Legal Opinion
Lippe v. Bairnco Corp.
District Court, S.D. New York
Decided March 14, 2003No. 96 CIV. 7600(DC)PublishedCited by 55 opinions
1Opinion of the Court
OPINION
CHIN, District Judge.
In 1993, after more than 100,000 asbestos lawsuits had been brought against it, Keene Corporation (“Keene”) filed for bankruptcy. In this case, plaintiffs, the Trustees of the Keene Creditors Trust (the “Trust”), contend that Keene knew in the early 1980s, more than a decade before it went into bankruptcy, that someday it would be overrun by asbestos personal injury cases. Plaintiffs contend that Keene and its management consequently concocted a grand scheme to engage in a series of corporate transactions to hide Keene’s assets from future asbestos claimants.…
2Cases cited47 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
- BFP v. Resolution Trust CorporationSupreme Court of the United States · 1994
- Weisgram v. Marley Co.Supreme Court of the United States · 2000
- James Nelson, (Each and Every in This Class Action Suit) v. Tennessee Gas Pipeline Company El Paso Tennessee Pipeline CompanyCourt of Appeals for the Sixth Circuit · 2001
- HBE Leasing Corp. v. FrankCourt of Appeals for the Second Circuit · 1995
42 more not listed; retrieve them via the Exa API.
3Cited by55 opinions
- ASARCO LLC v. Americas Mining Corp.District Court, S.D. Texas · 2008
- Chen v. New Trend Apparel, Inc.District Court, S.D. New York · 2014
- Berk v. St. Vincent's Hospital & Medical CenterDistrict Court, S.D. New York · 2005
- Gowan v. Patriot Group, LLC (In Re Dreier LLP)United States Bankruptcy Court, S.D. New York · 2011
- St. John's University, New York v. BoltonDistrict Court, E.D. New York · 2010
50 more not listed; retrieve them via the Exa API.