Dismissal Of Talc Supplier’s Chapter 11 Case Debated In Federal Court Appeal

(November 20, 2023, 11:51 AM EST) -- TRENTON, N.J. — A South Carolina judge’s order appointing a receiver for defunct talc supplier Whittaker, Clark & Daniels Inc. (WCD) “provided that only the Receiver had the power to file a bankruptcy petition for WCD,” so a Chapter 11 petition filed by the company’s board in New Jersey federal bankruptcy court should be dismissed, the receiver and a committee of asbestos claimants say in a reply brief on appeal to a federal district court....