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J&J Attempts a “Texas Two-Step”

Motley Fool Money

The Court's Decision to File Bankruptcy Under LTL

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The company did propose a bankruptcy prior under the LTL subsidiary that you're talking about, and this was created in 2021. A federal appeal court said, no, you don't get to do this. Now what we're seeing is a revised version of this that roughly more than 60,000 claimants here.

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