Imerys Ch. 11 Tort Group Delays J&J Talc Claim Spinoff Fight

By Jeff Montgomery (July 29, 2021, 11:18 PM EDT) -- Attorneys for alleged talc injury victims on Thursday agreed to postpone an immediate fight over a temporary restraining order barring Johnson & Johnson from spinning off talc liabilities into a bankruptcy-eligible new company, after a Delaware judge questioned the urgency.

U.S. Bankruptcy Judge Laurie Selber Silverstein said she would hear arguments on a preliminary injunction motion and restraining order on Aug. 24, following a brief virtual argument over the scope of a J&J agreement to maintain the "status quo" on the issue pending a court ruling on the injunction.

Stuart R. Lombardi of Willkie Farr & Gallagher LLP, counsel to the...

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