Endo International plc

CourtUnited States Bankruptcy Court, S.D. New York
DecidedJanuary 22, 2025
Docket22-22549
StatusUnknown

This text of Endo International plc (Endo International plc) is published on Counsel Stack Legal Research, covering United States Bankruptcy Court, S.D. New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

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Endo International plc, (N.Y. 2025).

Opinion

UNITED STATES BANKRUPTCY COURT NOT FOR PUBLICATION SOUTHERN DISTRICT OF NEW YORK -------------------------------------------------------------- x In re: : Case No. 22-22549 (JLG) : Chapter 11 Endo International plc, et al., :

: Jointly Administered Debtors. : -------------------------------------------------------------- x

MEMORANDUM DECISION AND ORDER DENYING MOTION FOR LEAVE TO PROCEED WITH STATE COURT ACTION

A P P E A R A N C E S:

HOLWELL SHUSTER & GOLDBERG LLP Attorneys for ACE Property and Casualty Insurance Company, Chubb Custom Insurance Company, and Illinois Union Insurance Company 425 Lexington Ave. New York, NY 10017 By: Michael S. Shuster Blair E. Kaminsky Daniel M. Sullivan Matthew Gurgel

NICOLAIDES FINK THORPE MICHAELIDES SULLIVAN LLP Attorneys for Everest National Insurance Company 10 South Wacker Drive, 36th Floor Chicago, IL 60606 By: Charles A. Hafner Matthew S. Sorem Leena Soni

WILSON ELSER MOSKOWITZ EDELMAN & DICKER LLP Attorney for Certain Underwriters at Lloyd’s London Subscribing to Policy Nos. LSRXS00198- 16, LSRXS00285-17, LSRXS00456-19 1133 Westchester Avenue White Plains, NY 10604 By: Eric G. Cheng DENTONS US LLP Attorneys for Catlin Syndicate Limited A/K/A XL Syndicate Limited, Columbia Casualty Company, Greenwich Insurance Company, and XL Insurance America 1221 Avenue of the Americas New York, NY 10020 By: Geoffrey Miller 1400 Wewatta Street, Suite 700 Denver, CO 80202 By: Kathryn Guinn 100 Crescent Court Suite 900 Dallas, TX 75201 By: Matthew T. Nickel 4520 Main Street Suite 1100 Kansas City, MO 64111 By: Samantha Wenger

HANGLEY ARONCHICK SEGAL PUDLIN & SCHILLER Attorneys for Liberty Insurance Underwriters Inc. and The Ohio Casualty Insurance Company One Logan Square, 27th Floor Philadelphia, PA 19103 By: Ronald P. Schiller

CHOATE, HALL & STEWART LLP Attorneys for Liberty Insurance Underwriters Inc. and The Ohio Casualty Insurance Company Two International Place Boston, MA 02110 By: Douglas R. Gooding Robert A. Kole Caroline M. Trusty

HANGLEY ARONCHICK SEGAL PUDLIN & SCHILLER Attorney for Ironshore Specialty Insurance Company One Logan Square, 27th Floor Philadelphia, PA 19103 By: Ronald P. Schiller

MCKOOL SMITH, P.C. Attorneys for Matthew Dundon, in his capacity as Trustee for the General Unsecured Creditors’ Trust 1301 Avenue of the Americas, 32nd Floor New York, NY 10019 By: Kyle A. Lonergan James H. Smith Radu A. Lelutiu

GILBERT LLP Attorneys for Matthew Dundon, in his capacity as Trustee for the General Unsecured Creditors’ Trust 700 Pennsylvania Avenue, SE Suite 400 Washington, DC 20003 By: Richard J. Leveridge

HON. JAMES L. GARRITY, JR. U.S. BANKRUPTCY JUDGE INTRODUCTION1 Matthew J. Dundon (the “GUC Trustee”), is the trustee for the General Unsecured Creditors Trust (the “GUC Trust”), a statutory trust created by the Fourth Amended Plan of Reorganization of Endo International plc and its debtor affiliates (the “Plan”).2 In that capacity, he commenced an action against certain Insurers, including the DE Plaintiff Insurers,3 seeking insurance coverage under certain insurance policies in the United States District Court for the Eastern District of Pennsylvania (the “Pennsylvania Court”) (the “Pennsylvania Action”),4 The DE Plaintiff Insurers filed answers to the GUC Trust Complaint and, immediately thereafter,

