Now that the United States Supreme Court has agreed to expeditiously hear the U.S. Trustee’s appeal of the plan confirmation and settlement in Purdue Pharma, lawyers following the LTL Management LLC bankruptcy case, version...more
8/16/2023
/ Appeals ,
Asbestos ,
Bankruptcy Plans ,
Business Assets ,
Chapter 11 ,
Commercial Bankruptcy ,
Corporate Liability ,
Johnson & Johnson ,
Mass Tort Litigation ,
Opioid ,
Personal Liability ,
Popular ,
Purdue Pharma ,
Release of Claims ,
Subsidiaries ,
Trustees
Here we go again. Precisely one hour and thirty-nine minutes after the dismissal of the bankruptcy filing of LTL, Johnson & Johnson’s artificially created talc-liability subsidiary, the company was right back at it again with...more
4/13/2023
/ Bankruptcy Code ,
Bankruptcy Court ,
Chapter 11 ,
Commercial Bankruptcy ,
Financial Distress ,
Fraudulent Transfers ,
Good Faith ,
Holding Companies ,
Johnson & Johnson ,
Settlement ,
Subject Matter Jurisdiction ,
Subsidiaries
A subcommittee of the Senate Judiciary Committee heard from bankruptcy experts and those affected directly by mass tort Chapter 11 cases about their concerns over the corporate machinations that allow some large corporations...more