Legal News & Attorney Services

Judge Tosses Votes Backing J&J Talc-Supplier’s Bankruptcy Plan

The judge overseeing the bankruptcy case of Johnson & Johnson’s longtime talc supplier disqualified more than 15,700 ballots cast in favor of a cancer-victim compensation plan after finding that most of one law firm’s asbestos-injury clients had no basis to vote.

Judge Laurie Selber Silverstein of the U.S. Bankruptcy Court in Wilmington, Del., threw into doubt the chapter 11 plan put forth by the defunct supplier Imerys Talc America Inc., saying the decisive ballots cast in its favor by personal injury lawyer Thomas Bevan…

Source

Leave A Reply

Your email address will not be published.