Asbestos Claimants’ TRO Request For Johnson & Johnson Restructuring Denied

(September 7, 2021, 8:53 AM EDT) -- WILMINGTON, Del. — A Delaware federal judge on Aug. 27 allowed asbestos claimants’ representatives to intervene in an adversary action filed by Chapter 11 debtor Imerys Talc America Inc. against Johnson & Johnson (J&J) but denied the representatives’ request for a temporary restraining order (TRO) seeking to prevent J&J from avoiding its indemnity obligations to the debtor through a corporate restructuring....