STORY FROM: Asbestos

Pittsburgh Corning Bankruptcy Estate Retains Interest in Settlement

PITTSBURGH, Pa. - A settlement for $15,000 represents bankruptcy estate property when the check it was written on was dishonored at the time of transfer, a bankruptcy court judge has ruled. In re: Pittsburgh Corning Corp., No. 00-22876 (W.D. Pa. Bankr.).

Judge Judith K. Fitzgerald denied a motion to direct payment of settlement after she determined that transfers represented by a check occur on the date the check is honored, rather than the date the payee receives it.

Deirdre Anderson-Scrip, the administratrix of the estate of David Lee Scrip, filed a wrongful death/survival suit against Pittsburgh Corning in the ...

Associated Documents
United States Bankrupcy Court For The Western District Of Pennsylvania In RE: Pittsburgh Corning Corporation

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