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Published on 1/29/2024 in the Prospect News Distressed Debt Daily.

Kidde-Fenwal’s AFFF mediation extended through February

By Sarah Lizee

Olympia, Wash., Jan. 29 – Kidde-Fenwal, Inc.’s mediation over issues related to lawsuits against the company asserting claims arising from the design, manufacture, distribution and sale of aqueous film-forming foam (AFFF) has been extended through February, according to a stipulation filed Monday with the U.S. Bankruptcy Court for the District of Delaware.

The court appointed retired bankruptcy judge Robert D. Drain and former district judge Layn R. Phillips to serve as mediators, as previously reported.

As a reminder, the company is trying to sell its operating business to a third party and set aside proceeds to pay legitimate claims.

“The problems caused by this litigation cloud are significant for the debtor and its sales effort – even if the debtor has not sold AFFF for a decade, the debtor has no judgment against it, and the debtor’s share of any potential AFFF liability is demonstrably modest,” the company said in the motion seeking mediation.

The industrial fire detection and suppression company is based in Ashland, Mass. The company filed bankruptcy on May 14, 2023 under Chapter 11 case number is 23-10638.


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