Witryna13 lut 2024 · The Debtors’ primary goal in filing these Chapter 11 Cases is to confirm a consensual plan of reorganization pursuant to Sections 105(a), 524(g), and 1129 of the Bankruptcy Code that channels all of the present and future Talc Claims to a trust vested with substantial assets and provides for a channeling injunction prohibiting claimants … Witryna18 maj 2024 · Imerys SA, which mines talc used in Johnson & Johnson’s iconic Baby Powder and other products, agreed to turn over its North American operations to …

Imerys Unit Settles Talc Claims for at Least $5 Million

WitrynaOn May 15, 2024, Imerys Talc America, Inc. and 2 affiliated debtors (collectively, the "Debtors") filed their Plan of Reorganization and the Disclosure Statement related … Witryna22 sty 2024 · Imerys Talc America Inc. updated its bankruptcy plan and disclosure materials to satisfy a judge’s requirement that the mineral company explain how … golden\u0027s pizza shrewsbury ma

New Chapter 11 Bankruptcy Filing - Imerys Talc America Inc.

Witryna31 sie 2024 · Imerys Bankruptcy Still Pending. Posted on August 31st, 2024. The mining company that exclusively supplied Johnson & Johnson with talc for decades is in the … WitrynaThis opinion involves the bankruptcy of a talc manufacturer, Imerys. Imerys has thousands of claims against it. Part of a proposed plan is the establishment of a trust, under 11 U.S.C. §524(g), to be maintained for the benefit of persons who discover later that they are being harmed by the ingestion of Imerys talc. WitrynaDefine Imerys Settlement Proceeds. means the funds of the Imerys Settlement consisting of at least $177.5 million, made up of: (i) $75 million, consisting of Cash … hd supply tow stickers