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· 2/19/2003

In Re USG Corp.

Citations

  • 290 B.R. 223
  • 50 Collier Bankr. Cas. 2d 284
  • 2003 Bankr. LEXIS 420
  • 2003 WL 760380

How courts have described this case

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

  • discussing the debtors’ arguments that many claimants do not have valid claims, claimants cannot prove exposure to their products, and chrysotile asbestos does not cause mesothelioma
  • “That shareholders’ equity may be extinguished to compensate those whom they believe suffered no tangible harm is a bitter corporate pill to swallow.”
  • “It is similarly distasteful medicine to tort claimants to hear that claims identical to those which were either litigated to judgment or settled in the state tort system over the course of many years could be eliminated by an imaginative application of federal procedural rules.”
  • allowing a merits-based challenge to claims during estimation

Source: CourtListener parenthetical corpus (CC0).

Judges: Wolin

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Sourced from CourtListener / Free Law Project (CC0).

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