' objections, part of a growing trend of companies turning to Canada's CCAA, paired with U.S. Chapter 15 recognition, as a forum for resolving asbestos and mass tort liability.

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