Legal Opinion
Travelers Indemnity Co. v. Statutory & Hawaii Direct Action Settlement Counsel
District Court, S.D. New York
Decided March 1, 2012No. Nos. 11 Civ. 1312(JGK), 11 Civ. 1329(JGK)PublishedCited by 3 opinions
1Opinion of the Court
OPINION AND ORDER
JOHN G. KOELTL, District Judge.
The appellants, Travelers Indemnity Company and Travelers Casualty and Surety Company (“Travelers”), appeal from a final judgment of the United States Bankruptcy Court for the Southern District of New York (Lifland, J.), dated January 20, 2011, requiring Travelers to pay over $500 million to certain asbestos plaintiffs that had filed direct actions against Travelers. The Judgment sought to enforce three settlement agreements that were executed by the parties in 2004. Because a condition precedent in the settlement agreements was not satisfied,…
2Cases cited18 opinions
- Ortiz v. Fibreboard Corp.Supreme Court of the United States · 1999
- Travelers Indemnity Co. v. BaileySupreme Court of the United States · 2009
- LAW DEBENTURE TRUST CO. OF NY. v. Maverick Tube Corp.Court of Appeals for the Second Circuit · 2010
- Oppenheimer & Co. v. Oppenheim, Appel, Dixon & Co.New York Court of Appeals · 1995
- Stephen King v. Allied Vision, Ltd. And Innovation Books, a Division of the Innovation Corporation, New Line Cinema CorporationCourt of Appeals for the Second Circuit · 1995
13 more not listed; retrieve them via the Exa API.
3Cited by3 opinions
- Fox v. PicardDistrict Court, S.D. New York · 2012
- Common Law Settlement Counsel v. Travelers Indemnity Co. (In Re Johns-Manville Corp.)Court of Appeals for the Second Circuit · 2014
- In Re 785 Partners LLCUnited States Bankruptcy Court, S.D. New York · 2012