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A group of asbestos claimants' lawyers is accusing ABB Ltd. of buying the votes of some asbestos plaintiffs for a settlement plan, using $400 million in cash from the bankruptcy estate of one of its entities, Combustion Engineering. The dissident lawyers of the asbestos claimants panel had asked a judge to stop payments from the settlement trust so that money would remain to pay current asbestos claimants.
March 20, 2003 at 12:00 AM
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The original version of this story was published on Law.Com
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