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Texas "Two-Step" Forward, Three Steps Back for Mass Tort Debtors in the Third Circuit After LTL | Bracewell LLP - Vimarsana News

Texas "Two-Step" Forward, Three Steps Back for Mass Tort Debtors in the Third Circuit After LTL | Bracewell LLP

Published: February 4, 2023

In a decision that may provide much-needed boundaries around the permissibility of debtors created from “out-of-the-box” prepetition corporate transactions, on January 30, 2023, the...

Source: jdsupra.com
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Parties ListedNondebtor Prohibition ActBaby Powder
Johnson and Johnson LTL Management Bankruptcy Filing Update - Vimarsana News

Johnson and Johnson LTL Management Bankruptcy Filing Update

Published: February 3, 2023

On January 30, 2023, the Third Circuit issued a unanimous opinion in the mass tort bankruptcy case dismissing Johnson and Johnson subsidiary LTL Management's chapter 11 case pending in the Bankruptcy Court for the District of New Jersey as not being filed in good faith.

Source: natlawreview.com
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United StatesNew JerseyNorth CarolinaJohnson Consumer IncUnited States CourtJersey Bankruptcy CourtDrug AdministrationUnited States Bankruptcy CourtCommittee Of Talc ClaimantsHealth CanadaBankruptcy CourtThird CircuitTexas Two StepJohnson ConsumerBaby PowderWestern DistrictOfficial CommitteeTalc ClaimantsBankruptcy CodeNew Jersey Bankruptcy CourtParties ListedNondebtor Prohibition ActOhnson And JohnsonHapter 11Third Circuit