Securities Plaintiff Appeals Stay Extension In Chapter 11 Case Of J&J Debtor

Mealey's (May 18, 2022, 11:55 AM EDT) -- TRENTON, N.J. — The lead plaintiff in a securities class action against Johnson & Johnson (J&J) and its officers on May 13 appealed a New Jersey federal bankruptcy judge’s ruling that the automatic stay in the Chapter 11 bankruptcy of J&J spinoff LTL Management LLC applies to the securities case....

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