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OneBeacon Insurance Company v. Plant Insulation Company
Case Number:
3:14-cv-01200
Court:
Nature of Suit:
Judge:
Firms
- Clyde & Co
- Dentons
- Duane Morris
- Fergus A Law Office
- Jones Day
- Keller Benvenutti
- Lynberg & Watkins
- Musick Peeler
- Schnader Harrison
- Sheppard Mullin
- Simpson Thacher
- Zeichner Ellman
Companies
- American Home Assurance Co.
- American International Group Inc.
- Armour Group Holdings Ltd.
- Crum & Forster Holdings Corp.
- Granite State Insurance Co.
- Safety National Casualty Corp.
Sectors & Industries:
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August 19, 2014
Plant Insulation Co. Beats Insurers' Appeal Of Reorg Plan
A California federal judge on Monday rejected protests from a group of Plant Insulation Co.'s insurance carriers to a Chapter 11 plan that creates an asbestos injury compensation trust, ruling the plan offers the trust a viable path for taking control of the reorganized entity.
-
July 28, 2014
Plant Insulation Reorg Plan Flouts 9th Circ., Insurers Say
Insurer creditors for bankrupt Plant Insulation Co. urged a California federal judge on Monday to reverse a bankruptcy court's approval of Plant's latest reorganization plan, arguing that the plan flouts a Ninth Circuit order by forcing Plant's trust to purchase a majority of Plant's shares at four times their value.