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IN RE AMATEX CORP.

Bankruptcy No. 82-05220K, Misc. No. 83-0011.

37 B.R. 613 (1983)

In re AMATEX CORPORATION, formerly known as American Asbestos Textile Corporation.

United States District Court, E.D. Pennsylvania.

November 9, 1983.

Attorney(s) appearing for the Case

Erwin L. Pincus, Philadelphia, Pa., for Asbestos Litigants Committee.

Jan Z. Krasnowiecki, Philadelphia, Pa., for Amatex Corp.

William P. Manning, Norristown, Pa., for Amatex Corp.

Marvin Krasny, Philadelphia, Pa., for Creditors' Committee.

Leonard P. Goldberger, Philadelphia, Pa., Richard K. Masterson and Margaret Mary Maguire, Masterson, Braunfield, Himsworth & Maguire, Norristown, Pa., for Aetna Cas. & Sur.

MEMORANDUM

GILES, District Judge.

Amatex Corporation seeks the appointment of a guardian ad litem in the bankruptcy court to represent the interests of all unknown persons who at some future date may bring asbestos suits against Amatex for injuries arising from asbestos exposures occurring prior to the bankruptcy proceedings. In addition, Amatex proposes a plan of reorganization establishing a fund from which payment will be made to all present and...

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