Executive Summary: On January 30, 2023, the U.S. Court of Appeals for the Third Circuit (the “Court”) issued an opinion in In re LTL Management, LLC, No. 22-2003, 2023.
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 U.S. Court of Appeals for the Third Circuit (the "Court") issued an opinion in In re LTL Management, LLC, No. 22-2003, 2023 WL 1098189, at 1 (3d Cir. Jan. 30, 2023) ("LTL Management").
On January 30, 2023, the Third Circuit Court of Appeals dismissed the bankruptcy filing by Johnson & Johnson’s subsidiary, LTL Management, LLC (“LTL”). The Circuit Court reversed the.