Committee of Asbestos-Related Litigants and/or Creditors v. Johns-Manville Corp. (In Re Johns-Manville Corp.)

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• “[T]he primary focus of the horizontal analysis is external — this business vis-a-vis similar businesses.”
• “[T]he Code favors the continued operation of a business by a debtor and a presumption of reasonableness attaches to a debtor’s management decisions.”
• oil and gas operator retained by the trustee was a professional person
• management consultants who had no inside relationship to the debtor were professionals
• where a debtor in possession employed lawyers as lobbyists, the debtor was not required to seek court approval as such lobbyists were hired in the ordinary course of business and did not play an intimate role in the reorganization of a debtor’s estate

Source: CourtListener parenthetical corpus (CC0).