Examining the Third Circuit's Decision in LTL Management: Where Does J&J Go from Here?

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Examining the Third Circuit's Decision in LTL Management: Where Does J&J Go from Here?

February 8, 2023

On direct appeal, the Third Circuit on Jan. 30 reversed the bankruptcy court and directed the dismissal of the petition that had been filed by LTL Management LLC, the subsidiary of Johnson & Johnson created to file in chapter 11 to deal with talc and asbestos claims arising from the sale of Johnson’s Baby Powder. Although Circuit Judge Thomas Ambro pointedly declined to rule on whether LTL improperly used chapter 11 as a “litigation tactic,” what are the legal steps J&J can take to settle roughly 40,000 cancer lawsuits concerning its talc-based products?

A panel of top academics will examine the decision and the issues surrounding J&J's case, and will discuss what could happen with the case moving forward.

Wednesday, February 8, 2023

2:00-3:15 PM EST

This webinar is free to attend, and CLE credit is available to members in qualifying states.*

Bill Rochelle, Moderator
Alexandria, Va.

Prof. David R. Kuney
Georgetown University
Law School
Washington, D.C.

Prof. Bruce A. Markell
Northwestern Pritzker
School of Law

Prof. Lindsey Simon
University of Georgia
School of Law
Athens, Ga.

* 1.25 hours of general CLE credit are available in the following pre-approved 60-minute-hour states (1.5 hours in 50-minute-hour states): AK, AL, AR, CA, DE, GA, IL, MO, NJ, PA, SC, TN, TX, VT, WI and WV. These states follow an approved-jurisdiction policy: AZ, CO, CT, NH and NY. ABI will submit attendance to DE, IL, NV, PA, TN and TX. Attendees from Illinois claiming credit more than 30 days after an event will be charged the $25 Illinois late-credit claim fee that went into effect on Jan. 1, 2020. For those jurisdictions not listed, ABI will not seek direct accreditation; attorneys will need to self-submit. Some states might not allow self-submission. ABI will issue certificates for attorneys to self-submit for approval. ABI charges an administrative fee of $5 for Members and $25 for non-members upon requesting CLE credit for this program. Further details will be provided the day of the event.