secwatch.observer — SEC 8-K summary
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Issuer:     BERKSHIRE HATHAWAY INC (BRK-B)
CIK:        0001067983
Form:       8-K
Filed at:   2023-05-02T23:59:59+00:00
Accession:  0001193125-23-130806
Event type: other
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Berkshire subsidiaries file Chapter 11 to resolve asbestos, talc, environmental liabilities
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- Four indirect subsidiaries (Whittaker Clark & Daniels, Brilliant National, L.A. Terminals, Soco West) filed Chapter 11 on April 26, 2023 in New Jersey.
- Subsidiaries were acquired in 2007 but had ceased operations in 2004; liabilities stem from asbestos, talc, and environmental claims.
- No Berkshire entity ever operated those businesses or provided insurance for the acquisition.
- Filing aims to manage and resolve legacy liabilities; companies had sold all operating assets prior to Berkshire's acquisition.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1067983/000119312523130806/0001193125-23-130806-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1067983/000119312523130806/d490324d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-130806

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