On January 30, 2023, U.S. Court of Appeals for the Third Circuit issued opinion In re LTL Management in which Judge Thomas L. Ambro reversed prior ruling of U.S. Bankruptcy Court for the District of New Jersey and dismissed Johnson & Johnson affiliate LTL chapter 11 petition
On January 30, 2023, the Third Circuit issued a unanimous opinion in the mass tort bankruptcy case dismissing Johnson and Johnson subsidiary LTL Management's chapter 11 case pending in the Bankruptcy Court for the District of New Jersey as not being filed in good faith.
On January 30, 2023, the Third Circuit dismissed Johnson & Johnson (J&J)’s subsidiary LTL’s Chapter 11 bankruptcy petition because the facts did not support the financial distress.
RapidEye/Getty Images(NEW YORK) Johnson & Johnson cannot use bankruptcy court to resolve civil lawsuits that claim its iconic baby powder caused cancer, a
(NEW YORK) Johnson & Johnson cannot use bankruptcy court to resolve civil lawsuits that claim its iconic baby powder caused cancer, a federal appeals cou