IN RE W.R. GRACE & CO.

Civil Action Nos. 11-199, 11-200, 11-201, 11-202, 11-203, 11-207, 11-208, 09-644, 09-807

In re: W.R. GRACE & CO., et. al., Debtors.

United States District Court, D. Delaware.

June 27, 2012.


Attorney(s) appearing for the Case

W.R. Grace & Co., et al, Debtor, represented by James E. O'Neill, III , Pachulski, Stang, Ziehl & Jones, LLP & Kathleen P. Makowski , Pachulski, Stang, Ziehl & Jones, LLP.

Garlock Sealing Technologies LLC, Appellant, represented by Brett D. Fallon , Morris James LLP.

Her Majesty the Queen in Right of Canada, Appellant, represented by Matthew Paul Ward , Womble Carlyle Sandridge Rice.

W.R. Grace & Co., et al., Appellee, represented by James E. O'Neill, III , Pachulski, Stang, Ziehl & Jones, LLP & Roger J. Higgins, P.C. , PRO HAC VICE.

Official Committee of Unsecured Creditors, Appellee, represented by Michael R. Lastowski , Duane Morris LLP.

Official Committee of Equity Securities Holders, Appellee, represented by Teresa K.D. Currier , Saul Ewing LLP & Whitney W. Deeney , Saul Ewing LLP.

Official Committee of Asbestos Personal Injury Claimants, Appellee, represented by Mark Thomas Hurford , Campbell & Levine & Marla Rosoff Eskin , Campbell & Levine.

Official Committee of Asbestos Property Damage Claimants, Appellee, represented by Michael B. Joseph , Ferry, Joseph & Pearce, P.A., Lisa L. Coggins , Ferry, Joseph & Pearce, P.A. & Theodore J. Tacconelli , Ferry, Joseph & Pearce, P.A..

David T. Austern, Asbestos PI Future Claimants' Representative, Appellee, represented by John C. Phillips, Jr. , Phillips, Goldman & Spence, P.A. & Debra L. Felder , PRO HAC VICE.

Post-Petition DIP Lenders, Appellee, represented by Neil Glassman , Bayard, P.A..

Property Damage Future Claims' Representative, Appellee, represented by Robert Karl Hill , Seitz, Van Ogtrop & Green, P.A..

US Trustee, Appellee, represented by David M. Klauder , Office of the United States Trustee.

AXA Belgium, as Successor to Royale Belge SA, Appellee, represented by R. Stokes Nolte , Reilly Janiczek & McDevitt PC.

Continental Casualty Company and Continental Insurance Company, Appellee, represented by Edward B. Rosenthal , Rosenthal, Monhait & Goddess, P.A..

Federal Insurance Company, Appellee, represented by Barry M. Klayman , Cozen & O'Connor.

Fireman's Fund Insurance Company, Appellee, represented by John D. Demmy , Stevens & Lee.

Hartford Accident and Indemnity Company, Appellee, represented by Michael William Yurkewicz , Klehr, Harrison, Harvey, Branzburg & Ellers.

First State Insurance Company, Appellee, represented by Michael William Yurkewicz , Klehr, Harrison, Harvey, Branzburg & Ellers.

Twin City Fire Insurance Company, Appellee, represented by Michael William Yurkewicz , Klehr, Harrison, Harvey, Branzburg & Ellers.

New England Reinsurance Corporation, Appellee, represented by Michael William Yurkewicz , Klehr, Harrison, Harvey, Branzburg & Ellers.

Government Employees Insurance Company, Appellee, represented by Joseph N. Argentina, Jr. , Drinker Biddle & Reath LLP & Warren Thomas Pratt , Drinker Biddle & Reath LLP.

Republic Insurance Company, also known as Star Indemnity & Liability Company, Appellee, represented by Joseph N. Argentina, Jr. , Drinker Biddle & Reath LLP & Warren Thomas Pratt , Drinker Biddle & Reath LLP.

Maryland Casualty Company, Appellee, represented by Jeffrey C. Wisler , Connolly, Bove, Lodge & Hutz & Marc J. Phillips , Connolly, Bove, Lodge & Hutz.

National Union Fire Insurance Company of Pitsburgh, PA, Appellee, represented by Ricardo Palacio , Ashby & Geddes.

