MATTER OF JOHNS-MANVILLE CORP.

Bankruptcy Nos. 82 B 11656 to 82 B 11676, Adv. No. 82-6221A.

26 B.R. 405 (1983)

In the Matter of JOHNS-MANVILLE CORPORATION, et al., Debtor. GAF CORPORATION, Keene Corporation, Armstrong World Industries, Inc., H.K. Porter Company, Inc., Pittsburgh Corning Corporation, Garlock, Inc., Eagle-Picher Industries, Inc., The Celotex Corporation, and Fiberboard Corporation, on behalf of themselves and the unofficial committee of Asbestos Case Co-Defendants, Plaintiffs, v. JOHNS-MANVILLE CORP., et al., Defendants.

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

January 10, 1983.


Attorney(s) appearing for the Case

Levin & Weintraub, Davis, Polk & Wardwell, New York City, James Green, Denver, Colo., for debtor; Mitchell Perkiel, Barry Siedel, Dwight L. Greene, New York City, of counsel.

Milbank, Tweed, Hadley & McCloy, New York City, for Official Creditors Committee; John Gellene and John J. Jerome, New York City, of counsel.

Weil, Gotshal & Manges, New York City, for Owens-Illinois; Richard Krasnow and Ellen Werther, New York City, of counsel.

Jerome Feller, New York City, for SEC.

Anderson, Russell, Kill & Olick, New York City, for Keene Corp. and other plaintiffs; Arthur C. Olick and Irene C. Warshauer, New York City, of counsel.

Flemming Zulack & Williamson, New York City, Hannoch, Weisman, Stern, Besser, Berkowitz & Kinney, P.C., Newark, N.J., for GAF Corp.; Richard A. Williamson, New York City, Anthony J. Marchetta, Newark, N.J., of counsel.

Moses & Singer, New York City, for Asbestos plaintiffs; Robert J. Rosenberg, New York City, of counsel.

Ballon, Stoll & Itzler, New York City, for Liberty Mut. Ins. Co.; Burton Strumpf and Nancy Froude, New York City, of counsel.

Arvey, Hodes, Costello & Burman, Chicago, Ill., for Pittsburgh Corning; John W. Costello, Chicago, Ill., of counsel.

Swartz, Campbell & Detweiler, Philadelphia, Pa., for Pacor, Inc.; Dan Bruch, Philadelphia, Pa., of counsel.

Redmon, Branham & Sarap, Columbus, Ohio, for Ohio plaintiffs; Robert E. Branham, Columbus, Ohio, of counsel.

Debevoise & Liberman, New York City, for Public Service Elec. & Gas and Pacific Gas & Elec.; Martin S. Siegel, New York City, of counsel.


DECISION ON MOTION FOR SUMMARY JUDGMENT FOR DECLARATORY RELIEF TO EXTEND THE AUTOMATIC STAY TO ENCOMPASS CO-DEFENDANTS

BURTON R. LIFLAND, Bankruptcy Judge.

I. Background Facts

Plaintiffs in this declaratory judgment action are inviting this Court pursuant to its equitable powers to broaden the automatic stay afforded the debtor under 11 U.S.C. 362 to include the non-debtor plaintiffs. Essentially, these plaintiffs request by motion for summary...

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