Form 8-K CORNING INC /NY For: Apr 27

Go back to Form 8-K CORNING INC /NY For: Apr 27

Corning (GLW) Files Modified Third Amended Plan of Reorganization for Pittsburgh Corning

April 27, 2016 7:33 AM EDT

Corning (NYSE: GLW) is filing this Form 8-K to announce that the Modified Third Amended Plan of Reorganization for Pittsburgh Corning Corporation Dated January 29, 2009 Jointly Proposed by Pittsburgh Corning Corporation ("PCC"), The Official Committee of Asbestos Creditors and The Future Claimants Representative, as amended (the "Amended Plan"), including its asbestos channeling injunction, became effective on April 27, 2016. The Amended Plan also created the Pittsburgh Corning Corporation Asbestos Personal Injury Settlement Trust (the "Trust") to resolve channeled asbestos claims. The Amended Plan was confirmed by the United States Bankruptcy Court for the Western District of Pennsylvania... More