3M Earplug Subsidiary Appeals Dismissal Of Bankruptcy Case

(June 13, 2023, 2:20 PM EDT) -- INDIANAPOLIS — Aearo Technologies LLC and related companies on June 12 appealed dismissal of their Chapter 11 case in which a federal bankruptcy judge found that while the companies face asbestos claims and the largest multidistrict litigation ever in United States, they do not face sufficient financial stress, much like Johnson & Johnson’s spinoff debtor whose case was dismissed in In re LTL Management, Inc., 64 F.4th 84 (3rd Cir. 2023)....