Cna Financial
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CNA says Oakfabco bankruptcy plan would let asbestos lawyers rig the vote; Oakfabco: CNA just protecting its interests
Saying the plan would open opportunities for “gamesmanship” by trial lawyers, insurer CNA has asked a bankruptcy judge to shoot down a plan by the successor company to a defunct boiler maker to wind down its existence by essentially giving lawyers representing plaintiffs in nearly 34,000 asbestos claims the chance to vote themselves a payday.