Imerys Talc America, Inc., et al.

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Case overview

Case Number:

1:19-bk-10289

Court:

Delaware

Nature of Suit:

Firms

Companies

Government Agencies

Sectors & Industries:

August 24, 2021
Imerys Gets OK For $6.2M Ch. 11 Property Acquisitions

Bankrupt talc miner Imerys Talc America received approval Tuesday from a Delaware federal bankruptcy judge to spend $6.2 million of proceeds from a sale of its assets to purchase two pieces of real estate that have potentially lucrative lease terms with their tenants.
July 29, 2021
Imerys Ch. 11 Tort Group Delays J&J Talc Claim Spinoff Fight

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.
July 28, 2021
Imerys Seeks Talc Indemnification From Johnson & Johnson

Talc miner Imerys Talc America is asking a Delaware bankruptcy court to rule that former customer Johnson & Johnson owes it indemnification for tens of thousands of talc injury claims and to deny J&J's claim that the obligation runs the other way.
June 22, 2021
Imerys Talc Says New Ch. 11 Acquisition Plan Lowers Risk

Bankrupt talc miner Imerys Talc America told a Delaware judge Tuesday that it has made changes to its proposal to acquire operating businesses in its Chapter 11 case that will minimize its risk exposure and help maximize the returns on its potential investments.
June 15, 2021
Watchdog Questions Imerys Talc's Ch. 11 Asset Buy Plans

The Office of the United States Trustee has objected to a proposal from bankrupt talc miner Imerys Talc America to acquire small businesses in its Chapter 11 to serve as investment vehicles for its funds, saying the debtor must show the investments are a proper use of estate resources.
May 17, 2021
Imerys Seeks Permission To Pursue Ch. 11 Acquisitions

Talc supplier Imerys Talc America asked a Delaware bankruptcy judge for permission to enact its plans to buy up small operating businesses to help generate revenue for its claimants, including authorization to move quickly in putting down cash deposits without further court approval.
March 03, 2021
J&J Blasts 'Tainted Process' In Imerys Ch. 11 Case

Johnson & Johnson has told a Delaware bankruptcy court that talc supplier Imerys Talc America is engaging in unfair Chapter 11 maneuvers aimed at shielding its parent company from liability for talcum powder cancer claims and saddling the pharmaceutical giant with the bill.
January 25, 2021
Imerys Gets Nod On Updated Ch. 11 Plan Disclosures

A Delaware bankruptcy judge agreed to approve Imerys Talc America's Chapter 11 plan disclosure statement on Monday after the company agreed to update the document with more information about mesothelioma and ovarian cancer settlements provided by Johnson & Johnson.
January 22, 2021
Imerys Seeks Injunction To Stop Cyprus Talc Claims

Imerys Talc America is asking a Delaware bankruptcy judge for an injunction to halt the prosecution of more than 950 talc claims filed against Cyprus Mines Corp. as part of its $130 million settlement with its former parent company.
January 15, 2021
Imerys To Add Details Of $130M Talc Settlement In Ch. 11 Docs

Bankrupt talc producer Imerys Talc America agreed Friday to make changes to its Chapter 11 plan documents, telling a Delaware judge that it would add information about a $130 million settlement with former owner Cyprus Mines Corp. over legacy asbestos liabilities.

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