Gilbert LLP Secures Landmark Win for Talc Claimants in Presperse Bankruptcy

August 13, 2025

WASHINGTON, D.C. – Gilbert LLP, a premier law firm specializing in complex dispute resolution, announced today its successful representation of the Official Committee of Talc Claimants (“TCC”) and the Future Talc Personal Injury Claimants (“FCR”) in the bankruptcy proceedings for Presperse Corporation, In re Presperse Corporation, in the United States Bankruptcy Court for the District of New Jersey.

On July 31, 2025, the Bankruptcy Court entered an Order approving the Bankruptcy Plan and establishing the Talc Personal Injury Trust (the “Trust”), which is the first talc-related trust established under Section 524(g) of the Bankruptcy Code, a mechanism specifically intended to address asbestos-related liabilities. The confirmation of the plan, which provides in excess of $50 million for the Trust, was the result of a concerted effort by the TCC, including Gilbert, to resolve objections from Hartford Fire Insurance Company and Hartford Casualty Company (together, “The Hartford”) and the United States Trustee (“UST”).

Gilbert served as special insurance counsel to the TCC, a committee established to represent individuals with personal injury claims arising from their use and exposure to talc produced or supplied by Presperse, and the FCR, which represents the interests of individuals who may assert claims in the future, but whose talc-related diseases have not yet manifested. Gilbert’s work was instrumental in securing an $8 million settlement with The Hartford from insurance policies issued to Presperse. The settlement was reached after hard-fought negotiations and was specifically recognized by the presiding judge for the significant effort involved.

“This is a victory for individuals with talc claims, and we are proud to have played a role in securing this outcome,” said Kami E. Quinn, of Gilbert LLP.” The establishment of this Trust provides a critical mechanism for compensating victims and sets a precedent for future talc-related bankruptcies. Our team worked to navigate complex legal and factual issues, including resolving of the disputes with The Hartford, to ensure the victims received compensation they are owed as quickly as possible.”

The successful confirmation of the Presperse Bankruptcy Plan marks a landmark moment, as it is the first-ever talc bankruptcy case to be confirmed in a bankruptcy court and to contain a Section 524(g) injunction. This achievement underscores Gilbert LLP’s insurance recovery expertise within the context of bankruptcy and its commitment to advocating for the rights of policyholders and their creditors.