tev-jnj-baby-powder-19

Talc Evidence Atlas — release-gated evidence record. Status: verified · Track: litigation · Modified 2026-08-13

The record

The October 12, 2021 restructuring was a divisional merger under the Texas Business Organizations Code that split Old Consumer into two entities, allocating essentially all talc liabilities to LTL.

Claim scope

The date, statutory mechanism, and structural effect of the restructuring, and that the 'Texas Two-Step' label is a characterization the Third Circuit declined to adopt.

What this source does not establish

It does not hold the divisional merger unlawful, fraudulent, or a fraudulent transfer. The court's dismissal rested on absence of financial distress, not on the legality of the merger.

Limitations

Same indirect citation resolution. The intermediate entities (Chenango Zero/One/Two, Curahee) are described in the opinion's footnote 3 as 'a slightly abbreviated summary of the many steps.'

Source

Case Citation — In re LTL Mgmt., LLC, 64 F.4th 84 (3d Cir. 2023)

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