PETITION

Share this post

🛢New Chapter 11 Bankruptcy Filing - HONX Inc.🛢

petition.substack.com

🛢New Chapter 11 Bankruptcy Filing - HONX Inc.🛢

Non-operating sub of Hess Corp. files to use 524(g) channeling injunction

Apr 29, 2022
1
Share this post

🛢New Chapter 11 Bankruptcy Filing - HONX Inc.🛢

petition.substack.com

Well we suppose its good to see (i) Kirkland & Ellis LLP get one on the board in ‘22 (we refuse to count Seadrill New Finance limited, which filed earlier this year) and (ii) a debtor use section 524(g) to actually address asbestos liabilities rather than some other form of mass tort.

Here, HONX Inc. — which happens to be a subsidiary of Hess Corporatio…

This post is for paid subscribers

Already a paid subscriber? Sign in
Previous
Next
© 2023 Petition LLC
Privacy ∙ Terms ∙ Collection notice
Start WritingGet the app
Substack is the home for great writing