Genova Burns Featured in Law360 Article "3rd Circ. Again Tosses J&J Talc Unit's 'Texas Two-Step' Ch. 11"

Genova Burns LLC was recently featured in the Law360 article "3rd Circ. Again Tosses J&J Talc Unit's 'Texas Two-Step' Ch. 11". Genova Burns LLC and Partner Daniel M. Stolz, Esq., Chair of the firm's Bankruptcy, Reorganization & Creditors' Rights practice, are "very pleased that the second highest court in the country has once again rejected J&J's bad faith efforts to deny victims their day in Court. It was an honor for our firm to work closely with our talented co-counsel to obtain this excellent result".

The article notes "The Third Circuit...affirmed the dismissal of the reworked Ch. 11 case of Johnson & Johnson's Talc Unit that used a controversial "Texas Two-Step" maneuver, saying the company still hasn't displayed the financial distress required to justify the bankruptcy protection...".