Bankruptcy Judge Denies Dismissal Of Talc Supplier’s Chapter 11 Case

(June 22, 2023, 9:22 AM EDT) -- TRENTON, N.J. — The appointment of a receiver by a South Carolina court for defunct talc supplier Whittaker, Clark & Daniels Inc. (WCD) did not take away the authority of the company’s board of directors to file for Chapter 11 protection, a New Jersey federal bankruptcy judge held in denying the receiver’s motion to dismiss the case....