Mealey's Asbestos Bankruptcy : Mealey's : Legal News & Analysis

Mealey's Asbestos Bankruptcy

April 28, 2023
Ex-Talc Supplier Whittaker, Clark & Daniels Files For Bankruptcy Protection

TRENTON, N.J. — Former leading talc supplier and frequent asbestos lawsuit defendant Whittaker, Clark & Daniels Inc. (WCD) has filed for Chapter 11 protection in New Jersey federal bankruptcy court, with a company official saying in an April 27 declaration that in recent years the company has been “engulfed” in litigation and is currently spending $1 million a month on defense costs.
April 27, 2023
Bankruptcy Judge Issues Injunction For Asbestos Claims Against J&J, Chapter 11 Unit

TRENTON, N.J. — A New Jersey federal bankruptcy judge enjoined most asbestos personal injury cases against Johnson & Johnson (J&J), its Chapter 11 debtor spinoff LTL Management LLC and others due to the debtor’s second bankruptcy filing, but only temporarily.
April 27, 2023
Claimants’ Group Again Moves To Dismiss Chapter 11 Case Of Georgia-Pacific Debtor

CHARLOTTE, N.C. — The asbestos claimants’ committee in the Chapter 11 case of Georgia-Pacific spinoff Bestwall LLC is making a third attempt at having the case tossed, saying in its most recent motion to dismiss that a North Carolina federal bankruptcy court lacks jurisdiction because Bestwall’s lack of financial distress when filing for Chapter 11 amounts to a violation of the bankruptcy provisions in the U.S. Constitution.
April 26, 2023
Asbestos Reps Drop Adversary Suit Filed To Undo CertainTeed Restructuring

CHARLOTTE, N.C. — Asbestos claimants’ representatives in the Chapter 11 case of CertainTeed Corp. debtor DBMP LLC have agreed to dismiss an adversary action they filed in North Carolina federal bankruptcy court seeking to undo the corporate restructuring that created the debtor company and left it holding all of CertainTeed’s asbestos liabilities and have a receiver appointed to oversee the company.
April 25, 2023
Mandatory Mediation Approved For Chapter 11 Case Of CertainTeed Debtor DBMP

CHARLOTTE, N.C. — CertainTeed Corp. debtor DBMP LLC and asbestos claimants who have repeatedly challenged the corporate restructuring that led to the Chapter 11 case were ordered by a North Carolina federal bankruptcy judge to attend mandatory mediation to negotiate a “comprehensive resolution of current and future asbestos claims against the Debtor” through a consensual plan of reorganization.
April 24, 2023
With Trial Pending, Judge Once Again Stays 24-Year-Old’s Asbestos-Talc Case

LOS ANGELES — A 24-year-old mesothelioma sufferer originally allowed to proceed on his asbestos-talc claims by the LTL Management LLC bankruptcy judge once again finds himself blocked from trial after the company filed a second bankruptcy petition.
April 24, 2023
Jury Returns Verdict For Defense In Mechanic’s Crane Brake Asbestos Case

SEATTLE — A Washington state jury returned a defense verdict for a crane company, finding no liability for a deceased mechanic’s alleged exposure to asbestos-containing brakes.
April 18, 2023
Mediation Continues In Imerys Talc, Cyprus Mines Asbestos Talc Bankruptcies

WILMINGTON, Del. — Talc mining company Cyprus Mines Corp. and affiliate talc supplier Imerys Talc America Inc. were granted more time by a Delaware federal bankruptcy judge to negotiate a global resolution to their Chapter 11 bankruptcy cases with asbestos personal injury claimants.
April 18, 2023
Woman, Union Carbide Dismiss Appeal Of $14M Florida Asbestos Verdict

MIAMI — A woman awarded $14 million for her son’s fatal mesothelioma and asbestos joint compound fiber supplier Union Carbide Corp. filed a stipulated notice dismissing the company’s appeal involving expert testimony and product identification, which came after the third verdict in the case and two previous appeals, according to the docket.
April 18, 2023
South Carolina Court Affirms Asbestos Verdict, Expert Admissions, Sanction

ANDERSON, S.C. — Medical causation experts’ cumulative dose testimony “easily meets the legal standard for reliability,” a South Carolina appeals court said in affirming a $5,125,000 verdict while saying it worried that lifting sanctions against Fisher Controls International LLC would sanction the asbestos defendant’s evasive discovery maneuvers.
April 18, 2023
Couple Tells S.C. High Court Evidence Supported Additur Of Asbestos Verdict

COLUMBIA, S.C. — Instead of joyfully spending her remaining years with her husband of 51 years, a wife will have to care for an increasingly sick husband who will eventually die a painful death from mesothelioma, evidence that supports a trial judge’s new trial nisi additur, the couple tells the South Carolina Supreme Court. But in reply, the appellants tell the court that the couple never really grapples with the important issues on appeal and that the jury already heard the very evidence the couple cites and its verdict should not be disturbed.
April 17, 2023
Meso Claimants Seek Dismissal Of Ingersoll-Rand, Trane Units’ Asbestos Bankruptcy

CHARLOTTE, N.C. — Because Ingersoll-Rand and Trane spinoff Chapter 11 debtors Aldrich Pump LLC and Murray Boiler LLC “are not and have never been financially distressed by asbestos liabilities,” their case was filed in bad faith without a bankruptcy purpose and should be dismissed, mesothelioma sufferers say in a motion filed in North Carolina federal bankruptcy court.
April 13, 2023
Judge: Reconsideration Not Vehicle To Challenge Agency Asbestos Testimony Ruling

