• fmstrat@lemmy.nowsci.com
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    1 year ago

    The bankruptcy is a plan in place with counsel representing claimants so they can free up cash reserves and pay them.

    Notably, our appeal recently was joined by counsel representing the vast majority of the talc claimants," he said.

    They don’t have enough cash on hand, so they bankrupt part of the company and sell.

    Everyone should read the article.