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Bankruptcy, Insolvency, and Restructurings

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Representative Engagements

  • We serve as counsel to insurers in many of the nation's leading asbestos-related bankruptcies, including W.R. Grace, Federal-Mogul, Combustion Engineering, Thorpe Insulation, Quigley, Plant Insulation, JT Thorpe, Flintkote, ASARCO, Burns & Roe, Porter Hayden, Lloyd E. Mitchell, and Skinner.
  • We served as lead trial and appellate counsel for several insurers in the landmark Combustion Engineering case (see In re Combustion Eng'g, Inc., 391 F.3d 190 (3d Cir. 2004)).
  • We were obtained a stay pending appeal of a confirmation order in a "pre-packaged" asbestos bankruptcy (see, In re JT Thorpe Co., Nos. 03-20112 and 03-20135 (5th Cir. 2003)).
  • We are currently counseling a consortium of leading American insurance companies concerning issues relating to bankruptcies arising out of mass tort claims, and recently counseled a major manufacturing company concerning the potential impact if its former parent, an asbestos defendant, filed bankruptcy.
  • We served as lead counsel for the debtor's insurance carriers in In re US Brass Corp., a Chapter 11 case involving thousands of products liability claims by persons allegedly damaged by failures of the debtor's polybutylene plumbing products.
  • We represent insurers in the mass tort bankruptcy of a former manufacturer of allegedly defective home heating furnaces.