LTL Management LLC

  1. June 30, 2023

    Talc Claimants Call J&J Unit's 2nd Ch. 11 A Tort Dodge

    A New Jersey bankruptcy judge was told Friday a Johnson & Johnson talc unit's second try at Chapter 11 was either a bad faith attempt to dodge liability or the only chance most talc injury claimants have of seeing any money as a trial on the merits of the bankruptcy filing wound down.

  2. June 27, 2023

    J&J Talc Unit Dismissal Trial Focuses On Funding Agreements

    Executives of Johnson & Johnson's bankrupt talc unit fielded questions Tuesday during the opening day of a trial on motions to dismiss the company's Chapter 11 case, comparing the financial support provided by the parent company in its first try at bankruptcy and its new case.

  3. June 22, 2023

    J&J Talc Unit's Ch. 11 Suit Injunction Extended To August

    An injunction barring talc trials against Johnson & Johnson and dozens of affiliates will run through Aug. 22 after the New Jersey judge overseeing the bankruptcy case of its talc unit stretched the term of the injunction for two months as motions to dismiss the Chapter 11 case move toward trial.

  4. June 13, 2023

    Ch. 11 Dismissal Trial A Gating Issue In J&J Talc Unit Case

    A New Jersey bankruptcy judge on Tuesday deferred making a handful of critical rulings in the Chapter 11 case of Johnson & Johnson's bankrupt talc unit, saying an upcoming trial over multiple motions to dismiss the proceedings serves a gating issue for the proceedings.

  5. June 06, 2023

    Talc Claimants Object To Fee Deal For J&J Plan Supporters

    The official committee of talc claimants in the Chapter 11 case of LTL Management asked a New Jersey bankruptcy judge Tuesday to deny LTL's request to pay the professional expenses of a claimant group that supports its proposed settlement, saying the deal is unnecessary.

  6. June 01, 2023

    J&J Tells Jury 1970s Talc Findings Irrelevant Now

    A lawyer for Johnson & Johnson insisted Thursday that 1970s research identifying asbestos in talc isn't currently credible as opening arguments continued in a trial brought by a 24-year-old with terminal mesothelioma.

  7. May 31, 2023

    J&J Defends Talc Powder As 1st Post-Spinoff Trial Begins

    Johnson & Johnson on Wednesday began its first talc trial since the spinoff and bankruptcy of its talc business, defending against a terminal mesothelioma patient's claims that the company has sought to minimize or ignore data indicating asbestos contamination.

  8. May 30, 2023

    J&J Says New Ch. 11 Would Be Largest Settlement In History

    The bankrupt talc unit of Johnson & Johnson defended its second Chapter 11 filing against challenges from talc injury claimants, saying in an objection to motions to dismiss the case that it would provide $8.9 billion to those claimants in the largest settlement in a mass tort bankruptcy case in history.

  9. May 16, 2023

    J&J's $8.9B Talc Deal Includes $400M To 6 States

    Johnson & Johnson's talc unit has told a New Jersey bankruptcy court that it earmarked $400 million to end states' claims that it deceptively marketed its talc products as part of a proposed $8.9 billion settlement over allegations that the products cause cancer.

  10. May 16, 2023

    J&J Talc Unit Can Pursue Ch. 11 Plan During Dismissal Fight

    The talc unit of Johnson & Johnson can pursue approval of its Chapter 11 plan, including an $8.9 billion settlement of tens of thousands of talc claims, at the same time it is defending against multiple motions to dismiss its restructuring case, a New Jersey bankruptcy judge ruled Tuesday.