Representing Claimants Committee in “Texas Two Step” Bankruptcy

Gilbert LLP was recently retained by the Claimants Committee in the Chapter 11 bankruptcy proceedings filed by Aldrich Pump LLC and Murray Boiler LLC.  Aldrich and Murray are asbestos liability holding companies formed by the Ingersoll-Rand Co. and Trane Technologies PLC, respectively.  In representing the Claimants Committee, Gilbert is utilizing its expertise in recovering contested […]

Boy Scouts of America Bankruptcy and Restructuring

Facing substantial mass-tort liabilities arising out of thousands of claims alleging that the organization failed to protect children from sexual abuse, the Boy Scouts of America filed for Chapter 11 bankruptcy in February 2020.  The Boy Scouts’ stated goal is to use the Chapter 11 process to create a trust to provide compensation to victims. […]

Opioid Industry Bankruptcies

On September 1, 2021, the United States Bankruptcy Court for the Southern District of New York confirmed the bankruptcy settlement in In Re: Purdue Pharma L.P.  The plan and settlement are currently subject to appeal in the Second Circuit. Gilbert played a central role in negotiating the terms of that settlement, involving all opioid creditors, the Purdue debtors, and the Sackler family. […]

Talc Supplier Bankruptcy Case

Gilbert LLP builds on its long experience recovering insurance in mass-tort bankruptcy cases in the Chapter 11 proceeding filed by Imerys Talc America, Inc. (and related companies), a primary supplier of talc to Johnson & Johnson.  In June 2019, Gilbert was retained as special insurance counsel to the Official Committee of Tort Claimants and the […]

Automotive Parts Mass-Tort Bankruptcy

A confirmed bankruptcy plan often is only the beginning of Gilbert LLP’s insurance recovery work in mass-tort bankruptcy cases. We are currently engaged as counsel to the Takata Airbag Tort Compensation Trust Fund. In Chapter 11 proceedings filed by the U.S. subsidiaries of Takata Corporation, a Japanese automotive parts company facing mounting allegations of liability […]

Asbestos-Related Chapter 7 Bankruptcy

Gilbert LLP continues to be at the forefront of resolving complex disputes between financially distressed policyholders and their insurers. Gilbert’s pioneering work in this area continues today, through its representation of a Chapter 7 bankruptcy trustee for a former insulation manufacturer responsible for marshaling assets to fund thousands of asbestos-related personal injury claims. To date, […]