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IN RE ORMET CORP.

No. 2:05-cv-571.

355 B.R. 37 (2006)

In re ORMET CORPORATION, et al., Debtors. United Steelworkers of America, AFL-CIO-CLC, Appellant, v. Ormet Corporation, et al., Appellees.

United States District Court, S.D. Ohio, Eastern Division.

March 31, 2006.

Attorney(s) appearing for the Case

David M. Fusco, Schwarzwald & McNair LLP, Cleveland, OH, for Appellant.

Adam C Harris, Schulte Roth & Zabel LLP, New. York, NY, Donald Wayne Mallory, Kim Martin Lewis, Dinsmore & Shohl LLP, Cincinnati, OH, for Appellees.

Nick V. Bailey, Bailey Cavalieri, LLC, Columbus, OH, James E. Van Horn, McGuire Woods, LLP, Pittsburgh, PA, Robert G. Sable, Pittsburgh, PA, Ronald W. Crouch, Pittsburgh, PA, Timothy B. McGranor, Columbus, OH, for Official Committee of Unsecured Creditors.

OPINION AND ORDER

GRAHAM, District Judge.

The United Steelworkers of America (the "USW") brings this appeal of the bankruptcy court's March 24, 2005 order granting relief under 11 U.S.C. § 1114 to modify retiree benefits. Section 1114 protects retiree benefits while a company is reorganizing, but a bankruptcy court may authorize modifications to benefits if certain statutory requirements are satisfied. Here, the bankruptcy court granted §...

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