Specialty Products Holding Corp.

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Case overview

Case Number:

1:10-bk-11780

Court:

Delaware

Nature of Suit:

Firms

Companies

Government Agencies

Sectors & Industries:

December 11, 2014
Specialty Products Wins OK For $800M Asbestos Trust

Specialty Products Holding Corp., the home-repair products maker beseiged by asbestos-related lawsuits, won a bankruptcy judge's approval Wednesday to exit its 4-year-old Chapter 11 under a plan that creates an $800 million trust for handling personal injury claims.
October 20, 2014
Specialty Products Gets Nod On Ch. 11 Disclosure Statement

A Delaware bankruptcy judge agreed Monday to greenlight Specialty Products Holding Corp.'s disclosure statement for its Chapter 11 plan, allowing the home-repair products company besieged by asbestos-related claims to solicit creditors and putting it in the home stretch to exit bankruptcy after four and a half years.
July 28, 2014
$800M Asbestos Deal Will Let Specialty Products Exit Ch. 11

RPM International Inc. has agreed to pay nearly $800 million into a trust over four years to handle asbestos-related injury claims against its Specialty Products Holdings Corp. unit and lift the home-repair products maker out of bankruptcy in Delaware, the company announced Monday.
April 18, 2014
SPHC Proposes $3M Asbestos Claimant Notification Plan

Specialty Products Holding Corp. asked a Delaware bankruptcy judge Thursday to sign off on a $3.2 million program designed to alert those exposed to its former asbestos-containing products of the upcoming deadline to file claims in the company's Chapter 11 case.
March 26, 2014
Aetna Seeks Info On Specialty Products Asbestos Claimants

Aetna Inc. and Rawlings Co. LLC asked a Delaware bankruptcy judge on Wednesday for access to information about asbestos injury claimants in Specialty Products Holdings Corp.'s Chapter 11 case, saying they want to know their rights related to the claims.
February 07, 2014
Specialty Can Appeal $1B Asbestos Liability To 3rd Circ.

A Delaware federal judge agreed to fast-track to the Third Circuit, Specialty Products Holdings Corp.'s appeal of a bankruptcy court decision pegging the company's asbestos-related liability at $1.1 billion, ruling Friday that expediting the matter would benefit the case and general public.
February 05, 2014
SPHC Claims Deadline Applies To All Creditors, Judge Says

A Delaware bankruptcy judge ruled Wednesday that all Specialty Products Holding Corp. creditors must file proofs of claim by a set deadline, rejecting the argument that potential asbestos-related personal injury claimants should be exempted from a bar date.
December 17, 2013
Specialty Products Judge Could Rethink Asbestos Deadline

A Delaware bankruptcy judge indicated Tuesday that he may reconsider his ruling ordering a deadline be set for asbestos-related injury claims in the Specialty Products Holding Corp. case, and said he intends to see dual solicitations for a Chapter 11 plan from both the asbestos claimants committee and the debtor.
November 13, 2013
Specialty Products Asbestos Creditors Get OK To Sue Parent

Creditors with asbestos-related claims against bankrupt Specialty Products Holdings Corp. won permission Wednesday to sue parent RPM International Inc. over transactions that allegedly transferred 75 percent of the debtors' assets to RPM while leaving the liabilities behind.
November 05, 2013
Specialty Products Ch. 11 Must Have Asbestos Claims Deadline

A Delaware bankruptcy judge said Tuesday there must be a deadline set for asbestos-related personal injury claimants to file proofs of claim in the Specialty Products Holding Corp. case, despite strenuous objections from representatives of those claimants who argued it could shut out thousands of potential claims.

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