3M Bid for Lawsuit Protection Rejected by Judge
The ruling deals a setback to its efforts to resolve lawsuits over faulty earplugs.
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The ruling deals a setback to its efforts to resolve lawsuits over faulty earplugs.
INDIANAPOLIS (Legal Newsline) - A bankruptcy judge shot down 3M’s attempt to halt litigation over its Combat Arms military earplugs, saying a generous funding agreement between 3M and its bankrupt Aearo unit eliminated any risk creditors – including some 290,000 earplug claimants – would suffer from an unfair distribution of assets if the lawsuits proceed.
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The ruling deals a setback to its efforts to resolve lawsuits over faulty earplugs.
The ruling deals a setback to its efforts to resolve lawsuits over faulty earplugs.