ASBESTOS LITIGATION: Status Confab Eyed for ABB Asbestos Plan 
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Published July 11, 2003


Concerned parties in the asbestos-related case of Swiss 
engineering firm ABB's (ABB) have asked a US District Judge 
Alfred Wolin for a status conference.  ABB trust appointee David 
Austern said he expected the judge to announce late next week a 
date for the status conference.

"It's a technical nicety, to clarify who's going to do what, and 
what are the time limits," Mr. Austern said.

According to Reuters, last month, a bankruptcy court judge 
tentatively the proposed asbestos settlement -- capping claims 
at $1,300,000,000 -- but asked for additional evidence.  The 
ruling, if approved by the district judge, is seen as the 
turning point in ABB's battle for survival. 



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