3rd Circuit Hears Arguments On Validity Of J&J Unit’s Chapter 11 Case

Mealey's (September 20, 2022, 4:41 PM EDT) -- PHILADELPHIA — Johnson & Johnson (J&J) spinoff LTL Management LLC and asbestos claimants debated before the Third Circuit U.S. Court of Appeals on Sept. 19 whether LTL Management’s Chapter 11 case was filed in good faith to resolve asbestos-talc personal injury claims and whether a bankruptcy court properly enjoined such claims against nondebtors, including J&J....