IN RE CHATEAUGAY CORP.

Nos. 2058, 2059, 2061 to 2064, Docket 93-5048L, 93-5050CON, 93-5056CON, 93-5058CON, 93-5060CON and 93-5062CON.

10 F.3d 944 (1993)

In re CHATEAUGAY CORPORATION, Reomar, Inc., LTV Corporation, LTV Steel Company, Inc., LTV Steel Tubular Products Company, Debtors. FRITO-LAY, INC., FL Holding, Inc., Ainwick Corporation, and Aetna Casualty and Surety Company, Plaintiffs-Appellants, v. LTV STEEL CO., INC., Chateaugay Corporation, Reomar, Inc., LTV Corporation, Kentron Saudi Arabia, Inc., LSC Leasing, Inc., The LTV Corporation (Wyoming), LTV International, N.V., LTV Sales Finance Company, LTVUS Corp., Repsteel Overseas Finance N.V., LTV Educational Systems, Inc., BCNR Mining Corporation, Bardale Coal Company, Barrel Corporation of West Virginia, Crystalane, Inc., Crystalee Coal Co., Dearborn Leasing Co., Erie B. Corporation, Erie Development Co., Erie I Corporation, LTV Steel Mining Co., (formerly Erie Mining Company), Georgia Tubing Corporation, Gulf States Steel Corporation, J.W. Storage Company of Ohio, Jalcite I, Inc., Jalcite II, Inc., Jarole Mining Company, Ltd., Jones & Laughlin Environmental Properties, Inc., Jones & Laughlin Mining Company, Ltd., Jones & Laughlin Ore Mining Company, LTV Electro-Galvanizing, Inc., LTV Holdings, Inc., LTV Leasing, Inc., LTV Steel Tubular Products Company, Lorain Pellet Terminal Co., Lykes Equipment Corporation, Lykes Leasing Corporation, Nemacolin Mines Corporation, Republic Buildings Corporation, Republic Drainage Products Company, Republic Technology Corporation, Republic-Reserve, Inc., Tuscaloosa Energy Corporation, YST Erie Corporation, Youngstown Erie Corporation, LTV Aerospace and Defense Company, National Telephone Systems, Inc., Sierra Information Systems Corporation, Sierra Research International Corporation, Universal Time/Frequency, Inc., LTV Industries, Inc., LTV Multinational, Inc., Vought Overseas, Ltd., LTV Vehicle Corp., Amland Corporation, Vought Properties, Inc., LTV Energy Products Company, Continental EMSCO Company, FC Divestiture Corporation, Halcorp, Inc., J.K. Industries, Inc., Juddcorp, Inc., LTV Properties, Inc., Oil States Offshore Marine, Inc., Oil States Rubber Co., Technical Plastics, Inc., et al., Debtors-Appellees, The Official Committee of Unsecured Creditors of the LTV Corporation `LTV' and The Official Committee of Unsecured Creditors of the LTV Steel Company, Inc., Appellees.

United States Court of Appeals, Second Circuit.

Decided November 29, 1993.


Attorney(s) appearing for the Case

Michael J. Crames, Guy Miller Struve, New York City (Edmund M. Emrich, Arlene R. Alves, Lisa Martinez Wolmart, John C. Amabile, Robin L. Golomb, Kaye, Scholer, Fierman, Hays & Handler, Karen E. Wagner, Bradley J. Butwin, Linda A. Ginsberg, Davis, Polk & Wardwell, M. William Munno, Seward & Kissel, of counsel), for debtors-appellees and appellees.

Arthur S. Friedman, New York City (Friedman, Wang & Bleiberg, Martin I. Shelton, Shea & Gould, on the brief, Laurie R. Josephs, Charles R. Macedo, Christine P. Chudnovsky, of counsel), for plaintiffs-appellants Frito-Lay, Inc., FL Holding Inc. and Ainwick Corp.

Larry L. Simms, Washington, DC (Harold S. Horwich, Lorraine M. Weil, G. Eric Brunstad, Jr., Hebb & Gitlin, Hartford, Ct., on the brief, James P. Ricciardi, Gregory E. Barton, Gibson, Dunn & Crutcher, of counsel), for plaintiff-appellant, Aetna Cas. and Sur. Co.

Before MAHONEY, McLAUGHLIN and JACOBS, Circuit Judges.


JACOBS, Circuit Judge:

On May 27, 1993, the United States Bankruptcy Court for the Southern District of New York, Burton R. Lifland, Chief Judge, entered an Order confirming the Second Modified Joint Plan of Reorganization (the "Plan") in the bankruptcy proceedings of appellee LTV Corporation and its affiliated debtors (individually and collectively, "LTV" or the "Debtors"). The Plan was substantially consummated on June 28, 1993 or immediately thereafter....

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