Hess Debtor HONX Seeks Plan Extension To Concentrate On Mediation

(September 7, 2022, 11:05 AM EDT) -- HOUSTON — Debtor HONX Inc. on Aug. 25 told a Texas federal bankruptcy judge that it needs more time to file a plan of reorganization “to allow the Debtor and all parties to focus on” ongoing mediation with affiliate Hess Corp. and representatives for asbestos disease claimants on a consensual resolution to the Chapter 11 case with the establishment of an asbestos trust....