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Placid Oil Co. v. Williams (In re Placid Oil Co.)

Pre 2005-Act: 
Pre 2005-Act
Ruling: 
Postconfirmation claims for prepetition asbestos related injury was discharged in case closed nearly two decades earlier.
Procedural posture: 
Plaintiff reorganized debtor filed an adversary proceeding, approximately two decades after confirmation of a Chapter 11 plan and closure of its bankruptcy case, in order to determine whether certain tort claims that have been asserted in state court post-confirmation by defendant claimants were discharged by the confirmation order in the debtor's Chapter 11 case. The parties filed cross motions for summary judgment.
Issue: 
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Commercial case opionion summary, case decided on March 21,2011, LexisNexis #0411-139