A chapter choose dismissed a 3M unit’s Chapter 11 case to resolve lawsuits over fight earplugs, concluding that it had no “legitimate reorganization goal.”
U.S. Chief Chapter Decide Jeffrey Graham, who heard dismissal arguments for 3 days in April in Indianapolis, discovered that 3M subsidiary Aearo Applied sciences, which is financially solvent, had no “legitimate reorganization goal” to file for Chapter 11 safety final yr.
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