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IN RE RAYTECH CORP.

Bankruptcy No. 5-89-00293. Adv. No. 95-5139.

190 B.R. 149 (1995)

In re RAYTECH CORPORATION, Debtor. OFFICIAL COMMITTEE OF UNSECURED CREDITORS, Plaintiff, v. RAYTECH CORPORATION, Defendant.

United States Bankruptcy Court, D. Connecticut.

December 8, 1995.

Attorney(s) appearing for the Case

Robert A. White, Robert E. Kaelin, Murtha, Cullina, Richter and Pinney, Hartford, Connecticut, for Raytech Corporation.

Michael Temin, Wolf, Block, Schorr and Solis-Cohen, Philadelphia, Pennsylvania, Robert S. Evans, The Marcus Law Firm, New Haven, Connecticut, for Official Committee of Unsecured Creditors.

MEMORANDUM AND ORDER UNDER 11 U.S.C. § 363(b)(1)

ALAN H.W. SHIFF, Bankruptcy Judge.

Raytech Corporation (the "Debtor") manufactures and sells friction products to the automotive and agricultural markets through wholly owned operating subsidiaries. Raytech has been found to be liable as a successor for asbestos related injuries caused by products manufactured by Raymark Industries, Inc. Although the parties disagree as to the extent of that liability...

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