IN RE JOHNS-MANVILLE CORP.

Bankruptcy Nos. 82 B 11656 to 82 B 11676, Adv. Nos. 82-6377A, 82-6451-A and 82-6450A.

33 B.R. 254 (1983)

In re JOHNS-MANVILLE CORPORATION, et al., Debtors. JOHNS-MANVILLE CORPORATION, et al., Plaintiffs, v. The ASBESTOS LITIGATION GROUP, et al., Defendants. OCCIDENTAL CHEMICAL CORPORATION, Plaintiff, v. JOHNS-MANVILLE CORPORATION, Defendant. Beatrice Mae HANSEN, individually and as an independent executrix of the Estate of Andrew T. Hansen, deceased, Plaintiff, v. JOHNS-MANVILLE SALES CORPORATION, Defendant. JOHNS-MANVILLE SALES CORPORATION, et al., Movants, v. Edward J. JANSSENS, Patsy J. Janssens, Wayne Hogan, Brown, Terrell & Hogan, P.A. and Ronald Motley, Respondents.

United States Bankruptcy Court, S.D. New York.

September 15, 1983.


Attorney(s) appearing for the Case

Levin & Weintraub & Crames, New York City (Herbert Edelman and Barry N. Seidel, New York City, of counsel), and Davis, Polk & Wardwell, New York City (Miriam G. Cedarbaum and Sharon Katz, New York City, of counsel), for debtors.

Milbank, Tweed, Hadley & McCloy, New York City, for creditors committee; John Gellene, New York City, of counsel.

Moses & Singer, for asbestos plaintiffs; Michael Kushner, New York City, of counsel.

Jerome Feller, New York City, for S.E.C.; Philip Rantzer, New York City, of counsel.

Hahn & Hessen, New York City, for Equity Sec. Holders; Angela G. Tese, New York City, of counsel.

Cornelus Blackshear, New York City, U.S. Trustee.

Anderson, Russell, Kill & Olick, P.C., New York City, for Keene Corp.; Stephen Shimshak, New York City, of counsel.

Weil, Gotshal & Manges, New York City, for Owens-Illinois; Ellen Werther and Matthew J. Gold, New York City, of counsel.

Otterbourg, Steindler, Houston & Rosen, P.C., New York City, for Commercial Union Ins. Co.; William M. Silverman, New York City, of counsel.

Simpson, Thacher & Bartlett, New York City, for Travelers Indem. Co.; Peter J. Schlesinger, New York City, of counsel.

Heller, Ehrman, White & McAuliffe, San Francisco, Cal. (Curtis M. Caton, San Francisco, Cal., of counsel), Lawrence S. Fater and Wayne Palmer, Denver, Colo., for Johns-Manville Corp.

Clapp & Eisenberg, Newark, N.J., for Welsh & Norton Co.; Mark Falk, Newark, N.J., of counsel.

Leonard Sheft & Associates, New York City, for Puritan Ins. Co.; Jeffrey A. Marshall, New York City, of counsel.

Leib, Kraus & Grispin, Scotch Plains, N.J., for Albert Jung; Walter L. Leib and Gary E. Roth, Scotch Plains, N.J., of counsel.


FINDINGS OF FACT AND CONCLUSIONS OF LAW SUPPLEMENTAL TO DECISION NO. 2 ON REHEARING

BURTON R. LIFLAND, Bankruptcy Judge.

The various adversary proceedings captioned above involved motions and cross-motions brought on for hearing before this Court regarding the extent to which the automatic stay under Sections 362 and 105 of the Bankruptcy Code ("Code") authorized this Court to stay certain actions and proceedings affecting or relating to Johns-Manville Corporation...

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