Legal Opinion
In Re Drexel Burnham Lambert Group Inc.
United States Bankruptcy Court, S.D. New York
Decided December 18, 1992No. 19-22589PublishedCited by 18 opinions
1Opinion of the Court
MEMORANDUM OF DECISION ON THE APPLICATION OF § 502(e)(1)(B) TO THE INDEMNIFICATION OF DEFENSE COSTS ASSOCIATED WITH UNRESOLVED UNDERLYING THIRD PARTY ACTIONS
FRANCIS G. CONRAD, Bankruptcy Judge. *
We are presented with two issues 1 . First, whether claims for indemnification of costs and expenses, including attorney fees, (Defense Costs) associated with the defense of unresolved underlying third-party actions in which the debtor and claimant are co-liable should be disallowed under 11 U.S.C. § 502(e)(1)(B). Second, whether the equities of the particular case before us constitute an exception to…
2Cases cited11 opinions
- In Re Drexel Burnham Lambert Group, Inc.Court of Appeals for the First Circuit · 1992
- AL Tech Specialty Steel Corp. v. Allegheny International, Inc. (In Re Allegheny International, Inc.)District Court, W.D. Pennsylvania · 1991
- In Re Provincetown-Boston Airlines, Inc.United States Bankruptcy Court, M.D. Florida · 1987
- In Re the Charter Company, Debtor. Syntex Corp. v. The Charter Company, Northeastern Pharmaceutical and Chemical Co. v. The Charter Co., Syntex Corp. v. Independent Petrochemical Corp., Northeastern Pharmaceutical and Chemical Co. v. Independent Petrochemical Corp.Court of Appeals for the Eleventh Circuit · 1989
- In Re Wedtech Corp.United States Bankruptcy Court, S.D. New York · 1988
6 more not listed; retrieve them via the Exa API.
3Cited by18 opinions
- New York City Employees' Retirement System v. Ebbers (In Re WorldCom, Inc. Securities Litigation)District Court, S.D. New York · 2003
- In Re RNI Wind Down Corp.United States Bankruptcy Court, D. Delaware · 2007
- In Re Touch America Holdings, Inc.United States Bankruptcy Court, D. Delaware · 2008
- In Re Lull Corp.United States Bankruptcy Court, D. Minnesota · 1993
- In Re GCO Services, LLCUnited States Bankruptcy Court, S.D. New York · 2005
13 more not listed; retrieve them via the Exa API.