By Amanda Bronstad | December 21, 2021
Lawyers for talc claimants have moved to dismiss the Chapter 11 case, filed by LTL Management, a newly created subsidiary of Johnson & Johnson, to resolve more than 38,000 lawsuits alleging that its talcum powder products cause ovarian cancer or mesothelioma.
The Legal Intelligencer | Commentary
By Francis J. Lawall and Patrick M. Ryan | December 16, 2021
As one recent case out of the Southern District of New York demonstrates, Chapter 15 carries the potential to significantly impact not only the main foreign bankruptcy, but civil litigation in the United States as well.
The Legal Intelligencer | Commentary
By Rudolph J. Di Massa Jr. and Elisa Hyder | November 11, 2021
In Burton v. Maney (In re Burton), 610 B.R. 633 (B.A.P. 9th Cir. 2020), the Bankruptcy Appellate Panel of the U.S. Court of Appeals for the Ninth Circuit…
By P.J. D'Annunzio | November 10, 2021
Attorneys general from 41 states, along with Puerto Rico and Guam, have issued a statement in support of legislation before Congress geared toward stopping corporations from venue-shopping bankruptcy cases.
The Legal Intelligencer | News
By Aleeza Furman | November 2, 2021
The cases—in which women say they were sold for sexual purposes as teenagers, and seek to have hotels held liable—have been returned to the Philadelphia Court of Common Pleas.
The Legal Intelligencer | Commentary
By Francis J. Lawall and Marcy J. McLaughlin Smith | October 28, 2021
Nowhere else is the old saying "you can't escape death and taxes" better exemplified than in Chapter 11. Under the Bankruptcy Code, debtors are subject to stringent reporting and fee requirements imposed by the Department of Justice and the Office of the U.S. Trustee.
By Amanda Bronstad | October 15, 2021
Thursday's filing in U.S. Bankruptcy Court in North Carolina's Western District lists the top 30 plaintiffs firms with talc claims against Johnson & Johnson. Some called the filing a "fraudulent abuse of the bankruptcy system" and "corporate fraud."
The Legal Intelligencer | Commentary
By Andrew C. Kassner and Joseph N. Argentina Jr. | October 14, 2021
U.S. Bankruptcy Court Judge John T. Dorsey for the District of Delaware ruled that a supplier's receipt of payment under a critical vendor order does not bar the debtor or trustee from pursuing a preference claim to recover amounts paid prepetition to the vendor.
The Legal Intelligencer | Commentary
By Rudolph J. Di Massa Jr. and Drew S. McGehrin | October 7, 2021
The Bankruptcy Code confers upon debtors or trustees, as the case may be, the power to avoid certain preferential or fraudulent transfers made to creditors within prescribed guidelines and limitations.
The Legal Intelligencer | Commentary
By Francis J. Lawall and Marcy J. McLaughlin Smith | September 10, 2021
A recent case of first impression from the U.S. Court of Appeals for the Third Circuit provides guidance on this important decision for those claims that arise during the period between plan confirmation and the plan's effective date.
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