IN RE JOHNS-MANVILLE CORP.

Bankruptcy Nos. 82 B 11656 through 82 B 11658, 82 B 11660 through 82 B 11662 and 82 B 11665, Adv. No. 85-5073A.

53 B.R. 346 (1985)

In re JOHNS-MANVILLE CORPORATION, et al., Debtor. The DADE COUNTY SCHOOL DISTRICT, et al., Plaintiffs, v. JOHNS-MANVILLE CORPORATION, et al., Defendants.

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

September 26, 1985.


Attorney(s) appearing for the Case

Levin & Weintraub & Crames, New York City (Michael J. Crames, Herbert S. Edelman, New York City, of counsel), Davis, Polk & Wardwell, New York City (Miriam G. Cedarbaum, Stephen Case, Sharon Katz, New York City, of counsel), for debtors.

Fried, Frank, Harris, Shriver & Jacobson, New York City (Matthew Gluck, New York City, of counsel), for Leon Silverman, Legal Representative.

Milbank, Tweed, Hadley & McCloy, New York City (John J. Jerome, John Gellene, New York City, of counsel), for Creditors Committee.

Latham & Watkins, New York City, (Robert J. Rosenberg, New York City, of counsel), Moses & Singer, New York City (Richard Brewster, New York City, of counsel), for Asbestos plaintiffs.

Hahn & Hessen, New York City (Herbert Ash, Eileen Blake, New York City, of counsel), for Equity Sec. Holders.

Cornelius Blackshear, New York City (Harold Jones, New York City, of counsel), U.S. Trustee.

Whitman & Ransom, New York City (Robert Dremluk, New York City, of counsel), for U.S. Trust Co. of N.Y.

Wolf, Popper, Ross, Wolf & Jones, New York City (Ellen Chapnick, New York City, of counsel), David Berger, Philadelphia, Pa., for Schools Committee.


Decision and Order Dismissing Class Action Adversary Proceeding

BURTON R. LIFLAND, Bankruptcy Judge.

On January 31, 1985, the bar date for filing proofs of claim for asbestos-related property damage, the Creditors Committee for Asbestos-Related Property Damage School Claimants ("Schools Committee") filed a so-called "class" proof of claim on behalf of all schools and school districts in the United States ("school claimants"). Of the approximately...

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