Imerys Talc America, Inc., et al.

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Case overview

Case Number:

1:19-bk-10289

Court:

Delaware

Nature of Suit:

Firms

Companies

Government Agencies

Sectors & Industries:

July 15, 2024
J&J Agrees To Pay $505M In Talc Producers' Ch. 11

Talc mining companies Imerys and Cyprus Mines asked the Delaware bankruptcy court to approve a Chapter 11 settlement in which Johnson & Johnson would pay $505 million in cash and insurance proceeds into a talc injury trust, even if it petitions for bankruptcy a third time.
February 07, 2024
Imerys, Cyprus Mines Get Extension For Ch. 11 Mediation

A Delaware bankruptcy judge Wednesday gave bankrupt talc supplier Imerys Talc America and its former owner Cyprus Mines another three weeks in mediation to try to resolve what they said were outstanding insurance issues and prepare for a creditor vote on their Chapter 11 plans.
February 01, 2024
Imerys, Cyprus Mines Propose Ch. 11 Plans With $862M Trust

Bankrupt talc supplier Imerys Talc America, Inc. and its former owner Cyprus Mines Corp. asked a Delaware bankruptcy court to sign off on disclosure statements for their separate Chapter 11 plans that would create an $862.5 million joint trust to settle claims that their talc caused cancer.
January 26, 2024
Insurers Say Imerys' Mediation Request Cuts Them Out

A group of insurers has asked the Delaware bankruptcy court to reject bankrupt talc producer Imerys' bid to extend mediation over its Chapter 11 plan, saying the request is really meant to cut the insurers out of mediation.
September 28, 2023
Imerys Insurers Will Get Mediator For Ch. 11 Settlement Effort

A Delaware bankruptcy judge said Thursday she would allow Imerys Talc America Inc. insurers to appoint a mediator for a short period to help the parties hash out a potential settlement in a Chapter 11 case that the judge said needs to be resolved "as soon as we can."
October 21, 2022
Navient Collections Halted, Mallinckrodt Faces $1.6B Suit

Navient Solutions is appealing a nationwide injunction barring it from collecting on certain student loans discharged through bankruptcy, Mallinckrodt creditors are suing for the return of $1.6 billion used to buy back shares pre-bankruptcy, and liquidators for crypto hedge fund Three Arrows Capital want to serve subpoenas via Twitter. This is the week in bankruptcy.
October 17, 2022
Imerys Insurer Lacks Standing In Ch. 11 Dismissal Try

An insurer seeking the dismissal of Imerys Talc America's Chapter 11 case doesn't have standing to have the proceedings tossed after a Delaware bankruptcy judge ruled Monday that the insurer isn't a creditor and isn't facing an immediate harm from the case continuing.
October 14, 2022
Alex Jones' Billion-Dollar Penance, Puerto Rico Prunes Debt

Conspiracy theorist Alex Jones' podcast company is headed toward Chapter 11 mediation after a $965 million defamation damages judgment, Puerto Rico takes another step in restructuring the island's public debt, and the U.S. Supreme Court remanded issues over an increase in trustee fees to the Second Circuit. This is the week in bankruptcy.
October 12, 2022
Imerys Insurer Says Ch. 11 Should Be Tossed For Bad Faith

An insurer that issued policies to talc producer Imerys Talc America Inc. told a Delaware bankruptcy judge on Wednesday Imerys' Chapter 11 case should be dismissed because the company doesn't have a good faith, valid purpose to remain in bankruptcy.
September 02, 2022
Sears, Boy Scouts Each Move Closer To Ch. 11 Resolutions

The yearslong dispute between Sears and its former CEO ended with a deal, the Boy Scouts of America took a giant leap toward confirmation, and crypto investment platform Celsius wants to release $56 million of digital assets. This is the week in bankruptcy.

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