3M Unit’s Bankruptcy Should Be Dismissed, Combat Vets Say (1)

Plaintiffs suing 3M Co. over allegedly faulty earplugs urged a judge to throw out its subsidiary’s bankruptcy case, citing a recent ruling in another case involving Johnson & Johnson that said Chapter 11 was being abused to avoid mass tort litigation.

A committee representing over 230,000 veterans and contractors with claims against 3M and bankrupt Aearo Technologies LLC joined several dozen plaintiff law firms in a filing Thursday evening urging the US Bankruptcy Court for the Southern District of Indiana to dismiss the contentious proceedings.

Aearo’s bankruptcy features an uncapped funding agreement from 3M, which was modeled after the arrangement ...