Maremont Corporation – Notifies Court of July 9th Plan Effectiveness Date as Debtors’ Equity Passes to Asbestos Trust and Meritor Looks to Put Asbestos Claims Behind Them

July 10, 2019 – The Debtors notified the Court that their Modified Joint Prepackaged Plan had become effective as of July 9, 2019 [Docket No. 296]. Previously, On May 17, 2019, the Court approved the Debtors' Disclosure Statement and confirmed their Plan [Docket No. 241]. On January 23, 2019, Maremont Corporation and 3 affiliated Debtors…