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Harbison will propose a reorganization plan that "will provide for distributions to the legitimate asbestos claimants," Halliburton said in a statement.
Tensions are rising among donors as various officials and organizations have called for distributions to cease, for fear of depressing prices for local farmers.
The money raised will be used mostly to pay for distributions to shareholders, probably through share buybacks, the company said.
Charter's plan would provide for distributions to 36 classes of creditors of about $315.2 million in cash, senior and subordinated debt securitites with the principal amount of $129.3 million in cash, and 10,951,269 newly issued class A shares.
A trust is allowed a deduction for distributions to beneficiaries.
A decedent's estate figures its gross income the same way an individual would; however, a decedent's estate is allowed an income distribution deduction for distributions to beneficiaries.
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It donated 50,000 pounds of coffee to the American Red Cross for distribution to troops in Afghanistan, Iraq and Kuwait.
Last month, Amref delivered 300 nets to the health centre for distribution to expectant mothers.
Film was used only to create negatives and prints for distribution to movie theaters.
The contractor also contacted major employers and sent them posters and leaflets for distribution to employees.
The rest is available for distribution to customers who have with-profits policies.
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CEO of Professional Science Editing for Scientists @ prosciediting.com