Receiver, Claimants Say Talc Supplier’s Chapter 11 Case Should Have Been Dismissed

(September 19, 2023, 11:34 AM EDT) -- TRENTON, N.J. — A New Jersey federal bankruptcy judge used a “flawed interpretation” of a state court order appointing a receiver for defunct talc supplier Whittaker, Clark & Daniels Inc. (WCD) in refusing to dismiss the company’s Chapter 11 case, the receiver and a committee of asbestos claimants say in their appeal of the ruling to a district court....