In re TEXACO INC., Texaco Capital, Inc., Texaco Capital N.V., Debtors.
TRANS WORLD AIRLINES, INC., ACF Industries, Incorporated, Swan Management Corp., and Unicorn Associates Corporation, Appellants,
v.
TEXACO, INC., Texaco Capital, Inc., Texaco Capital N.V., and Pennzoil Company, Appellees.
United States District Court, S.D. New York.https://leagle.com/images/logo.png
September 28, 1988.
September 28, 1988.
Attorney(s) appearing for the Case
Gordon, Hurwitz, Butowsky, Weitzen, Shalov & Wein, New York City (David M. Friedman, Timothy T. Brock, of counsel), for appellants.
Weil, Gotshal & Manges, New York City (Harvey R. Miller, Stephen Karotkin, Jacqueline Marcus, Lori R. Fife, Kevin W. Barrett, of counsel), for appellees Texaco Inc., Texaco Capital Inc., and Texaco Capital N.V.
Levin & Weintraub & Crames, New York City (Michael J. Crames, Myron Trepper, of counsel), Paul Weiss, Rifkind, Wharton & Garrison, New York City (Simon H. Rifkind, of counsel), Baker & Botts, Houston, Tex. (John L. Jeffers, G. Irvin Terrell, David A. Burns, Keith P. Ellison, Susan E. Roehm, Mary M. Gregory, of counsel), Stutman, Treister & Glatt, Los Angeles, Cal. (Isaac M. Pachulski, Kenneth N. Klee, Mark A. Miller, Audrey J. Wohlgemuth, of counsel), for appellee Pennzoil Co.
Kramer, Levin, Nessen, Kamin & Frankel, New York City (Joel B. Zweibel, Geoffrey M. Kalmus, Kenneth H. Eckstein, Suzanne L. Telsey, Jason Brown, of counsel), for the Gen. Committee of Unsecured Creditors of Texaco Inc., et al.
Keck, Mahin & Cate, Chicago, Ill. (Dennis M. O'Dea, of counsel), for Committee of Equity Security Holders of Texaco, Inc.
Lasky, Haas, Cohler & Munter, San Francisco, Cal. (Charles B. Cohler, Thomas E. Woodhouse, of counsel), for Gordon P. Getty.
Dechert Price & Rhoads, New York City, and Philadelphia, Pa. (Steven B. Feirson, Melvin A. Schwarz, of counsel), for Former Getty Oil Co. Directors: For former Directors Petersen, Wendt, Tisch, LaForce, Medberry, Stuart, Berg, Mitchell, Boothby and Teets, and the Estate of Mr. Miller.
Miro, Miro and Weiner, New York City (Deborah S. Minowitz, of counsel), for former Directors Taubman and Allison.
United States District Court, S.D. New York.
OPINION
GOETTEL, District Judge:
The "rich" history of this case — involving the largest civil damages award in history, the largest bankruptcy in history, perhaps the largest settlement in history, and undoubtedly the largest attorney's fees in history — now moves to its next (and, hopefully, its last) chapter.
On March 23 of this year, the bankruptcy court in this district, the Honorable Howard Schwartzberg presiding, confirmed the...
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