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Appeal Filed in Asbestos Claims Against Dana Corp.

A group representing “tens of thousands” of people who claim they were injured by asbestos in Dana Corp. products has appealed the confirmation of the auto-parts supplier’s bankruptcy-reorganization plan.

The group, known as the ad hoc committee of asbestos claimants, filed notice of the appeal Thursday with the U.S. Bankruptcy Court in Manhattan, but provided no explanation.

Dana last month said it had $240 million in cash and other assets to cover future asbestos and environmental contamination liabilities. The company said it has enough money to satisfy all the claims based on the number of active cases pending against it and the number of dismissed cases.

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