Babcock & Wilcox Bankruptcy Reorganization Bar Date Notice and Claims Process Begins; Includes Apollo and Parks Township, Pennsylvania Nuclear Contamination And Radiation Claims.NEW ORLEANS New Orleans (ôr`lēənz –lənz, ôrlēnz`), city (2006 pop. 187,525), coextensive with Orleans parish, SE La., between the Mississippi River and Lake Pontchartrain, 107 mi (172 km) by water from the river mouth; founded , Nov. 29 /PRNewswire/ --
The Court-ordered notification and claims process that began today in connection with the Chapter 11 reorganization involving The Babcock & Wilcox Company and certain of its subsidiaries ("B&W") includes claims related to contamination or radiation from the former B&W nuclear processing facilities in Apollo, Pennsylvania or Parks Township, Pennsylvania Parks Township is a township in Armstrong County, Pennsylvania, United States. The population was 2,754 at the 2000 census. Geography
According to the United States Census Bureau, the township has a total area of 36.8 km² (14.2 mi²). 36.5 km² (14. . To preserve a claim against B&W, it must be filed and received by July 30, 2001 (the "Bar Date.")
On February 22, 2000, B&W filed for protection under Chapter 11 of the U.S. Bankruptcy Code Bankruptcy Code may refer to:
Those who do not file a claim by the Bar Date will lose the right to bring such a claim against B&W in the future. Filing a claim does not necessarily entitle en·ti·tle
tr.v. en·ti·tled, en·ti·tling, en·ti·tles
1. To give a name or title to.
2. To furnish with a right or claim to something: claimants to compensation. For valid claims, the amounts and dates when payments will be issued have not been determined.
Prior to the Bar Date, notices will be mailed to potential claimants and attorneys, and are scheduled to appear in newspapers -- including many in the western Pennsylvania Western Pennsylvania consists of the western third of the state of Pennsylvania in the United States.
Pittsburgh is the largest city in the region, with a metropolitan area of about 2.4 million people, and is the cultural center for Western Pennsylvania. area relating to relating to relate prep → concernant
relating to relate prep → bezüglich +gen, mit Bezug auf +acc the Apollo-Parks Township claims -- magazines, and on television throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Notices will also be disseminated in Canada, the United Kingdom and the Philippines. Information about the claims process will also be made available through the Internet.
Claimants may call toll free 1-877-657-9158, write to Claims Agent, Re: Babcock & Wilcox, P.O. Box 9495, Minneapolis, MN 55440-9495, USA, or visit the website at http://www.bwbardate.com to receive more information including a long form notice and claim form. Claimants are asked not to contact the Courts.
B&W purchased the Nuclear Materials & Equipment Corp. plant in Apollo, Pennsylvania from Atlantic Richfield Co. in 1971. The plant processed uranium for nuclear reactors and Navy submarines. The factory stopped producing uranium and shut down in 1986 under B&W's ownership. Although the plant was razed in the early 1990s, certain individuals including their families and heirs may have a claim against B&W relating to exposure to or contamination by radioactive material.
The Chapter 11 filing by The Babcock & Wilcox Company includes its subsidiaries Americon, Inc., Babcock & Wilcox Construction Company, Inc., and Diamond Power International, Inc. Because this is a voluntary Chapter 11 filing and B&W remains solvent, the Bar Date does not apply to unsecured creditors whose claims do not relate to asbestos or certain nuclear contamination issues. Accordingly, commercial creditors and suppliers need take no action. Also, all employee wages, salaries, benefits and retiree benefits are unaffected and protected.
The Bar Date also involves claims related to Asbestos Personal Injury Claims, as well as Derivative Asbestos Claims or Asbestos Property Damage Claims relating to asbestos exposure from a worksite, including ships, that had a B&W boiler system, or involving other B&W asbestos-related components. Complete descriptions of the claims subject to the Bar Date including more details about the claims process may be found in the long form notice and claim form that is available at the official www.bwbardate.com website or by calling the toll free call center at 1-877-657-9158.