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IN RE DOW CORNING CORP.

Bankruptcy No. 95-20512.

198 B.R. 214 (1996)

In re DOW CORNING CORPORATION, Debtor.

United States Bankruptcy Court, E.D. Michigan, Northern Division.

July 16, 1996.

Attorney(s) appearing for the Case

Barbara J. Houser, Dallas, TX, Craig J. Litherland, Houston, TX, Peter A. Nolan, Austin, TX, for Dow Corning Corporation.

Ogden N. Lewis, New York City, Sheryl L. Toby, Detroit, MI, for Unsecured Creditors' Committee.

Alfred S. Lurey, Dennis S. Meir, Atlanta, GA, Susan A. Cahoon, Atlanta, GA, for Tort Claimants Committee.

Craig Atchinson, Assistant Michigan Attorney General, Lansing, MI, for Department of Environmental Quality.

OPINION ON DEBTOR'S MOTION FOR APPROVAL OF SETTLEMENTS WITH TEN INSURANCE COMPANIES

ARTHUR J. SPECTOR, Bankruptcy Judge.

I. INTRODUCTION

Over the last several years, Dow Corning Corporation ("Debtor") was sued by thousands of individuals for personal injuries allegedly caused by the breast implants it manufactured and the materials it supplied to other breast implant manufacturers. The Debtor tendered the complaints to its many insurers...

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