MSP Recovery Claims, Series LLC, a Delaware Series Limited Liability Company v. Plant Insulation Company Asbestos Settlement Trust, a Nevada Trust

Good Law
United States District Court, Northern District of CaliforniaMarch 11, 20223:21-cv-08602California1,087 words

Opinion

trial_court Opinion

1 2 3 4 5 6 7 UNITED STATES DISTRICT COURT 8 NORTHERN DISTRICT OF CALIFORNIA 9

MSP RECOVERY CLAIMS, SERIES LLC,

10 A DELAWARE SERIES, Case No. 21-cv-08602-RS

11 Plaintiff,

ORDER DENYING MOTION TO

12 v. WITHDRAW BANKRUPTCY

REFERENCE

13 PLANT INSULATION COMPANY

ASBESTOS SETTLEMENT TRUST,

14 Defendant. 15 16 Plaintiffs have filed an adversary proceeding in Bankruptcy Court, No. 3:21-03045, MSP 17 Recovery Claims, Series LLC v. Plant Insulation Co. Asbestos Settlement Trust (In re Plant 18 Insulation Co), and now move to withdraw the reference of the matter to that court. Pursuant to 19 Civil Rule 7-1(b), the motion is suitable for disposition without oral argument and the hearing set 20 for April 14, 2022, is vacated. 21 Withdrawal of the bankruptcy court reference is mandatory where “resolution of the 22 proceeding requires consideration of both title 11 and other laws of the United States regulating 23 organizations or activities affecting interstate commerce.” 28 U.S.C. § 157(d). Courts in the Ninth 24 Circuit have concluded that…

Sign in to read the full opinion

Create a free account to read the complete opinion text, citation history, and good-law status for this case.