Judge OKs Fees For Talc Lawyers In J&J Unit’s First Ch. 11

A New Jersey bankruptcy judge has told counsel for talc tort claimants in the original Chapter 11 of Johnson & Johnson’s talc spinoff that they are due hundreds of thousands of dollars in fees and expenses, saying the payment was justified by the “extraordinary” circumstances of the case.

In an opinion filed, U.S. Bankruptcy Judge Michael B. Kaplan said the nine plaintiffs firms were entitled to a portion of the nearly $2 million they were seeking, saying they played an important role in representing talc claimants in the early days of LTL Management LLC’s Chapter 11 and laid at least some of the groundwork for the case’s dismissal over a year later.

Aylstock Witkin Kreis & Overholtz PLLC and a group of eight law firms calling themselves the “Substantial Contribution Claimants” filed separate motions arguing their representation of talc claimants in the 2021 bankruptcy was a “substantial contribution” to the case that merited a fee and expenses reimbursement. – law360

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