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LTL Management LLC

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Case Number:

3:21-bk-30589

Court:

New Jersey

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  1. September 26, 2023

    Judge OKs Fees For Talc Lawyers In J&J Unit's First Ch. 11

    A New Jersey bankruptcy judge has told counsel for talc tort claimants in the original Chapter 11 of Johnson & Johnson's talc spinoff they are due hundreds of thousands of dollars in fees and expenses, saying the payment was justified by the "extraordinary" circumstances of the case.

  2. April 06, 2023

    J&J Talc Plaintiffs Say Future Claims Rep Went Too Far

    Counsel for a group of talc injury claimants in the Chapter 11 of Johnson & Johnson's talc unit are asking a New Jersey bankruptcy judge to deny a fee request from the case's future claims representative, claiming she's done no necessary work since the end of January.

  3. April 04, 2023

    J&J Talc Unit Refiles For Ch. 11 With $8.9B Deal

    Johnson & Johnson's talc unit commenced a new Chapter 11 bankruptcy case Tuesday afternoon, just hours after an order dismissed its first restructuring attempt that leaned heavily on the so-called Texas Two-Step corporate maneuver, this time coming to court with an $8.9 billion settlement with a group of talc injury claimants whose litigation led to its original insolvency case.

  4. March 07, 2023

    Talc Claimants Rip J&J Unit's Bid For Full 3rd Circ. Rehearing

    Talc claimants slammed a Johnson & Johnson subsidiary's request that the full Third Circuit review a panel decision to throw out its Chapter 11 case, arguing that the panel was right to reject the "immensely wealthy" company's bankruptcy case.

  5. February 14, 2023

    J&J Talc Unit Seeks 3rd Circ. Rehearing On Ch. 11 Dismissal

    Johnson & Johnson's bankrupt talc unit has asked the Third Circuit to reconsider the dismissal of its Chapter 11 case, saying the ruling was inconsistent with precedent, while also telling a New Jersey bankruptcy judge Tuesday that it is preparing to return to the tort system if its efforts fail.

  6. December 20, 2022

    J&J Expert Says Talc Claims Process To Move Swiftly

    An expert appointed in the Chapter 11 case of the bankrupt talc unit of Johnson & Johnson reported to a New Jersey judge Tuesday that he hoped a claims estimation process would be completed in the first quarter of 2023.

  7. October 07, 2022

    BakerHostetler Accused Of Fraud, Jones Asks For New Hire

    Alliance Health's liquidating trustee alleges a law firm helped a $100 million fraud scheme, the Alex Jones-controlled Free Speech Systems needs a new leader, and satellite operator Intelsat SA escapes from a $400 million contract dispute. This is the week in bankruptcy.

  8. October 05, 2022

    J&J Unit Wins Halt To NM, Miss. Talc Suits

    The New Jersey judge overseeing the bankruptcy of Johnson & Johnson's talc unit ruled Tuesday that the company's Chapter 11 stay should also pause talc claims brought by state governments against the nonbankrupt Johnson & Johnson.

  9. July 28, 2022

    3M Earplug Suits Lead To Ch. 11, Talc Claims To Be Estimated

    Military veteran claims pushed earplug maker and 3M unit Aearo into bankruptcy, a New Jersey judge ordered an estimation process for talc claims in the Chapter 11 of Johnson & Johnson's talc unit and the founders of bankrupt cryptocurrency hedge fund Three Arrows Capital are not responding to subpoenas. This is the week in bankruptcy.

  10. July 28, 2022

    Judge Orders Claim Estimation For J&J Talc Unit's Ch. 11

    A New Jersey bankruptcy judge ordered an abbreviated estimation process Thursday to establish the aggregate value of the thousands of talc injury claims in the Chapter 11 case of a bankrupt Johnson & Johnson unit.