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IN RE CHATEAUGAY CORP.

No. 166, Docket 95-5012.

89 F.3d 942 (1996)

In re CHATEAUGAY CORPORATION, Reomar, Inc., The LTV Corporation, et al., Debtors. The AETNA CASUALTY AND SURETY COMPANY, Appellant, v. CLERK, U.S. BANKRUPTCY COURT, NEW YORK, NY, Real Party in Interest, Chateaugay Corporation; Reomar, Inc.; and The LTV Corporation, et al., Debtors-Appellees.

United States Court of Appeals, Second Circuit.

Decided July 18, 1996.

Attorney(s) appearing for the Case

Larry L. Simms, Washington, D.C. (Thomas G. Hungar, Gibson, Dunn & Crutcher, Washington, D.C.; James P. Ricciardi, Audrey S. Trundle, W. James Hall III, Gibson, Dunn & Crutcher, New York City; Harold S. Horwich, G. Eric Brunstad, Jr., Hebb & Gitlin, Hartford, Connecticut, of counsel), for Appellant.

Michael J. Crames, New York City (Edmund M. Emrich, Kaye, Scholer, Fierman, Hays & Handler, Davis, Polk & Wardwell, Seward & Kissel, of counsel), for Appellees.

Before: CARDAMONE, WALKER and PARKER, Circuit Judges.

CARDAMONE, Circuit Judge:

This is an appeal in a case arising out of the bankruptcy of The LTV Corporation and its 66 subsidiaries (collectively LTV, debtors, or appellees). LTV is involved in a variety of industries, including steel, energy, and aerospace. It filed for Chapter 11 protection on July 17, 1986 (the filing date), and the subsequent reorganization has proven to be one of the longest, most complex, and most extensively litigated bankruptcy proceedings...

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