The controversial maneuver, often called a Texas two-step, has been utilized by other companies, including Johnson & Johnson, which have attempted to deal with their mass tort liabilities with the bankruptcy of a subsidiary.

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I support clients with legal difficulties in the areas of bankruptcy, divorce, wills and trusts, and probate or estate administration. I'm an experienced trial lawyer and are a member of your Virginia State Bar due to the fact 1987. Though I'm happy to help you purchasers settle their authorized matters expeditiously and at the bottom expenditures for their pleasure, I welcome the chance to litigate contested issues when settlement isn't an acceptable option.