Thorpe Insulation Company
The firm represented Thorpe Insulation Company in its chapter 11 case in the Central District of California. At one time, Thorpe was the largest independent mechanical insulation contractor in the western United States. Thorpe had over 2,000 asbestos claims pending against it when it filed for bankruptcy protection, and multi-district coverage litigation against its insurers. The firm is in the process of confirming a plan, over the objections of insurers, to establish a trust for administering asbestos claims and a channeling injunction under section 524(g) of the Bankruptcy Code.
A member of the firm represented the asbestos-related settlement trustee appointed in this case.