Johnson & Johnson Looks To File Plan In Talc Suppliers’ Bankruptcy

Mealey's (March 23, 2020, 1:56 PM EDT) -- WILMINGTON, Del. — Health care products conglomerate Johnson & Johnson on March 20 sought to take over the Chapter 11 case of its longtime talc suppliers, saying in two filings in Delaware federal bankruptcy court that the debtors should not be given more time to propose a reorganization plan and the automatic stay should be lifted to allow Johnson & Johnson to assume defense to thousands of talc asbestos personal injury claims (In re:  Imerys Talc America, Inc., et al., No. 19-10289, D. Del. Bkcy.)....