Thorpe Insulation Company

O’Melveny won a significant victory for Resolute Management when the Ninth Circuit issued a landmark decision on the doctrine of equitable mootness and insurer standing in a hotly litigated mass-tort bankruptcy. The Court denied a motion to dismiss O’Melveny’s appeal as “equitably moot” and reversed the district court’s decision holding that our client lacked standing to challenge confirmation of the plan of reorganization. The appeal arose out of a high-profile mass-tort bankruptcy with over a billion dollars in claims at stake. The case was litigated by over a dozen major firms and was closely watched by the entire insurance industry.