In the latest issue of the Restructuring Department Bulletin, we highlight recent decisions impacting the restructuring arena, including the New Jersey Bankruptcy Court’s denial of Talc claimants’ motion to dismiss a Johnson & Johnson subsidiary’s chapter 11 case as not having been filed in good faith; and the Delaware Bankruptcy Court’s rejection of a chapter 7 trustee’s use of the IRS as a “golden creditor” to assert otherwise time-barred avoidance claims. We also share recent news on the Paul, Weiss Restructuring Department.
