Energy Future Holdings Corp.’s bankruptcy won’t have an asbestos-claims sideshow, nor will personal-injury lawyers dictate how the energy producer and distributor structures its reorganization plan, a judge said.
Given the heat involved in producing electricity, power plants built before 1980 used asbestos insulation, making asbestosis and mesothelioma claims “virtually unavoidable” years later, U.S. Bankruptcy Judge Christopher S. Sontchi in Delaware said in a 33-page opinion on Jan. 7.
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