J&J’s 3rd Bankruptcy Attempt Triggers More Briefing On Talc Firm’s Role

(October 4, 2024, 9:08 AM EDT) -- TRENTON, N.J. — A bankruptcy stay does not apply to an effort at removing a law firm from the asbestos-talc Plaintiffs’ Steering Committee (PSC), Johnson & Johnson argues in a second motion to remove and related letter briefs filed in a federal court in New Jersey claiming that in a “severe breach of trust,” the firm voted against the bankruptcy plan without the client authority to do so.  But in its own filing, the firm tells the court that the stay imposed by the bankruptcy of the Johnson & Johnson entity should apply and calls the company’s position “highly suspect” given that a state court judge already found no reason to remove the firm from its role....