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OTHER NEWS - Jan. 19, 1993

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From Times Staff and Wire Reports

Manville Asbestos Trust Sees New Threat: More than four years after leaving bankruptcy court confident that its legal troubles over asbestos had ended, Manville Corp. is facing its first foreign challenge to a shield against asbestos-related lawsuits. The trust fund that handles Manville’s asbestos cases said litigation in Canada could trigger a “worldwide run” on Manville assets. It is lobbying the U.S. government to ask Canada to honor the injunction barring asbestos lawsuits against Manville. Manville denies that more than 60 lawsuits filed in a Vancouver, British Columbia, court pose any financial threat.

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