Mandamus Denied By 3rd Circuit In Challenge To 2nd Bankruptcy Of J&J Unit

(May 11, 2023, 2:25 PM EDT) -- PHILADELPHIA — The Third Circuit U.S. Court of Appeals on May 9 declined to dismiss the second Chapter 11 case of Johnson & Johnson (J&J) spinoff LTL Management LLC at the request of a committee of asbestos-talc claimants, saying the “drastic and extraordinary remedy” of a writ of mandamus is not warranted at this time....