Imerys Talc America, Inc., et al.

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Case overview

Case Number:

1:19-bk-10289

Court:

Delaware

Nature of Suit:

Firms

Companies

Government Agencies

Sectors & Industries:

January 25, 2021
Imerys Gets Nod On Updated Ch. 11 Plan Disclosures

A Delaware bankruptcy judge agreed to approve Imerys Talc America's Chapter 11 plan disclosure statement on Monday after the company agreed to update the document with more information about mesothelioma and ovarian cancer settlements provided by Johnson & Johnson.
January 22, 2021
Imerys Seeks Injunction To Stop Cyprus Talc Claims

Imerys Talc America is asking a Delaware bankruptcy judge for an injunction to halt the prosecution of more than 950 talc claims filed against Cyprus Mines Corp. as part of its $130 million settlement with its former parent company.
January 15, 2021
Imerys To Add Details Of $130M Talc Settlement In Ch. 11 Docs

Bankrupt talc producer Imerys Talc America agreed Friday to make changes to its Chapter 11 plan documents, telling a Delaware judge that it would add information about a $130 million settlement with former owner Cyprus Mines Corp. over legacy asbestos liabilities.
January 12, 2021
J&J Unhappy With Imerys' Ch. 11 Plan Disclosures

Bankrupt talc producer Imerys Talc America presented its Chapter 11 plan disclosure statement Tuesday in Delaware court, drawing objections from former client Johnson & Johnson over its obligations to defend the bankruptcy estate against thousands of personal injury and wrongful death claims.
January 08, 2021
Imerys Insurers Say Not Enough Info On $130M Cyprus Deal

A group of insurers is asking a Delaware bankruptcy judge to reject Imerys Talc America's latest Chapter 11 plan disclosure, saying it includes a poorly explained $130 million settlement with Imerys' former parent company.
November 20, 2020
Young Conaway Can't Get $232K In Fees For 'Self-Advocacy'

A Delaware bankruptcy judge on Friday denied Young Conaway Stargatt & Taylor LLP's application for more than $232,000 in fees for getting one of its attorneys appointed to represent creditors in the Imerys Talc America Chapter 11, saying the firm was acting in its own interest.
November 16, 2020
Imerys Gets Nod For $223M Ch. 11 Sale; $30M Loan Delayed

Bankrupt talc producer Imerys Talc America Inc. secured court approval in Delaware Monday for a $223 million sale of its assets, but was separately ordered to clarify a $30 million debtor-in-possession loan order and pact.
November 04, 2020
J&J Slams Imerys' Objection To $20M Claim In Ch. 11 Case

Johnson & Johnson asked a Delaware bankruptcy judge Wednesday to reject debtor Imerys Talc America's objection to the consumer products giant's $20 million claim for talc injury liability, saying Imerys can't concede its own liability while denying J&J's claim.
October 30, 2020
Imerys Gets Court OK For $223M Stalking Horse Bid

A Delaware bankruptcy judge has given her approval for a $223 million stalking horse bid for the assets of talc supplier Imerys Talc America from Canadian mining investment company Magris Resources.
October 27, 2020
J&J Flags 'Moral Hazard' In Imerys' Del. Ch. 11 Disclosure

Bankrupt talc supplier Imerys Talc America's latest Chapter 11 disclosure "reeks of moral hazard" and potential conflict, according to an objection filed in Delaware on Monday by Johnson & Johnson, which is potentially on the hook for billions in debtor insurance claims.

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