IN RE JOHNS-MANVILLE CORP.

No. 84 Civ. 9207(PNL).

52 B.R. 940 (1985)

In re JOHNS-MANVILLE CORPORATION, et al., Debtors. Peter John ROBINSON, et al., Appellants, v. JOHNS-MANVILLE CORPORATION, et al., Debtors-Appellees.

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

March 15, 1985.


Attorney(s) appearing for the Case

Moses & Singer, New York City, for Asbestos Committee, appellant; Robert J. Rosenberg, Shelly Rothschild, New York City, of counsel.

Hahn & Hessen, New York City, for the Equity Sec. Holders Committee; George A. Hahn, New York City, of counsel.

Jerrold T. Doros, New York City, for Peter John Robinson; Greene, O'Reilly, Broillet, Paul, Simon, McMillan, Wheller & Rosenberg, Michael L. Goldberg, Washington, D.C., of counsel.

Davis Polk & Wardwell, New York City, for Johns-Manville, appellee; Lowell Gordon Harriss, New York City, of counsel.

Anderson Russell Kill & Olick, P.C., New York City, for Keene Corp., appellee; Arthur S. Olick, New York City, of counsel.

Covington & Burling, Washington, D.C., for Armstrong World Industries and Committee of co-defendants; William H. Allen, Washington, D.C., of counsel.

Weil, Gotshal & Manges, New York City, for Owens-Illinois, Inc. and Committee of co-defendants; Ellen R. Werther, New York City, of counsel.

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


MEMORANDUM AND ORDER

LEVAL, District Judge.

Procedural History

This bankruptcy appeal arises out of a reorganization proceeding initiated by Johns-Manville Corp. and its affiliated companies ("Manville"). On August 26, 1982, Manville filed a petition for relief under Chapter 11 of the Bankruptcy Reform Act of 1978, 11 U.S.C. § 1101 et seq. (1982). At that time, thousands of claims for illnesses caused by asbestos had already been filed...

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