United States Second Circuit
In re Johns-Manville Corp., 06-2099
Order of district court affirming in part and vacating in part the determination of the bankruptcy court regarding an objector's motions for approval of certain settlement agreements and for entry of a Clarifying Order, is reversed as the bankruptcy court erred insofar as it enjoined suits that, as a matter of state law, are predicated upon an independent duty owed by objector to the appellants, that do not claim against the res of debtor's estate, and that seek damages in excess of and unrelated to debtor's insurance policy proceeds.
Appellate Information
- Decided 02/15/2008
- Published 02/15/2008
Judges
- WESLEY, Circuit Judge:, Before: CALABRESI, SOTOMAYOR, and WESLEY, Circuit Judges.
Court
- United States Second Circuit
Counsel
- For Appellant:
- Sander L. Esserman (Cliff I. Taylor, on the brief), Stutzman, Bromberg, Esserman & Plifka, PC, Dallas, TX (Douglas T. Tabachnik, Law Offices of Douglas T. Tabachnik, Manalapan, NJ, on the brief) for Objector-Appellant Asbestos Personal Injury Plaintiffs., Jacob C. Cohn (William P. Shelley, on the brief), Cozen O'Connor, Philadelphia, PA, for Objector-Appellant Chubb Indemnity Insurance Company., Jason R. Searcy, (Joshua P. Searcy, on the brief), Jason R. Searcy, P.C., Longview, TX, for Objector-Appellant Cascino Asbestos Claimants.
- For Appellees:
- Barry R. Ostrager (Andrew T. Frankel, on the brief), Simpson Thatcher & Bartlett, LLP, New York, N.Y. (Robert J. Pfister, Simpson Thatcher & Bartlett, LLP, Los Angeles, CA, on the brief), for Movants-Appellees Travelers Casualty and Surety Company, Travelers Property Casualty Corp., and Travelers Indemnity Company., Ronald Barliant (Kenneth S. Ulrich, Kathryn A. Pamenter, on the brief), Goldberg, Kohn, Bell, Black, Rosenbloom & Moritz, Ltd., Chicago, IL (Karen A. Giannelli, Gibbons, Del Deo, Dolan, Griffinger & Vecchione, PC, Newark, NJ, on the brief), for Movant-Appellee Common Law Settlement Counsel., Matthew Gluck (Kent A. Bronson, on the brief), Milberg Weiss, LLP, New York, NY, for Movant-Appellee Statutory Direct Action Plaintiffs and the Hawaii Plaintiffs.