Third Circuit Dismisses Talc Bankruptcy
Hunton Andrews Kurth
JANUARY 31, 2023
On Monday, January 30, 2023, the Third Circuit in In re LTL Management, LLC 1 ordered debtor LTL Management, LLC’s (“LTL”) chapter 11 petition dismissed for failure to demonstrate that the petition was filed in good faith pursuant to the Bankruptcy Code. 12 Both decisions were appealed, and the Third Circuit reversed. 22-2003 (3rd Cir.
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