Court of Appeals Cases from Last Week

United States Second Circuit, 04/10/2012

In re Quigley Company, Inc., No. 11-2635¬† bankruptcy court order holding that an injunction issued in a corporation’s bankruptcy proceedings applied to stay certain suits against its parent company, affirmed, where: 1) the Second Circuit had jurisdiction to hear the appeal; 2) the bankruptcy court had¬†jurisdiction to enjoin the suits against the parent company; 3) the exercise of statutory bankruptcy jurisdiction to enjoin the suits was appropriate, since litigation of those suits would almost certainly have resulted in the drawing down of insurance policies that were part of the bankruptcy estate; and 4) the injunction, modeled on 11 USC section 524(g)(4)(A)(ii), did not enjoin the suits at issue.

Thanks to Findlaw.com

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