In re LTL Management, LLC


(3rd Circ., filed on August 22, 2022): Argues that the use of bankruptcy to address litigation claims is a valid bankruptcy purpose that has been historically recognized by courts across the country.   Resolution of mass-tort liabilities in bankruptcy court has been a key tool for U.S. businesses since the Bankruptcy Code was first enacted in 1978. 

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Court ruled against ATRA's position

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