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IN RE PLANT INSULATION CO.

No. C 12-01887 RS. Bankruptcy No. 09-31347 TC.

485 B.R. 203 (2012)

In re PLANT INSULATION COMPANY, Debtor. Fireman's Fund Ins. Co., et al., Appellants, v. Plant Insulation Co., et al., Appellees.

United States District Court, N.D. California, San Francisco Division.

Order Denying Stay November 1, 2012.

Attorney(s) appearing for the Case

Cynthia L. Kendrick , Leslie A. Davis , Tacie H. Yoon , Crowell & Moring LLP, Washington, DC, Lynn H. Murray , Grippo & Elden LLC, Chicago, IL, Mark Plevin , Martha Kay Martin Crowell & Moring LLP, Joel Thomas Muchmore , Paul E.B. Glad , SNR Denton U.S. LLP, Chad A. Westfall , Musick Peeler & Garrett LLP, Philip Richard Matthews , Paul Joseph Killion , Ray L. Wong , Duane Morris LLP, San Francisco, CA, Philip Aloysius O'Conneh, Jr. , SNR Denton U.S. LLP, Boston, MA, Robert Millner , SNR Denton U.S. LLP, Clinton Earl Cameron , Troutman Sanders LLP, Chicago, IL, Andrew T. Frankel , Craig S. Waldman , Simpson Thacher & Bartlett LLP, Kathrine A. McLendon , Mark J. Thompson , Tancred v. Schiavoni , Abby F. Rudzin , O'Melveny Myers LLP, Michael S. Davis , Zeichner Ellman & Krause LLP, New York, NY, Deborah Lynn Stein , Simpson Thacher & Bartlett LLP, Lawrence Allen Tabb , Musick Peeler & Garrett LLP, Jaclyn Ann Blankenship , Richard Blair Goetz , O'Melveny and Myers LLP, David Keane Morrison , R. Jeff Cariisle , Randall James Peters , Rosemary H. Do , Lynberg & Watkins, Eugenie Gifford Baumann , Valerie Ann Moore , Haight Brown & Bonesteel LLP, Los Angeles, CA, Jonathan Charles Sanders Simpson Thacher Bartlett LLP, Palo Alto, CA, Alan S. Herman , The Herman Law Group, Woodland Hills, CA, Patricia Hsue , O'Melveny & Myers LLP, San Francisco, DC, for Appellants.

Michael H. Ahrens , Michael Magayne Lauter , Steven Benjamin Sacks , Sheppard MuUin Richter & Hampton LLP, San Francisco, CA, for Appehees.

ORDER DENYING APPEAL FROM CONFIRMATION OF RESTATED SECOND AMENDED PLAN OF REORGANIZATION

RICHARD SEEBORG, District Judge.

I. INTRODUCTION

This case confronts the legal, financial, and logistical challenges posed by reorganization of a debtor under Chapter 11 of the Bankruptcy Code, when its liabilities include the claims of future victims of asbestos. The debtor in this matter. Plant Insulation Company, sold, installed, and repaired asbestos-containing...

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