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Bankruptcy being used (or, in the view of some, misused) to resolve mass tort litigation

The Third Circuit opinion in In re LTL Management LLC adds to the growing number of decisions looking at the extent to which bankruptcy can be used (or, in the view of some, misused) to resolve mass tort litigation . Johnson & Johnson Consumer Inc. (“Old Consumer”), a wholly-owned subsidiary of Johnson & Johnson (“J&J”), […]

Contributed by Keller Benvenutti Kim

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