Williams, Sr., et al. v. Placid Oil Co.

by
Appellant and his children brought tort claims against Placid in connection with the allegedly asbestos-related illness and death of his wife. On appeal, appellants challenged the district court's affirmance of the bankruptcy court's grant of Placid's motion for summary judgment. The court affirmed, concluding that appellants were unknown creditors whose pre-petition claims were discharged by Placid's constructive notice and that Placid's notice was not substantively deficient. The court has never required bar date notices to contain information about specific potential claims and neither the Bankruptcy Court nor Rules require bar date notices to apprise creditors of potential claims. The court held that because a bar date notice need not inform unknown claimants of the nature of their potential claims, Placid's notices were substantively sufficient to satisfy due process. View "Williams, Sr., et al. v. Placid Oil Co." on Justia Law