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IN RE MURALO CO., INC.

No. 03-26723 (MS).

301 B.R. 690 (2003)

In re The MURALO COMPANY, INC., A New Jersey Corporation, et al., Debtors.

United States Bankruptcy Court, D. New Jersey.

December 4, 2003.

Attorney(s) appearing for the Case

Frank Vecchione, Esq., Brian McMahon, Esq., Gibbons, Del Deo, Griffinger & Vecchione, PC, Newark, NJ, for Debtors.

Bruce Buechler, Esq., Lowenstein Sandler, PC Roseland, NJ, for Official Committee of Asbestos Claimants.

Margaret Lambe Jurow, Esq., United States Department of Justice, Newark, NJ, for U.S. Trustee.

Terri Jane Freedman, Esq., Porzio, Bromberg & Newman, P.C., Morristown, NJ, Co-counsel to the Official Committee of Unsecured Trade Creditors of the Muralo Company, Inc.

OPINION

MORRIS STERN, Bankruptcy Judge.

FACTUAL BACKGROUND

The Muralo Company, Inc. and its affiliate, Norton & Son of California, Inc. ("Muralo" and "Norton," respectively, and "Debtors" collectively), filed their chapter 11 bankruptcy petitions on May 20, 2003. Their cases (jointly administered per this court's order of May 23, 2003) are the subject of a motion for dismissal based upon purported "bad faith" filings. The movant...

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