How long will Owens Corning be in Chapter 11?
It is too soon to know the answer to that question, but we intend to proceed as quickly as possible. In cases filed by companies with complex asbestos liabilities similar to ours, it has taken an average of six years. In light of changes in the law, the positive negotiations leading to the National Settlement Program, and the anticipated cooperation of the plaintiffs’ lawyers representing claimants, we believe we can proceed more efficiently and expeditiously.
