Former talc miner
- The settlement, outlined in Imerys Talc’s Chapter 11 bankruptcy plan, would release Cyprus Mines of asbestos claims in exchange for $130 million paid into a personal injury claims trust
- Imerys Talc and Cyprus Mines have battled over who owns certain insurance policies that cover legal costs related to thousands of asbestos lawsuits that sent the Imerys unit
into bankruptcy in 2019 EARLIER: Talc Miner Can Tap Insurance for Claims Against J&J ...
- Imerys Talc and Cyprus Mines have battled over who owns certain insurance policies that cover legal costs related to thousands of asbestos lawsuits that sent the Imerys unit