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The company, which manufactures, cuts and distributes vinyl flooring ... he said. Congoleum has had difficulties in recent years with changing consumer trends and asbestos litigation.
Socked with the one-two punch of changing consumer tastes and costly asbestos litigation, the Congoleum Corporation ... The announcement by the vinyl-flooring manufacturer has upended the lives ...
Congoleum Corp., a flooring maker whose shares have plunged as asbestos-related lawsuits against the company increased, filed for Bankruptcy Court protection with a plan in place to resolve the ...
The Mercerville floor covering company faced about 91,000 asbestos-related personal-injury claims when it filed for Chapter 11 bankruptcy protection on Dec. 31, 2003. Congoleum had about $1 ...
Congoleum, based in Mercerville, N.J., manufactures floor tiles and vinyl products that contained asbestos until 1974 and 1983, respectively. Between 1981 and 2002, it settled 33,000 personal ...
MERCERVILLE, N.J.--(BUSINESS WIRE)--Congoleum Corporation (AMEX:CGM) reported that a court decision was issued in Phase I of the trial addressing disputes regarding insurance coverage for asbestos ...
Congoleum Corp., a Mercerville-based flooring ... The case followed about 91,000 asbestos-related personal-injury claims that it had faced at the time it filed for bankruptcy protection in 2003.
That turn of events means that Congoleum, a New Jersey-based manufacturer of flooring products, no longer will have protection from creditors in bankruptcy and will have to resolve asbestos claims ...
Heintz & Randolph to disgorge $9.6 million it received working on the Congoleum asbestos bankruptcy. This is an extraordinary punishment, one of the largest disgorgements on record. More ...
Two lawyers for asbestos victims can keep the $2 million Congoleum Corp. paid them to help resolve tens of thousands of claims against the company shortly before it filed for bankruptcy ...