Affiliates

Elon Musk’s Affiliates Face Legal Backlash Over Access to Sensitive Government Data Amid Trump’s Transformative Federal Agenda

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Washington, D.C. — Amidst a rapidly unfolding legal battle, concerns mount over the access granted to Elon Musk and his affiliates to sensitive U.S. government data. Multiple lawsuits challenge the administration’s decision to allow Musk’s Department of Government Efficiency (DOGE) personnel into restricted government IT systems, alleging violations of privacy law among other issues. The legal confrontations arise as the Trump administration attempts a broad reconfiguration of the federal bureaucracy, a move that has seen Musk’s associates installed in key agency positions as special government employees. The courts, acting with urgency, have been swift to … Read more

Third Circuit Court of Appeals Dismisses Johnson & Johnson Affiliate’s Chapter 11 Bankruptcy Case, Highlights Impact on Future Filings

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Philadelphia, PA – The Third Circuit Court of Appeals issued a landmark ruling today, dismissing a Chapter 11 bankruptcy case filed by Johnson & Johnson affiliate LTL Management LLC. This decision is expected to have far-reaching implications for future bankruptcy filings of a similar nature. The bankruptcy case stemmed from a multi-step divisional merger conducted under Texas law. Following the merger, LTL became responsible for J&J’s talc liabilities, but did not possess any operating assets. In October 2021, LTL filed for Chapter 11 bankruptcy and sought an injunction from the bankruptcy court to protect J&J … Read more