Matter of 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.

• objecting party may not raise “the rights of third parties who do not object to confirmation.”
• “The plan proponent is not required to guarantee the ultimate success of the reorganized company”
• “[N]o party may successfully prevent the confirmation of a plan by raising the rights of third parties who do not object to confirmation.”
• plan create a trust out of which claims were to be paid
• “[T]he Legal Representative for Future Claimants has been active in the Manville reorganization for over two years. He has been the catalyst for, if not the architect of, [the] Plan.”

Source: CourtListener parenthetical corpus (CC0).