Legal Opinion
In re Oakfabco, Inc.
United States Bankruptcy Court, N.D. Illinois
Decided August 4, 2017No. Bankruptcy No. 15 B 27062PublishedCited by 2 opinions
1Opinion of the Court
OPINION ON DEBTOR’S MOTION TO APPROVE ASSUMPTION OF A SETTLEMENT AGREEMENT AND RELEASE BETWEEN OAK-FABCO, INC, AND NEW ENGLAND REINSURANCE CO. [DKT. NO. 67]
Jack B. Schmetterer, United States Bankruptcy Judge
Debtor moved for approval of a settlement with New England Reinsurance Company (“New England”) (Dkt. No. 67) which was objected to by the Asbestos Claimants’ Committee, (Dkt. No. 338.) New England and the Debtor filed responses in favor of the settlement. (Dkt. Nos. 274 & 364.) Debtor’s motion was amended to offer $4.5 million. For reasons stated below, Debtor’s motion will be granted by…
2Cases cited21 opinions
- National Labor Relations Board v. Bildisco & BildiscoSupreme Court of the United States · 1984
- Nicor, Inc. v. Associated Electric & Gas Insurance Services Ltd.Illinois Supreme Court · 2006
- United States Gypsum Co. v. Admiral InsuranceAppellate Court of Illinois · 1994
- Richard M. Fogel, as Trustee for the Estate of Madison Management Group, Inc. v. Samuel Zell, Appeal of City and County of DenverCourt of Appeals for the Seventh Circuit · 2000
- Airadigm Communications, Inc. v. Federal Communications CommissionCourt of Appeals for the Seventh Circuit · 2008
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3Cited by2 opinions
- Charles K. Breland, Jr.United States Bankruptcy Court, S.D. Alabama · 2020
- Osprey Utah, LLC.United States Bankruptcy Court, S.D. Alabama · 2020