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IN RE NICOLET, INC.

Bankruptcy No. 87-03574S.

80 B.R. 733 (1987)

In re NICOLET, INC., Debtor.

United States Bankruptcy Court, E.D. Pennsylvania.

As Amended January 29, 1988.

Attorney(s) appearing for the Case

Gary M. Schildhorn, Philadelphia, Pa., for Creditors' Committee.

Edward C. Toole, Jr., Mary F. Walrath, Susan L. Parsons, Philadelphia, Pa., for debtor.

Virginia Gibson-Mason, Asst. U.S. Atty., Philadelphia, Pa., for U.S.

James J. O'Connell, Philadelphia, Pa., Asst. U.S. Trustee.

Leslie E. Bowser, Blank, Rome, Comisky & McCauley, for asbestos claimants.

Hal Pitkow, Philadelphia, Pa.

Melvin Brookman, Brookman, Rosenberg, Brown & Sandler, Philadelphia, Pa.

Gene Locks, Lee Bolefsky, Greitzer & Locks, Philadelphia, Pa.

Robert E. Paul, Paul, Reich & Myers, Philadelphia, Pa.

Donald Marshall, Philadelphia, Pa.

John W. Haigis, Philadelphia, Pa., for multiple creditors.

Charles M. Golden, Philadelphia, Pa., for proposed committee of asbestos health claimants.

Roland P. Gagnon, LAB Chrysotile, Thetford Mines, QC Canada.

Lydia Isales, Office of Regional Counsel, U.S.E.P.A., Philadelphia, Pa.

George Allison, Allison, MacKenzie, Hartman, Sombeniotis & Russell, Ltd., Carson City, Nev.

Rona J. Rosen, Klehr, Harrison, Harvey, Branzburg, Ellers & Weir, Philadelphia, Pa.

Charles A. Klein, Philadelphia, Pa.

OPINION

DAVID A. SCHOLL, Bankruptcy Judge.

The instant Chapter 11 filing by a former manufacturer of products containing asbestos, the fallout from which has caused it to become a target for in excess of 50,000 asbestos-related lawsuits, presents two Motions pitting the Debtor against the Official Unsecured Creditors' Committee (hereinafter referred to as "the Committee") appointed in the case, which prompt us to address, in more detailed fashion than we...

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