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Bankruptcy Litigation

Online Extra: In 'Landmark' Win for Talc Plaintiffs, Third Circuit Dismisses Johnson & Johnson Unit's Bankruptcy

On Jan. 30, the U.S. Court of Appeals for the Third Circuit reversed a bankruptcy judge's decision, concluding that Johnson & Johnson subsidiary LTL Management was not in financial distress at the time it filed its Chapter 11 case in 2021.


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[Editor's Note: This story hit just as we were posting the February issue. Here is's story. We'll follow up with analysis and more in next month's issue.]

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