NEW ORLEANS (Legal Newsline) – A federal appeals court has affirmed a bankrupt company’s request for summary judgment, arguing the asbestos claim filed against Placid Oil Company was discharged as claimants were given sufficient notice of the 1987 bar date.

U.S. Court of Appeals for the Fifth Circuit Judge Emilio M. Garza delivered the opinion on May 27 with Judge Eugene Davis concurring in the decision.

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