Halliburton $1.5B Asbestos Settlement
Halliburton announced last week that it received judicial approval for a $1.5 billion settlement of asbestos claims against its subsidiaries involving more than 100 insurers.
The company said that the settlements approved Nov. 18 by Judge Judith Fitzgerald of U.S. Bankruptcy Court in Pittsburgh, together with other previous agreements, would provide a global resolution to debtors insurance disputes.
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