I.O.P. 11.2: Circumstances
Local Appellate Rules and Internal Operating Procedures of the Third Circuit — I.O.P. Chapter 11. Recusal or Disqualification of Judges
11.2.1 The provisions of 28 U.S.C. Section 455 and 28 U.S.C. Section 144 regarding recusal are fully incorporated here.
11.2.2 (a) With respect to "financial interest" as used in 28 U.S.C. Section 455, ownership of a small percentage of the outstanding shares of a publicly traded corporation which is a member of a trade association that is a party to the lawsuit is not a "financial interest" in the subject matter in controversy or in a party to the proceeding unless the owner has an interest that can be substantially affected by the outcome of the proceeding.
(b) Ownership of a small percentage of the outstanding shares of a publicly traded corporation that is listed as a creditor of the bankrupt who is a party to the lawsuit is not a "financial interest" in the subject matter in controversy or in a party to the proceeding unless the owner has an interest that can be substantially affected by the outcome of the proceeding.
(c) An insurance policy issued to a judge or a member of his or her family is not a "financial interest" in the insurance company.