A federal appeals court granted 3M Co. ’s request to review a bankruptcy judge’s refusal to stop mass injury lawsuits from proceeding against the conglomerate following the chapter 11 filing of its ea...
Tag: Aearo Technologies
3M’s Bankruptcy Setback Deepens Earplug Litigation Troubles
3M Co. had good reason to bet that it could use U.S. bankruptcy laws to shield itself from a mountain of personal-injury lawsuits filed over its allegedly defective military earplugs. But after a bank...
Bankruptcy Courts Are Good At Adjudicating Tort Claims
Economists tend to view tort law differently than lawyers—or state attorney generals—and this difference explains both the advent of bankruptcy trusts in adjudicating class action liability claims and...
3M Is Denied Bankruptcy Shield Against Mass Earplug Claims
A bankruptcy judge declined on Friday to shield 3M Co. from continued litigation involving its military earplugs, a setback for the conglomerate’s attempt to shift the mass injury claims to a friendli...
3M Unit Defends Request to Shield Parent From Mass Earplug Lawsuits
Lawyers representing 3M Co. ’s bankrupt Aearo Technologies LLC subsidiary defended its request to a bankruptcy judge to extend a litigation stay to the parent company to resolve mass earplug lawsuits,...
Judge Knocks 3M Bankruptcy Strategy for Military Earplug Lawsuits
A federal judge criticized 3M Co. ’s attempt to use the protections of chapter 11 to resolve mass injury claims by U.S. military veterans, but will allow a bankruptcy court to decide whether to shield...