Legal Opinion

In Re Forty-Eight Insulations, Inc.

United States Bankruptcy Court, N.D. Illinois

Decided November 27, 1991No. 19-01113PublishedCited by 7 opinions

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

  1. United States v. Whiting Pools, Inc.Supreme Court of the United States · 1983
  2. Local Number 93, International Ass'n of Firefighters v. City of ClevelandSupreme Court of the United States · 1986
  3. Menard-Sanford v. A.H. Robins Co.Supreme Court of the United States · 1989
  4. MacArthur Co. v. Johns-Manville Corp.Court of Appeals for the Second Circuit · 1988
  5. MacArthur Co. v. Johns-Manville Corp.Supreme Court of the United States · 1988

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3Cited by7 opinions

  1. In Re Dow Corning Corp.United States Bankruptcy Court, E.D. Michigan · 1996
  2. Overton's, Inc. v. Interstate Fire & Casualty Insurance (In Re SportStuff, Inc.)United States Bankruptcy Appellate Panel for the Eighth Circuit · 2010
  3. Caesars Entertainment Operating Co. v. BOKF, N.A. (In re Caesars Entertainment Operating Co.)United States Bankruptcy Court, N.D. Illinois · 2015
  4. In Re Forty-Eight Insulations, Inc.District Court, N.D. Illinois · 1992
  5. 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.

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