Red River Talc LLC
Case Number:
4:24-bk-90505
Court:
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September 26, 2024
J&J Is 'Forum-Shopping' In New Spinoff Ch. 11, Trustee Says
The U.S. Department of Justice's bankruptcy watchdog has asked a judge to send the latest Johnson & Johnson talc-liability spinoff bankruptcy to New Jersey, saying Thursday that J&J subsidiary Red River Talc's Chapter 11 petition in the Southern District of Texas is an "assault on the very integrity of the bankruptcy system" and amounts to forum-shopping.
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September 25, 2024
4 Things To Know About J&J's Latest Talc Bankruptcy
Johnson & Johnson moved a newly created talc unit into Chapter 11 in Texas last week, renewing its efforts to address billions of dollars in potential liability tied to its talc products through bankruptcy.
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September 24, 2024
J&J Talc Claims Paused, Silvergate Parent Files For Ch. 11
A Texas bankruptcy judge has put on hold certain talc-related personal injury lawsuits against Johnson & Johnson, and Silvergate Capital has filed for Chapter 11 to liquidate assets following client losses tied to the FTX collapse. This is the week in bankruptcy.
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