Legal Opinion
Lippe v. Bairnco Corp.
District Court, S.D. New York
Decided February 6, 1998No. 96 CIV. 7600 DCPublishedCited by 18 opinions
1Opinion of the Court
OPINION
CHIN, District Judge.
In 1968, Keene Corporation (“Keene”) entered the asbestos products business by acquiring a company that manufactured and distributed insulation and other materials containing asbestos. The acquisition proved to be a profitable one at first, as Keene’s sales of asbestos products soared. In time, however, the decision to purchase the company proved to be disastrous.
In the late 1970’s, asbestos-related illnesses started to appear, and claims by individu als exposed to asbestos were filed against Keene in rapidly increasing numbers. By December 1989, more than 70,000…
2Cases cited25 opinions
- Conley v. GibsonSupreme Court of the United States · 1957
- Allen v. WrightSupreme Court of the United States · 1984
- Central Bank of Denver, N. A. v. First Interstate Bank of Denver, N. A.Supreme Court of the United States · 1994
- Reves v. Ernst & YoungSupreme Court of the United States · 1993
- Beate Bernheim v. Jeffrey LittCourt of Appeals for the Second Circuit · 1996
20 more not listed; retrieve them via the Exa API.
3Cited by18 opinions
- Official Committee of Unsecured Creditors of Verestar, Inc. v. American Tower Corp. (In Re Verestar, Inc.)United States Bankruptcy Court, S.D. New York · 2006
- Lippe v. Bairnco Corp.District Court, S.D. New York · 2003
- Lippe v. Bairnco Corp.District Court, S.D. New York · 2003
- Ernst & Young & Ernst & Young, LLP v. Bankruptcy Services, Inc. (In Re CBI Holding Co.)District Court, S.D. New York · 2004
- CHEMTEX, LLC v. St. Anthony Enterprises, Inc.District Court, S.D. New York · 2007
13 more not listed; retrieve them via the Exa API.