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  1. June 26, 2024

    Talc Co. Barretts' Creditors Push To Dismiss Ch. 11 Case

    Unsecured creditors of Barretts Minerals have urged a Texas bankruptcy judge to dismiss its bankruptcy following the debtor's sale of its talc business, arguing that Barretts remains in bankruptcy only to get its fully solvent parent company out of its talc liability.

  2. May 21, 2024

    Talc Biz Barretts Gets New $30M DIP Loan From Parent Co.

    Barretts Minerals, a company that mines talc, received a Texas bankruptcy court's approval Tuesday to tap $30 million in emergency debtor-in-possession financing from a subsidiary of its nondebtor parent company, after an asset sale generated less money than expected.

  3. March 14, 2024

    PE Firm Riverspan Agrees To Pay $32M For Barretts' Assets

    Barretts Minerals Inc. told a Texas bankruptcy court Thursday that a unit of private equity firm Riverspan Partners had won an auction for its assets with a $32 million cash offer, money that the talc-mining company intends to use to fund a settlement trust for alleged victims of asbestos exposure. 

  4. March 04, 2024

    Barretts' Mediation Docs Not Open To Pfizer, Judge Says

    A Texas bankruptcy judge declined Monday to open the mediation in Barretts Minerals Inc.'s bankruptcy case to former owner Pfizer Inc., saying that he didn't want mediation participants to worry about every conversation they have.

  5. January 05, 2024

    Barretts Minerals To Mediate Ch. 11 Talc Liability

    Bankrupt talc miner Barretts Minerals Inc. struck an agreement with its unsecured creditors and the representative for future talc injury claimants to mediate issues surrounding its liability and reach a global resolution of its ongoing Chapter 11 case.

  6. December 08, 2023

    Bankrupt Barretts Can't Block Talc Suits Against Testing Co.

    A Texas bankruptcy judge on Friday declined to apply an injunction temporarily protecting Barretts Minerals units from talc-related lawsuits to a parent company that tested the talc for asbestos, after voicing concerns about the debtor's potential efforts to improperly protect parent entities that aren't part of the bankruptcy case.

  7. December 01, 2023

    Judge Wants More Info Before Picking Barretts Mineral Venue

    A Texas bankruptcy judge Friday told counsel for Barretts he will need to hear more arguments before he can decide whether the talc miner's Chapter 11 case belongs in a Texas courtroom.

  8. November 28, 2023

    Barretts Minerals Wants To Keep Its Ch. 11 Case In Texas

    Barretts Minerals Inc. told a Texas bankruptcy judge that its case should remain in Texas rather than be transferred to Montana because it is more convenient for major witnesses and the company's ties to Texas are significant and legitimate.

  9. November 27, 2023

    Barretts Minerals Pressured To Move Ch. 11 Case To Montana

    The Texas bankruptcy case of Barretts Minerals Inc. should be moved to Montana because the company's ties to Texas are tenuous, the Future Claimants Representative for asbestos victims told the court Monday.

  10. October 03, 2023

    Talc Miner Barretts Can Tap DIP Funds As It Seeks Ch. 11 Sale

    A Texas bankruptcy judge on Tuesday granted talc mining company Barretts Minerals Inc. permission to tap into half of its $30 million debtor-in-possession financing and continue paying employees, taxes and suppliers as it seeks bids for an asset sale.