1 Capitalized terms that are not defined herein shall have the meanings ascribed to them in the Plan. 2 See Fourth Amended Joint Chapter 11 Plan of Reorganization of Endo International plc and its Affiliated Debtors, ECF No. 3849. References to “ECF No. __” are documents filed on the electronic docket of the Chapter 11 Case. 3 The “DE Plaintiff Insurers” refers to movants ACE Property and Casualty Insurance Company; Catlin Syndicate Limited a/k/a/ AXA XL Syndicate Limited; Certain Underwriters at Lloyd’s London Subscribing to Policy Nos. LSRXS00198-16, LSRXS00285-17, LSRXS00456-19; Chubb Custom Insurance Company; Columbia Casualty Company; Everest National Insurance Company; Greenwich Insurance Company; Illinois Union Insurance Company; Ironshore Specialty Insurance Company; Liberty Insurance Underwriters Inc.; The Ohio Casualty Insurance Company; and XL Insurance America, Inc. The DE Plaintiff Insurers are a subset of the defendant Insurers in the Pennsylvania Action. 4 See Matthew Dundon, as the Tr. of the Endo Gen. Unsecured Creditors’ Tr. v. ACE Prop. & Cas. Ins. Co., et al., No. 24-04221 (E.D. Pa.). References to the docket sheet of the Pennsylvania Action shall be to “EDPA ECF No. __.” commenced a declaratory judgment action in Delaware Superior Court (the “Delaware Court”) against the GUC Trust, the GUC Trustee and a subset of the Insurers (the “Delaware Action”). In it they seek to resolve some of the insurance coverage disputes at issue in the Pennsylvania Action. The DE Plaintiff Insurers did not obtain leave of the Court prior to commencing the Delaware Action.

The matter before the Court is the DE Plaintiff Insurers’ Notice of Pending State Court Action or, in the Alternative, Motion for Leave to Proceed With State Court Action (the “Notice & Motion”),5 in which they purport to (i) notify the GUC Trustee and this Court of the pending Delaware Action, and (ii) in the alternative and to the extent necessary, move this Court for leave to proceed with the Delaware Action. The Trustee filed an objection to the Notice & Motion (the “Objection”),6 and the DE Plaintiff Insurers filed a reply in further support of the Notice & Motion (the “Reply”).7

The Court heard argument on these matters. For the reasons set forth herein the Court finds that by application of the Barton Doctrine, the DE Plaintiff Insurers are enjoined from prosecuting the Delaware Action. The Court denies their request for leave to prosecute the action and directs them to dismiss the action. JURISDICTION This Court has jurisdiction over this matter pursuant to 28 U.S.C. §§ 157 and 1334 and the Amended Standing Order of Referral of Cases to Bankruptcy Judges of the United States District

5 Motion to Authorize State Court Action to Proceed, ECF No. 4795. 6 Objection To Insurers’ Notice Or, in the Alternative, Motion for Leave to Proceed With State Court Action, ECF No. 4810. 7 Reply in Further Support of Notice of Pending State Court Action or, in the alternative, Motion for Leave to Proceed With State Court Action, ECF No. 4815. Court for the Southern District of New York (M-431), dated January 31, 2012 (Preska, C.J.). This matter is a core proceeding pursuant to 28 U.S.C. § 157(b)(2). In addition, pursuant to the Confirmation Order8 and Plan, this Court has retained jurisdiction over the Chapter 11 Cases and all matters arising out of, or related to, the Chapter 11 Cases and the Plan, including, among other things, to enter and implement such orders as may be necessary or appropriate to execute,

implement, or consummate the provisions of the Plan, the Confirmation Order, and any agreements and documents in connection with or contemplated by the Plan, the Confirmation Order, the PSA, and the Disclosure Statement. BACKGROUND On August 16, 2022 (the “Petition Date”), Endo International plc and seventy-five of its affiliated Debtors each commenced chapter 11 cases (the “Chapter 11 Cases”) by filing a petition for relief under chapter 11 of the Bankruptcy Code. On May 25, 2023, and May 31, 2023, certain additional Debtors also commenced Chapter 11 Cases by filing petitions for relief under chapter

11 of the Bankruptcy Code. The Chapter 11 Cases are being jointly administered.

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