In re JOHNS-MANVILLE CORPORATION, et al., Debtors.
United States Bankruptcy Court, S.D. New York.https://leagle.com/images/logo.png
January 23, 1984.
January 23, 1984.
Attorney(s) appearing for the Case
Moses & Singer by Robert J. Rosenberg, Bertram Harnett, Richard W. Brewster, Peter J. Gurfein, New York City, for the Committee of Asbestos Related Litigants and/or Creditors.
Silverman & Harnes by Sidney B. Silverman, Martin H. Olesh, New York City, for M.J. Whitman & Co., Inc.
Hannoch, Weisman, Stern, Besser, Berkowitz & Kinney, P.A. by Anthony J. Marchetta, Dean A. Gaver, Gary F. Werner, Newark, N.J., for GAF Corp.
Davis, Polk & Wardwell by Stephen H. Case, Lowell Gordon Harriss, Miriam G. Cedarbaum, and Levin & Weintraub & Crames by Michael J. Crames, Herbert S. Edelman, Mitchel Perkeil, New York City, for Johns-Manville Corporation, et al., debtor.
Milbank, Tweed, Hadley & McCloy by John J. Jerome, New York City, for the Committee of Unsecured Creditors.
Weil, Gotshal & Manges by Ira M. Millstein, Harvey R. Miller, Ellen R. Werther, New York City, for Owens-Illinois, Inc.
Covington & Burling by William H. Allen, Philip R. Stansbury, Oscar M. Garibaldi, Washington, D.C., and Alexander, Ash, Schwartz & Cohen, P.C. by Marshall M. Kolba, New York City, for Armstrong World Industries, Inc., et al.
Hahn & Hessen by George A. Hahn, Angela G. Tese, New York City, for the Committee of Equity Security Holders.
Wolf, Popper, Wolf & Jones, New York City, David Berger, P.A., Philadelphia, Pa., Daniel A. Speights, Hampton, S.C., for the Creditors Committee of Asbestos-Related Property Damage School Claimants.
United States Bankruptcy Court, S.D. New York.
DECISION AND ORDER ON MOTIONS TO DISMISS MANVILLE'S CHAPTER 11 PETITION
BURTON R. LIFLAND, Bankruptcy Judge.
I. Background and Issues Presented
Whether an industrial enterprise in the United States is highly successful is often gauged by its "membership" in what has come to be known as the "Fortune 500". Having attained this measure of financial achievement, Johns-Manville Corp. and its affiliated companies (collectively referred to as "Manville...
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