MISSOULA, Mont. — The correct way to challenge an order compelling testimony from government agencies is by moving to quash the subpoenas and not in a motion for reconsideration of the ruling ordering the testimony, a federal judge in Montana said in a False Claims Act (FCA) case involving asbestos-related Medicare claims filed under a special Patient Protection and Affordable Care Act (ACA) program.
April 13, 2023
Stay Relief Denied In Chapter 11 Case Of Ingersoll-Rand, Trane Debtors

CHARLOTTE, N.C. — A North Carolina federal bankruptcy judge denied a request by a man who suffers from testicular mesothelioma for relief from the automatic stay in the Chapter 11 case of Ingersoll-Rand affiliates Aldrich Pump LLC and Murray Boiler LLC to add Murray as a defendant in a state court asbestos suit.
April 13, 2023
California Court Rejects Petitions Challenging Expert’s Talc-Mesothelioma Opinions

SACRAMENTO, Calif. — The California Supreme Court on April 12 denied two petitions from asbestos-talc defendants seeking review of the admission of expert testimony regarding fibrous talc as a cause of mesothelioma, an opinion one of the parties called “preposterous.”
April 12, 2023
4th Circuit Affirms Vanderbilt’s Win In Ceramic Studio Asbestos Case

RALEIGH, N.C. — A judge properly granted a talc supplier summary judgment on a mother’s wrongful death claims because while the evidence allows for the conclusion that her daughter suffered exposure to asbestos at a college ceramics studio, evidence of class attendance does not establish a sufficient length of exposure, a Fourth Circuit U.S. Court of Appeals panel said April 11 in an unpublished per curiam opinion.
April 12, 2023
Asbestos-Talc Claimants Group Says 2nd Bankruptcy Of J&J Unit Should Be Tossed

TRENTON, N.J. — A New Jersey federal bankruptcy court should take no actions in the second Chapter 11 case of Johnson & Johnson (J&J) subsidiary LTL Management LLC — other than sua sponte dismissal — until it names an official committee of asbestos-talc claimants, an ad hoc claimants’ committee says in an informational brief.
April 12, 2023
Hess, Chapter 11 Unit HONX Working With FCR On Reorganization Plan

HOUSTON — Hess Corp., its Chapter 11 debtor affiliate HONX Inc. and asbestos claimants have agreed to extend the time to file a consensual plan of reorganization for HONX so they can continue to negotiate with the future claimants’ representative (FCR) to “reach agreement on a fair and equitable treatment” of people who later develop asbestos diseases, according to a status update filed by the debtor in Texas federal bankruptcy court.
April 07, 2023
Ohio Court Reverses Sanctions, Says Asbestos Firm’s Suits Were Not Frivolous

CLEVELAND — An Illinois court’s ruling on a company’s successor status does not bind Ohio courts, and an asbestos law firm’s repeated naming and dismissal of the company was not frivolous or unreasonable, evidenced by the fact that other attorneys filed similar suits, an Ohio court said April 6 in reversing an award of sanctions against the firm.
April 06, 2023
Missouri Judge Denies Motions Challenging $6M Asbestos Verdict

ST. LOUIS — A judge in Missouri denied Ford Motor Co.’s post-trial motions seeking to upend a jury’s $6 million award for a woman’s fatal mesothelioma.
April 05, 2023
J&J Vows $8.9B For Asbestos Claimants In Spinoff’s New Chapter 11 Filing

TRENTON, N.J. — Johnson & Johnson (J&J) subsidiary LTL Management LLC filed a new Chapter 11 petition April 4 in New Jersey federal bankruptcy court after the dismissal of its first case for being filed in bad faith, saying it has reached an agreement with more than 60,000 asbestos-talc claimants on a bankruptcy plan that includes an $8.9 billion trust to pay their claims.
April 03, 2023
Judge Dismisses Garrett Motion Securities Class Without Leave To Amend

NEW YORK — Evidence that a company saddled with Bendix-associated asbestos debts and its directors investigated bankruptcy as one possible way forward and that at least one director’s compensation was tied to company success does do not meet the scienter requirement and does not make positive statements about corporate flexibility false, a federal judge in New York said March 31 in dismissing a third amended complaint without leave to amend.
March 30, 2023
Plaintiffs Reiterate Need For Receiver Overseeing Whittaker Clark Assets

COLUMBIA, S.C. — Plaintiffs awarded in excess of $29 million in an asbestos-talc case told a South Carolina judge that Whittaker Clark & Daniels Inc.’s (WCD) motion seeking reconsideration of the court’s appointment of a receiver over it ignores state law and legal precedent, as well as the reality that the more than 800 lawsuits it faces outstrip its dwindling assets.
March 24, 2023
Parties To Libby, Mont., Asbestos Case Call Government Testimony Critical

MISSOULA, Mont. — Agents of the United States are the only ones capable of answering questions critical to a False Claims Act (FCA) case involving asbestos-related Medicare claims created under the Patient Protection and Affordable Care Act (ACA), parties to the suit told a federal judge in Montana, urging him to affirm a decision that the government must produce witnesses and to ignore a motion for reconsideration.
March 23, 2023
J&J Debtor Appealing Dismissal Of Bankruptcy Case To Supreme Court

PHILADELPHIA — Johnson & Johnson (J&J) spinoff LTL Management LLC said March 22 that it will petition the U.S. Supreme Court to overturn the Third Circuit U.S. Court of Appeals’ dismissal of its Chapter 11 case after the circuit court that day denied the debtor’s request for rehearing or rehearing en banc.