Red River Talc LLC

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Case overview

Case Number:

4:24-bk-90505

Court:

Texas Southern

Nature of Suit:

Firms

Companies

Sectors & Industries:

  1. November 12, 2024

    Future Claims Rep OK'd In J&J Unit Red River's Ch. 11

    A Texas bankruptcy judge Tuesday appointed a future claims representative for the Chapter 11 case of Johnson & Johnson's talc unit that had served in that capacity in the parent company's two prior attempts to deal with its asbestos liability in bankruptcy.

  2. November 12, 2024

    3rd Circ. Weighs Boy Scouts Ch. 11, Calif. AG Balks At Fee Bid

    The Third Circuit heard arguments on Boy Scouts of America's Chapter 11 plan from sexual abuse survivors as well as insurers, California's attorney general disputed Sullivan & Cromwell's fee requests in Kidde-Fenwal Inc.'s bankruptcy, and the U.S. trustee is seeking documents from Jackson Walker LLP regarding a former attorney's secret relationship with a bankruptcy judge. This is the week in bankruptcy.

  3. November 08, 2024

    J&J Talc Unit Must Revise Ch. 11 Plan, Insurers Say

    A group of Johnson & Johnson insurance carriers urged a Texas judge to reject the Chapter 11 plan disclosure statement for the company's Red River Talc unit as unconfirmable, saying J&J "made it clear that it intends to saddle its insurers with responsibility to pay" for the bankruptcy-related claims.

  4. November 04, 2024

    Purdue Buys Time For Creditor Deal, Eletson Plan Confirmed

    Facing a litigation stay deadline after the U.S. Supreme Court overturned its Chapter 11 plan, OxyContin maker Purdue Pharma was given a new one-month extension of the stay so that its creditors and the Sacklers can continue mediating to settle claims.

  5. October 30, 2024

    J&J Talc Unit's Ch. 11 Headed For January Confirmation

    A Texas bankruptcy judge approved a case management order Wednesday that puts the Chapter 11 proceedings of Johnson & Johnson's talc unit on track for January hearings over a prepackaged plan that will address thousands of ovarian cancer claims tied to the company's products.

  6. October 25, 2024

    Under The Radar: Bankruptcy News You May Have Missed

    Brazilian airline GOL Linhas wants five more months to file a Chapter 11 plan, the U.S. trustee in Texas is champing at the bit to obtain documents from Jackson Walker LLP in connection with an investigation into ex-Judge David R. Jones, and talc claimants want another shot at moving the bankruptcy of a Johnson & Johnson unit out of Texas, the home of the divisional merger.

  7. October 21, 2024

    US Trustee Seeks Dismissal Of J&J's Latest Ch. 11 Case

    The U.S. Trustee's Office on Monday sought a third strike against Johnson & Johnson's attempts to deal with its talc injury liability by sending a spin-off into Chapter 11, saying its current Texas filing should be dismissed for the same reasons its prior New Jersey filings were.

  8. 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.

  9. 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.

  10. October 10, 2024

    J&J's Latest Ch. 11 Case To Stay In Texas After Challenge

    Johnson & Johnson's most-recent attempt to handle its legacy talc liability through bankruptcy will remain in the Lone Star State after a Texas judge ruled Thursday that he is able to handle the proceedings fairly and efficiently and wants to get the case rolling as quickly as possible, denying multiple motions to send the case to New Jersey where two previous bankruptcies have been administered.