July 26, 2022
Attorneys for Johnson & Johnson's bankrupt talc unit and the committee representing talc claimants presented arguments Tuesday in New Jersey court in support of their competing visions for the Chapter 11 case and how to best determine the amount of liability the debtor has related to talc injuries.
July 25, 2022
Johnson & Johnson's talc unit and a committee of talc tort claimants continued to clash over whether tort claims estimation would speed up or slow down LTL Management's Chapter 11 case, as a New Jersey bankruptcy judge prepares to hear arguments on the issue Tuesday.
July 15, 2022
Johnson & Johnson's talc unit is asking a New Jersey bankruptcy court to halt newly resumed suits by Mississippi and New Mexico over its talc sales, saying they will endanger its efforts to settle its talc liability in Chapter 11.
July 07, 2022
The global collapse of cryptocurrency prices tipped two firms into bankruptcy, a New York youth club is seeking a quick mediation of sex abuse claims, and a pilot strike caused a Scandinavian airline to file for Chapter 11 earlier than expected. This is the week in bankruptcy.
July 06, 2022
The New Jersey bankruptcy judge presiding over the Chapter 11 case of Johnson & Johnson's talc unit urged the debtor, its insurers and the committee representing thousands of talc injury claimants to continue meaningful engagement in mediation ahead of a critical hearing set for later this month.
June 14, 2022
The bankrupt talc unit of Johnson & Johnson told a New Jersey bankruptcy judge Tuesday that it wants to move forward with a claims estimation process it hopes will result in a confirmable Chapter 11 plan within the next year.
June 01, 2022
The bankrupt Diocese of Camden received approval for its Chapter 11 plan disclosures with warnings from the court, Sidley Austin was found not to be conflicted when it represented the Boy Scouts of America, and Arizona law doomed a $16 million lien claim asserted by the Dutch government in the MD Helicopters bankruptcy. This is the week in bankruptcy.
June 01, 2022
The examiner appointed to keep watch over the fee and expense applications filed in the Chapter 11 case of Johnson & Johnson's talc unit told a New Jersey bankruptcy judge that he was able to achieve $952,000 in reductions from the 17 firms retained in the proceedings, and would support approval of their applications with those cuts.
May 24, 2022
A New Jersey bankruptcy judge approved the retention of several advisory firms to work on behalf of the claimant committee in the Chapter 11 case of Johnson & Johnson's bankrupt talc unit Tuesday, saying a court-appointed fee examiner would determine if their work was necessary or duplicative.
May 11, 2022
Claimants of Johnson & Johnson's bankruptcy talc unit received approval Wednesday from the Third Circuit Court of Appeals to skip an intervening appellate level and bring their appeal of a bankruptcy court order denying their motions to dismiss the debtor's Chapter 11 case directly to the circuit court.