2nd Circuit: Asbestos Claims Against Pfizer Not Barred under Bankruptcy Injunction

NEW YORK -- The U.S. Court of Appeals for the 2nd Circuit has upheld a District Court order allowing asbestos claims to proceed against Pfizer Inc. involving exposure to a product manufactured by the defendant's bankrupt subsidiary. In re: Quigley Co. Inc., et al. v. Law Offices of Peter G. Angelos, No. 11-2635, 11-2767 (2nd Cir.).

In the April 10 opinion, the appellate court held that the claims filed against Pfizer were outside the scope of an injunction issued by the bankruptcy court.

Pfizer Inc. and Quigley Co. filed the appeal, contesting a District Court decision that reversed an injunction …