IN RE CHATEAUGAY CORP.

Nos. 1076 to 1082, Dockets 90-5024, 90-5028, 90-5030, 90-5034, 90-5038, 90-5040 and 90-5042.

944 F.2d 997 (1991)

In re CHATEAUGAY CORPORATION; Reomar, Inc.; The LTV Corporation, et al., Debtors. UNITED STATES of America, Plaintiff-Appellee, Plaintiff-Appellant, Cross-Appellee, v. The LTV CORPORATION, Defendant-Appellee-Cross-Appellant, The Committee of Equity Security Holders of the LTV Corporation, Defendant-Appellant. STATE OF NEW YORK, Plaintiff-Appellant-Cross-Appellee, v. LTV STEEL COMPANY, INC., Defendant-Appellee-Cross-Appellant, The Committee of Unsecured Creditors of the LTV Steel Company, Inc., Cross-Appellant.

United States Court of Appeals, Second Circuit.

Decided September 6, 1991.


Attorney(s) appearing for the Case

Richard W. Mark, Asst. U.S. Atty., New York City (Otto G. Obermaier, U.S. Atty., Richard M. Schwartz, James L. Garrity, Jr., Edward T. Ferguson, III, Asst. U.S. Attys., New York City; Richard B. Stewart, Asst. Atty. Gen., Vicki L. Plaut, Appellate Sec., Joel M. Gross, Environmental Enforcement Sec., U.S. Dept. of Justice, Washington, D.C.; Leonard Shen, John Wheeler, and Jon Averback, U.S. E.P.A., Washington, D.C., on the brief), for plaintiff-appellee, plaintiff-appellant-cross-appellee.

Norman Spiegel, Asst. Atty. Gen., New York City (Robert Abrams, Atty. Gen., Nancy Stearns, Asst. Atty. Gen., New York City, on the brief), for plaintiff-appellant-cross-appellee State of New York.

Karen E. Wagner, New York City (Lewis B. Kaden, Christine Gatto, Daniel M. Mandil, Davis Polk & Wardwell, New York City; Herbert S. Edelman, Kaye, Scholer, Fierman, Hays & Handler, New York City, on the brief), for defendants-appellees-cross-appellants.

Brian M. Cogan, New York City (Lawrence M. Handelsman, Martin S. Baker, Mark A. Speiser, Diane Dresdale, Karen S. Jore, Stroock & Stroock & Lavan, New York City, on the brief), for cross-appellant.

James E. Daniels, New York City (Edgar H. Booth, Donald L. Kuba, Mary S. Zitwer, Thomas A. Draghi, Warshaw Burstein Cohen Schlesinger & Kuh, New York City, on the brief), for defendant-appellant.

Michael H. Reed, Francis J. Lawall, James S. Lawlor, Pepper, Hamilton & Scheetz, Philadelphia, Pa., submitted a brief on behalf of amici curiae Commonwealths of Pa. and Ky. and the States of Ariz., Conn., Me., Md., Mo., N.J., N.C., R.I., S.C., and Vt.

Before NEWMAN and ALTIMARI, Circuit Judges, and CONBOY, District Judge.


JON O. NEWMAN, Circuit Judge:

This appeal presents important issues at the intersection of bankruptcy law and environmental law. The issues arise on an appeal and a cross-appeal from the March 26, 1990, judgment of the District Court for the Southern District of New York (John E. Sprizzo, Judge) in connection with the Chapter 11 reorganization of the LTV Corporation and its related companies (collectively "LTV"). The United States, New York, and the Committee of Equity...

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