Lowenstein client Duro Dyne National Corporation emerged from Chapter 11 on December 31, 2020. Duro Dyne, a leading manufacturer of sheet metal accessories and equipment for the HVAC industry, filed for bankruptcy protection on September 7, 2018, in the U.S. Bankruptcy Court for the District Court of New Jersey to address its liability for asbestos-related claims, which was ultimately settled under a consensual Plan of Reorganization that was confirmed on October 16, 2020.
Lowenstein serves as counsel to Debtor Duro Dyne National Corporation in the Chapter 11 case. The Lowenstein team is led by Jeffrey D. Prol, Daniel A. Suckerman, Stuart S. Yusem, and Jeffrey A. Kramer.