RecordLens

Insolvency case

In re LTL Management, LLC

Authority
US Court of Appeals for the Third Circuit
Case number
22-2003 and related appeals
Filed or opened
2022
Organization
Johnson & Johnson
Current stage
Decided on 30 January 2023 with an instruction to dismiss LTL's Chapter 11 petition.
Outcome
First LTL bankruptcy dismissed on the Third Circuit's instruction.

Decisions and steps

  1. Petition not filed for a valid bankruptcy purpose, remanded with instruction to dismissS3

Claims this case bears on

Sources

  1. S3Tier A In re: LTL Management, LLC, Nos. 22-2003 et al., precedential opinionUS Court of Appeals for the Third Circuit. Court judgment. 30 January 2023.Orders dismissal of the first LTL bankruptcy for lack of financial distress. It does not address talc safety.Link working, checked 25 October 2026