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Third Circuit· 10/12/2005

In re Owens Corning

Citations

  • 419 F.3d 195
  • 2005 WL 1939796

How courts have described this case

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

  • holding that substantive consolidation is not available where creditors can prove \they are adversely affected and actually relied on debtors' separate existence.\
  • holding that substantive consolidation was inappropriate when, inter alia, prepetition lenders relied on entity separateness
  • concluding that courts must “respect entity separateness absent compelling circumstances calling equity . . . into play”
  • Discussing that lenders may structure a loan based on evaluating corporate affiliates as separate entities to determine the value of parent or subsidiaries’ guarantees, rather than considering affiliates as one indistinguishable entity.
  • Discussing that lenders may structure a loan based on evaluating corporate affiliates as separate entities to determine the value of parent or subsidiaries’ guarantees, rather than considering affiliates as one indistinguishable entity.
  • Discussing that lenders may structure a loan based on evaluating corporate affiliates as separate entities to determine the value of parent or subsidiaries’ guarantees, rather than considering affiliates as one indistinguishable entity.

Source: CourtListener parenthetical corpus (CC0).

Judges: Ambro, Fuentes, Roth

Read full opinion on CourtListener

Cited by

93 cases in this archive cite this case; the 20 most cited are listed.

Cites

35 cases in this archive are cited by this case; the 20 most cited are listed.

Other cases named In re Owens Corning

8 other CourtListener records share this case name.

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.