Talc Supplier’s Chapter 11 Case Should Have Been Tossed, Receiver, Committee Say

( January 22, 2025, 8:29 AM EST) -- PHILADELPHIA — The board of directors of defunct talc supplier Whittaker, Clark & Daniels Inc. (WCD) lacked the power to file a bankruptcy petition in New Jersey on the company’s behalf because a South Carolina judge’s order appointing a receiver stripped the board of the authority to file for bankruptcy, the receiver and talc claimants’ representatives tell the Third Circuit U.S. Court of Appeals in their appeal of a bankruptcy judge’s denial of their bid to dismiss the Chapter 11 case....