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IN RE LGI, INC.

Bankruptcy No. 99-39325 (RG). Adversary No. 01-3642 MS.

322 B.R. 95 (2005)

In re LGI, INC., Debtor. David Michaels, Distribution Trustee for LGI, Inc., Plaintiff, v. World Color Press, Inc., Grady W. Jones Company and Unarco Material Handling, Inc., Defendants.

United States Bankruptcy Court, D. New Jersey.

March 15, 2005.

Attorney(s) appearing for the Case

Cozen O'Connor, Jerrold N. Poslusny, Jr., Cherry Hill, NJ, for Plaintiff.

Booker, Rabinowitz, Trenk, Lubetkin, Tully, DiPasquale & Webster, P.C, Sam Delia Fera, Jr., West Orange, NJ, for Defendants World Color Press, Inc. (n/k/a Quebecor World (USA), Inc.), Grady W. Jones Company and Unarco Material Handling, Inc.

Ravin Greenberg, PC, Howard S. Greenberg, Roseland, NJ, for the Official Committee of Unsecured Creditors.

OPINION

MORRIS STERN, Bankruptcy Judge.

Plaintiff David Michaels is the Distribution Trustee pursuant to a Distribution Trust Agreement entered into post-confirmation with certain reorganized Chapter 11 debtors. The affiliated debtors are collectively denominated "LGI, Inc.," (hereinafter the "debtor"). On October 7, 1998 the debtor sustained a casualty loss at a printing facility owned and operated by defendant World Color in Covington, Tennessee...

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