J&J's Bankrupt Unit Says Ch. 11 Stay Extends To Parent Co.

By Vince Sullivan (October 18, 2021, 9:20 PM EDT) -- LTL Management LLC told a North Carolina bankruptcy judge on Monday that the automatic stay of litigation granted to Chapter 11 debtors should extend to its parent company, Johnson & Johnson, and that the thousands of talc personal injury lawsuits pending against the health care giant should be paused....

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