Johnson & Johnson’s “Red River” Bankruptcy Strategy Sinks on Third-Party Release Issues, Voting Irregularities—With Possible Implications for Future Mass Tort Bankruptcy Cases
By EsqSocial Corporation 17/04/25
Introduction - On March 31, 2025, Judge Christopher Lopez of the U.S. Bankruptcy Court for the Southern District of Texas denied confirmation of the prepackaged Chapter 11 plan of Johnson & Johnson (“J&J”) affiliate Red River Talc LLC (“Red River”) and dismissed for “cause” Red River’s Chapter 11 case....
By: Cadwalader, Wickersham & Taft LLP