Imerys Talc America, Inc., et al.

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Case Number:

1:19-bk-10289

Court:

Delaware

Nature of Suit:

Firms

Companies

Government Agencies

Sectors & Industries:

January 07, 2025
J&J, Talc Suppliers, Insurers Spar Over $505M Sale Stay

The former talc suppliers of Johnson & Johnson said Tuesday that staying part of a settlement and a connected bankruptcy sale could bog down their efforts to secure plan confirmations and exit Chapter 11, urging a Delaware bankruptcy judge to reject a motion to set aside $50 million from the $505 million deal while it is being appealed.
November 04, 2024
Judge Says She'll Likely Send Talc Ch. 11 Plan Out For Vote

A Delaware bankruptcy judge said Monday she will likely give a pair of talc producers permission to send their Chapter 11 plans out for a creditor vote, saying she was satisfied with the changes made since last week.
October 29, 2024
Talc Miners Say They've Worked Out Kinks In Ch. 11 Plans

A pair of talc producers on Tuesday presented a Delaware bankruptcy judge with a revised Chapter 11 plan and disclosure statement they say will hopefully answer the concerns and objections raised by the judge, talc injury claimants and insurance carriers.
October 28, 2024
Judge Hopes To Avoid Vote Issue Repeat In Talc Ch. 11 Plan

A Delaware bankruptcy judge on Monday told a pair of talc producers that the proposed creditor voting procedures on their joint Chapter 11 plans will need some work to avoid a repeat of the voting problems that derailed a previous attempt to settle asbestos injury claims.
October 18, 2024
Under The Radar: Bankruptcy News You May Have Missed

Johnson & Johnson, Imerys Talc, Cyprus Mines, Takeoff Technologies and SunPower Corp. all fielded objections to their Chapter 11 bankruptcies, from their creditors' committees or the Office of the U.S. Trustee or both, with the U.S. Trustee largely raising concerns about overbroad releases.
October 15, 2024
J&J Stays In Texas, True Value Files, Bally Sports Docs OK'd

The latest bankruptcy case of a Johnson & Johnson talc unit survived a motion to transfer the proceedings to New Jersey, decades-old hardware store chain True Value commenced a Chapter 11 case and the update plan disclosure statement for the parent of Bally Sports regional sports networks were approved by a Texas judge. This is the week in bankruptcy.
October 11, 2024
Under The Radar: Bankruptcy News You May Have Missed

A group of secured lenders to food giant Del Monte have asked Delaware's Chancery Court to find a liability management transaction was an event of default for an original loan, insurers are hoping two seasoned mediators will be able to iron out a long-running dispute with a bankrupt New York diocese, and lawyers for cancer patients say a bankrupt talc miner's Chapter 11 plan would result in uneven recoveries for personal injury claimants.
October 08, 2024
J&J Wins OK For $505M Deal With Bankrupt Talc Miners

A Delaware bankruptcy judge approved a $505 million settlement between a pair of talc producers and Johnson & Johnson after overruling an objection by a group of insurers to the deal, which would resolve several ongoing disputes with J&J over talc injury claims.
September 25, 2024
Mining Cos. Say $505M J&J Deal Would Benefit Talc Claimants

A pair of talc producers defended their proposed $505 million liability settlement with Johnson & Johnson at a hearing in Delaware bankruptcy court Wednesday, arguing that an objection from a group of insurers shouldn't derail an agreement that they believe would benefit claimants who alleged they were exposed to asbestos-contaminated talc.
August 15, 2024
Talc Miners Defend $505M J&J Deal From Insurer Objections

Two bankrupt former talc suppliers defended their proposed $505 million liability deal with Johnson & Johnson on Thursday before a Delaware bankruptcy judge who authorized discovery into the settlement by objecting insurers.

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