A Debtor’s Lack of Immediate Financial Distress may be “Cause” for Dismissal
ABI
JANUARY 22, 2024
3] In 1979, J&J transferred all of its assets associated with the baby products division to J&J Baby Products Company and thereafter, Johnson & Johnson Consumer Inc. ("Old 5] As a result of the restructuring, LTL assumed responsibility for all of Old JJCI’s talc-related liabilities. [6] 20] [1] 11 U.S.C.
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