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J&J's Failed 3rd Try Casts Doubt On Use Of 'Texas Two-Step'
Reprinted from: Law360 | 05/01/2025Cadwalader's Douglas Mintz, Ingrid Bagby and Casey Servais have co-authored an article in Law360, “J&J's Failed 3rd Try Casts Doubt On Use Of 'Texas Two-Step',” published on May 1.
In the article, the authors discuss the U.S. Bankruptcy Court for the Southern District of Texas’s recent decision to deny confirmation of a Johnson & Johnson affiliate’s prepackaged Chapter 11 plan. They also explain the decision’s implications and how it relates to the prohibition on nonconsensual third-party releases established by the Supreme Court’s Purdue Pharma decision.
Read the full article here.
