Chemtura Asks To Put Diacetyl Suits On Hold Law360, New York (June 18, 2009) -- Bankrupt chemical company Chemtura Corp. has asked a court to stay product liability lawsuits against its nondebtor Canadian unit over the flavoring chemical diacetyl, which is thought to cause lung disease when inhaled in large quantities.
Chemtura filed an adversary complaint on Thursday in the U.S. Bankruptcy Court for the Southern District of New York seeking a declaratory judgment that the automatic stay in its bankruptcy...
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