Celotex Corp. v. Edwards, 514 U.S. 300, 12 (1995)

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Cite as: 514 U. S. 300 (1995)

Opinion of the Court

by creditor against debtor's guarantors would affect administration of debtor's reorganization plan); cf. MacArthur Co. v. Johns-Manville Corp., 837 F. 2d 89, 93 (CA2) (noting that a bankruptcy court's injunctive powers under § 105(a) allow it to enjoin suits that "might impede the reorganization process"), cert. denied, 488 U. S. 868 (1988); In re A. H. Robins Co., 828 F. 2d 1023, 1024-1026 (CA4 1987) (affirming Bankruptcy Court's § 105(a) injunction barring products liability plaintiffs from bringing actions against debtor's insurers because such actions would interfere with debtor's reorganization), cert. denied sub nom., 485 U. S. 969 (1988).8

Respondents, relying on our decision in Board of Governors, FRS v. MCorp Financial, Inc., 502 U. S. 32 (1991), contend that § 1334(b)'s statutory grant of jurisdiction must be reconciled and harmonized with Federal Rule of Civil Procedure 65.1, which provides an expedited procedure for executing on supersedeas bonds. In MCorp, we held that the grant of jurisdiction in § 1334(b) to district courts sitting in bankruptcy did not authorize an injunction against a regulatory proceeding, but there we relied on "the specific preclusive language" of 12 U. S. C. § 1818(i)(1), which stated that " 'no court shall have jurisdiction to affect by injunction or otherwise the issuance or enforcement of any [Board] notice or order.' " 502 U. S., at 39, 42. There is no analogous statutory prohibition against enjoining the maintenance of a proceeding under Rule 65.1. That Rule provides:

"Whenever these rules . . . require or permit the giving of security by a party, and security is given in the form

8 We recognize the theoretical possibility of distinguishing between the proceeding to execute on the bond in the Fifth Circuit and the § 105 stay proceeding in the Bankruptcy Court in the Eleventh Circuit. One might argue, technically, that though the proceeding to execute on the bond is "related to" the Title 11 case, the stay proceeding "arises under" Title 11, or "arises in" the Title 11 case. See In re Monroe Well Serv., Inc., 67 B. R. 746, 753 (Bkrtcy. Ct. ED Pa. 1986). We need not and do not decide this question here.

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