OneBeacon America Insurance Company, Appellee, represented by Joseph N. Argentina, Jr. , Drinker Biddle & Reath LLP & Warren Thomas Pratt , Drinker Biddle & Reath LLP.

Seaton Insurance Company, Appellee, represented by Joseph N. Argentina, Jr. , Drinker Biddle & Reath LLP & Warren Thomas Pratt , Drinker Biddle & Reath LLP.

Tig Insurance Company, Appellee, represented by Garvan F. McDaniel , Bifferato Gentilotti LLC.

United States Fire Insurance Company, Appellee, represented by Garvan F. McDaniel , Bifferato Gentilotti LLC.

Travelers Casualty and Surety Company, Appellee, represented by Robert J. Dehney , Morris, Nichols, Arsht & Tunnell & Ann C. Cordo , Morris, Nichols, Arsht & Tunnell.

Zurich Insurance Company, Appellee, represented by Jeffrey C. Wisler , Connolly, Bove, Lodge & Hutz & Marc J. Phillips , Connolly, Bove, Lodge & Hutz.

Zurich International (Bermuda) Ltd., Appellee, represented by Jeffrey C. Wisler , Connolly, Bove, Lodge & Hutz & Marc J. Phillips , Connolly, Bove, Lodge & Hutz.

Bank Lender Group, Appellee, represented by Richard S. Cobb , Landis Rath & Cobb LLP & James S. Green, Jr. , Landis Rath & Cobb LLP.

Morgan Stanley Senior Funding, Inc.,, Appellee, represented by Stuart M. Brown , DLA Piper LLP & Robert Craig Martin , DLA Piper LLP.

Anderson Memorial Hospital, Appellee, represented by Christopher D. Loizides , Loizides & Associates.

City of Vancouver, Appellee, represented by Christopher D. Loizides , Loizides & Associates.

School District 68 Nanaimo-Ladysmith, Appellee, represented by Christopher D. Loizides , Loizides & Associates.

BNSF Railway Company, Appellee, represented by James C. Carignan , Pepper Hamilton LLP, Evelyn Judith Meltzer , Pepper Hamilton LLP & John H. Schanne, II , Pepper Hamilton LLP.

Aaron C. Edwards, Appellee, represented by Kathleen M. Miller , Smith, Katzenstein, & Jenkins LLP.

James T. Beam, Appellee, represented by Kathleen M. Miller , Smith, Katzenstein, & Jenkins LLP.

Edward E. Storey, Appellee, represented by Kathleen M. Miller , Smith, Katzenstein, & Jenkins LLP.

John M. Thomas, Appellee, represented by Kathleen M. Miller , Smith, Katzenstein, & Jenkins LLP.

Sheila Martin, Appellee, represented by Kathleen M. Miller , Smith, Katzenstein, & Jenkins LLP.

Kaneb Pipe Line Operating Partnership, LP, Appellee, represented by Kathleen M. Miller , Smith, Katzenstein, & Jenkins LLP.

Support Terminal Services Inc., Appellee, represented by Kathleen M. Miller , Smith, Katzenstein, & Jenkins LLP.

Libby Claimants, as identified in the Amended and Restated Verified Statement of Cohn Whitesell & Goldberg LLP and Landis Rath & Cobb LLP, Appellee, represented by Adam G. Landis , Landis Rath & Cobb LLP, Daniel C. Cohn , PRO HAC VICE & Kerri King Mumford , Landis Rath & Cobb LLP.

Longacre Master Fund Ltd., Appellee, represented by James C. Carignan , Pepper Hamilton LLP.

Longacre Capital Partners (QP) LP, Appellee, represented by James C. Carignan , Pepper Hamilton LLP.

State of Montana, Appellee, represented by Francis A. Monaco, Jr. , Womble Carlyle Sandridge Rice, Kevin J. Mangan , Womble Carlyle Sandridge Rice & Matthew Paul Ward , Womble Carlyle Sandridge Rice.


MEMORANDUM

RONALD BUCKWALTER, Senior District Judge.1

Currently pending before the Court is the Emergency Motion of Appellant Garlock Sealing Technologies, LLC's ("Garlock") to Stay this Court's Amended Memorandum Opinion and Order Pending Appeal to the Court of Appeals. For the following reasons, the Motion is denied.

I. FACTUAL AND PROCEDURAL BACKGROUND

The lengthy factual background...

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