Barretts Minerals Inc. Companies File for Chapter 11 Bankruptcy, Citing Talc Liabilities
October 3, 2023
DOCUMENTS
- Petition
HOUSTON –– Minerals Technologies Inc.’s subsidiaries Barretts Minerals Inc. and Barretts Ventures Texas LLC have filed for Chapter 11 bankruptcy relief, citing growing talc liabilities.
In the Chapter 11 petition filed Oct. 2 in the U.S. Bankruptcy Court for the Southern District of Texas, the Debtor estimated that it had between 200 and 999 creditors and between $10 million and $50 million in estimated liabilities.
In a press release, Minerals Technologies said that the “Debtors intend to operate their businesses normally throughout the duration of the Chapter 11 cases.”
“No other subsidiaries or business units of MTI are included …
UPCOMING CONFERENCES
HarrisMartin's Mass Tort Settlements Conference - Sponsored by Milestone
June 27, 2024 - Buffalo, NY
The Richardson Hotel Buffalo
HarrisMartin's MDL Conference: Video Game Addiction and the Latest Mass Tort Updates
May 29, 2024 - Salt Lake City, UT
The Grand America Hotel