Cosmetics Company Ben Nye Says Bankruptcy Plan ‘Fair,’ Should Be Confirmed

(September 5, 2024, 12:17 PM EDT) -- LOS ANGELES — A family-run cosmetics company in California has amended its Chapter 11 plan of reorganization to include a guaranteed $50,000 payment for asbestos claimants and says in its proposed order and findings of fact and conclusions of law that the plan should be confirmed because it is “fair and equitable” and meets all requirements of the U.S. Bankruptcy Code....