By Amanda Bronstad | April 25, 2023
In a Monday motion, a talc claimants committee said Johnson & Johnson's LTL Management manufactured financial distress when it filed for Chapter 11 bankruptcy this month.
The American Lawyer | Analysis
By Dan Roe | April 25, 2023
As bankruptcy filings tick up, a small group of law firms are winning most of the major debtor-side work.
By Corinne Ball | April 25, 2023
Fifth Circuit lauds bankruptcy courts, pointing to the importance of finality for bankruptcy sale orders and the damaging impact of COVID-19 on the debtor's business, to affirm good faith purchaser status of an affiliated purchaser.
National Law Journal | Editor's Letter
By Christine Schiffner | April 24, 2023
The National Law Journal's Bureau Chief Christine Schiffner shares highlights of the NLJ's May/June magazine issue, including the fall Silicon Valley Bank and Signature Bank, as well as if there will be a bailout PFAS defendants.
By Michael L. Cook | April 24, 2023
The decision by the Supreme Court has practical significance for corporate officers and others in an agency or partnership relationship, and also may have serious consequences for corporate Chapter 11 debtors whenever a "domestic governmental unit" is a creditor.
By Amanda Bronstad | April 20, 2023
U.S. Bankruptcy Chief Judge Michael Kaplan on Thursday limited his preliminary injunction order to 60 days and allowed discovery to move ahead in pending talc cases against Johnson & Johnson.
By Amanda Bronstad | April 20, 2023
U.S. Bankruptcy Chief Judge Michael Kaplan on Thursday limited his preliminary injunction order to 60 days and allowed discovery to move ahead in pending talc cases against Johnson & Johnson.
By Amanda Bronstad | April 19, 2023
A hearing set to last at least two days began Wednesday in Indianapolis to determine whether a bankruptcy judge should dismiss the Chapter 11 case of 3M subsidiary Aearo Technologies, designed to resolve 235,000 lawsuits over combat earplugs.
National Law Journal | Conversation
By Christine Schiffner | April 19, 2023
As bankruptcy and the Texas Two-Step are being used as litigation strategy in MDLs, court watchers are wondering how viable this avenue will be in the long run. One judge is hearing arguments on it April 19.
By Amanda Bronstad | April 18, 2023
On Tuesday, U.S. Bankruptcy Chief Judge Michael Kaplan heard more than eight hours of arguments on whether the automatic stay in this month's talcum powder bankruptcy filing should halt trials against Johnson & Johnson.
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