IN RE PLANT INSULATION CO.

Nos. 12-17466, 12-17467.

734 F.3d 900 (2013)

In re PLANT INSULATION CO., Debtor. Fireman's Fund Insurance Company; United States Fire Insurance Company, Plaintiffs, and Onebeacon Insurance Company; American Home Assurance Company; Granite State Insurance Company; Insurance Company of the State of Pennsylvania; Insurance Company of the West; Safety National Casualty Corporation; Transport Indemnity Company; United States Fidelity And Guaranty Company, Plaintiffs-Appellants, v. Plant Insulation Company, Debtor-in-Possession-Appellee. Official Committee of Unsecured Creditors, c/o Sheppard Mullin Richter & Hampton, LLP, Defendant-Appellee, Futures Representative, The Honorable Charles B. Renfrew (Ret.), Real-party-in-interest-Appellee. In re Plant Insulation Co., Debtor, Fireman's Fund Insurance Company, Plaintiff, American Home Assurance Company; Granite State Insurance Company; Insurance Company of the State Of Pennsylvania; Insurance Company of the West; Safety National Casualty Corporation; Transport Indemnity Company; United States Fidelity And Guaranty Company, Plaintiffs, and United States Fire Insurance Company, Plaintiff-Appellant, v. Plant Insulation Company, Debtor-in-Possession-Appellee, Official Committee of Unsecured Creditors, c/o Sheppard Mullin Richter & Hampton, LLP, Defendant-Appellee, Futures Representative, The Honorable Charles B. Renfrew (Ret.), Real-party-in-interest-Appellee.

United States Court of Appeals, Ninth Circuit.

Filed October 28, 2013.


Attorney(s) appearing for the Case

Robert B. Millner , SNR Denton U.S. LLP, Chicago, IL, Andrew T. Frankel , Simpson Thacher & Bartlett LLP, New York, NY, and Clinton E. Cameron , Troutman Sanders LLP, Chicago, IL, argued the cause for Appellants. Joel T. Muchmore , SNR Denton U.S. LLP, San Francisco, CA, and Clinton E. Cameron filed briefs for the Appellants. With them on the briefs were Paul E. Glad , SNR Denton U.S. LLP, San Francisco, CA, Philip A. O'Connell, Jr. , SNR Denton U.S. LLP, Boston, MA, Robert B. Millner and Christopher D. Soper , SNR Denton U.S. LLP, Chicago, IL, Andrew T. Frankel and Mark Thompson , Simpson Thacher & Bartlett LLP, New York, NY, Deborah L. Stein , Simpson Thacher & Bartlett LLP, Los Angeles, CA, Valerie A. Moore and Eugenie Gifford Baumann , Haight, Brown & Bonesteel LLP, Los Angeles, CA, Randall J. Peters , R. Jeff Carlisle , and David K. Morrison , Lynberg & Watkins P.C., Los Angeles, CA, Michael S. Davis , Zeichner Ellman & Krause LLP, New York, NY, Ray L. Wong , Philip R. Matthews and Paul J. Killion , Duane Morris LLP, San Francisco, CA, Lawrence A. Tabb , Musick Peeler & Garrett, Los Angeles, CA, Chad Westfall , Musick, Peeler & Garrett, San Francisco, CA, Clinton E. Cameron and Seth M. Erickson , Troutman Sanders LLP, Chicago, IL.

Steven B. Sacks , Sheppard, Mullin, Richter & Hampton LLP, San Francisco, CA, argued the cause and filed a brief for the Debtor-Appellees. With him on the brief was Michael H. Ahrens , Sheppard, Mullin, Richter & Hampton LLP, San Francisco, CA, Gary S. Fergus , Fergus, A Law Office, San Francisco, CA, James L. Miller , Snyder, Miller & Orton LLP, San Francisco, CA, Peter Van N. Lockwood , Caplin & Drysdale, Chartered, Washington, DC.

Before: JOHN T. NOONAN, DIARMUID F. O'SCANNLAIN, and N. RANDY SMITH, Circuit Judges.


OPINION

O'SCANNLAIN, Circuit Judge:

We must decide whether a bankruptcy plan, which allegedly leaves a group of insurers paying more than their fair share on a large number of asbestos personal injury claims, complies with the Bankruptcy Code.

I

A

Plant Insulation Co. ("Plant") is a California corporation that was founded in 1937 and made a successful business selling Fiberboard-manufactured asbestos-based insulation through 1971...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases