In Re Forty-Eight Insulations, Inc.
United States Bankruptcy Court, N.D. Illinois
1Opinion of the Court
MEMORANDUM OPINION
RONALD S. BARLIANT, Bankruptcy Judge.
The Debtor, Forty-Eight Insulations, Inc., filed a motion asking this Court to approve a settlement agreement with several of its insurers. Foster Wheeler Corporation (“FWC”) filed a motion to dismiss the Debtor’s motion. For the reasons discussed below, FWC's motion to dismiss is granted and Forty-Eight’s motion is denied.
BACKGROUND
Forty-Eight was a manufacturer of insulation that used asbestos. Like other companies using asbestos in insulation, it became a defendant in thousands of lawsuits for asbestos related injuries. As a result,…
2Cases cited10 opinions
- United States v. Whiting Pools, Inc.Supreme Court of the United States · 1983
- Local Number 93, International Ass'n of Firefighters v. City of ClevelandSupreme Court of the United States · 1986
- Menard-Sanford v. A.H. Robins Co.Supreme Court of the United States · 1989
- MacArthur Co. v. Johns-Manville Corp.Court of Appeals for the Second Circuit · 1988
- MacArthur Co. v. Johns-Manville Corp.Supreme Court of the United States · 1988
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3Cited by7 opinions
- In Re Dow Corning Corp.United States Bankruptcy Court, E.D. Michigan · 1996
- Overton's, Inc. v. Interstate Fire & Casualty Insurance (In Re SportStuff, Inc.)United States Bankruptcy Appellate Panel for the Eighth Circuit · 2010
- Caesars Entertainment Operating Co. v. BOKF, N.A. (In re Caesars Entertainment Operating Co.)United States Bankruptcy Court, N.D. Illinois · 2015
- In Re Forty-Eight Insulations, Inc.District Court, N.D. Illinois · 1992
- Werbungs Und Commerz Union Austalt v. Collectors' Guild, Ltd.District Court, S.D. New York · 1992
2 more not listed; retrieve them via the Exa API.