aearo technologies kroll
Kirkland & Ellis LLP told an Indiana bankruptcy judge it should be allowed to represent 3M unit Aearo Technologies LLC in its Chapter 11 and 3M in the product liability litigation that sparked the bankruptcy, sayingWednesday the companies' interests are aligned. Case No. It is with great sadness that we announce the death of Frank G. Christy (New Hyde Park, New York), leaving to mourn family and friends. 3M and its other businesses have not filed for chapter 11 and will continue to operate as usual. Notice of Agenda of Matters not going forward. You must click the activation link in order to complete your subscription. With this change in strategy, this process is intended to resolve claims related to Combat Arms Earplugs in a manner that is more efficient and equitable to all parties. Aearo Technologies was acquired by 3M in 2008 and has since operated as a wholly-owned subsidiary of 3M. Hearing on Motion to Enforce the Automatic Stay [Continued], Final Hearing on Certain First Day Motions, Adv. Aearo Technologies was acquired by 3M in 2008 and has since operated as a wholly-owned subsidiary of 3M. The cases are pending before the Honorable Jeffrey J. Graham and are jointly administered under Case No. 3M has entered into a funding agreement with Aearo Technologies to establish a trust to resolve all claims determined to be entitled to compensation, and to support Aearo Technologies as it continues to operate during the chapter 11 process. Case No. Please see the company's second-quarter earnings press release for more details. 3M Investor Relations Department Parties, docket activity and news coverage of federal case Aearo Technologies LLC, case number 1:22-bk-02890, from Indiana Southern Court. IT Support, Unix, Please see the company's second-quarter earnings press release for more details. zip. ALL PRIME CLERK URLS AND EMAIL ADDRESSES ARE AUTOMATICALLY REDIRECTED. Forward-looking statements relate to future events and typically address 3Ms expected future business and financial performance. 3M Subsidiary Aearo Technologies Takes Action to Efficiently and Equitably Resolve Litigation Related to Combat Arms Earplugs, Caution Concerning Forward-Looking Statements, https://www.prnewswire.com/news-releases/3m-subsidiary-aearo-technologies-takes-action-to-efficiently-and-equitably-resolve-litigation-related-to-combat-arms-earplugs-301593190.html, SDS, RDS, More Regulatory & Compliance Information, Aearo Technologies and related entities have voluntarily initiated chapter 11 proceedings, 3M has committed $1 billion to fund a trust to resolve all claims determined to be entitled to compensation. Job specializations: IT/Tech. Call 800-762-2596 within the U.S. or +1 212-231-2916 outside the U.S. atate [emailprotected]. ST. PAUL, Minn., July 26, 2022 /PRNewswire/ -- 3M (NYSE: MMM) today announced it is taking action to resolve litigation related to Combat Arms Earplugs Version 2 ("Combat Arms Earplugs"). To access the press release, please visit our press release page here. Password must match previously entered new password. Tel: (651) 737-6523 Please click below to view and download the First Day Motions and Orders: 333 South Grand Avenue Los Angeles, Call 800-633-8284 within the U.S. or +1 402-977-9140 outside the U.S. (for both U.S. and outside the U.S., the access code is 21999290). https://www.justice.gov/ust-regions-r03/region-3-district-delaware Phone: 302.573.6491 Fax: 302.573.6497, District of Delaware 824 Market Street North, 3rd Floor Wilmington, Click here to login, Enter your details below and select your area(s) of interest to stay ahead of the curve and receive Law360's daily newsletters, Email (NOTE: Free email domains not supported). Notice of Agenda of Matters Scheduled for Hearing Filed by Stimwave Technologies Incorporated. PRIME CLERK IS NOW KROLL RESTRUCTURING ADMINISTRATION. Q2 2022 Earnings Results and Conference Call. Aearo Technologies and related entities ("Aearo Technologies"), all of which are wholly-owned 3M subsidiaries, have voluntarily initiated chapter 11 proceedings seeking court supervision to help establish a trust funded by 3M to efficiently and equitably resolve all claims determined to be entitled to compensation. The Bankruptcy Court has set the following deadlines for filing proofs of claim against the Debtors: Click on "Submit a Claim" above to download a proof of claim form and for more information regarding filing a claim against the Debtors. Hearing scheduled for 9/29/2022 at 10:30 AM at US Bankruptcy Cour Notice of Agenda of Matters Scheduled for Hearing Filed by Stimwave Technologies Incorporated. In a separate press release issued today, 3M announced its intent to spin off its Health Care business, resulting in two world-class public companies well positioned to pursue their respective growth plans. DE Please click below to view and download the Debtors' First Day Motions, Orders and related documents: First Day Motions First Day Orders First Day Hearing Presentation, 601 Lexington Avenue New York, https://www.justice.gov/ust-regions-r10/region-10-southern-district-indiana Phone: 317.226.6101 Fax: 317.226.6356, Southern District of Indiana 46 E Ohio St, Room 116 Indianapolis, The company believes that, absent the actions taken today, the claims could take years, if not decades, to litigate on a case-by-case basis. Amended HEARING CANCELLED. 19801 DE This website will be updated with the date of the continued meeting. "We determined that taking this decisive action now will allow 3M and Aearo Technologies to address these claims in a way that is more efficient and equitable than the current litigation.". The Aearo Technologies chapter 11 cases were filed in the U.S. Bankruptcy Court for the Southern District of Indiana. 10166-0193 You may unsubscribe by clicking the Unsubscribe link at the bottom of the email updates you receive. "We determined that taking this decisive action now will allow 3M and Aearo Technologies to address these claims in a way that is more efficient and equitable than the current litigation.". Login to our enhanced client management system. Aearo Technologies LLC(22-02890) Aearo Holding LLC(22-02893) Aearo Intermediate LLC(22-02892) Aearo LLC(22-02891) Aearo Mexico Holding Corp.(22-02894) Cabot Safety Additional information is available on resolvingearpluglitigation.com and www.3mearplugsfacts.com. A hearing on the Debtors' First Day Motions was held on July 27, 2022 before the Honorable Jeffrey J. Graham, United States Bankruptcy Court for the Southern District of Indiana, United States Courthouse, 46 E Ohio Street, Room 344, Indianapolis, IN 46204. http://www.deb.uscourts.gov/. The company believes that, absent the actions taken today, the claims could take years, if not decades, to litigate on a case-by-case basis. Kroll Restructuring Administration (formerly known as Prime Clerk) collects your email for the sole purpose of sending you updates on the docket activity for the case you select at the frequency and for the duration that you designate. Objections due b Notice of 341 Meeting of Creditors. Aearo Technologies will also continue to operate in the ordinary course. They may contain forward-looking information about 3Ms financial results, estimates and business prospects that involve substantial risks and uncertainties that could cause actual results to differ materially. On July 26, 2022, Aearo Technologies LLC and six (6) affiliated debtors (collectively, the "Debtors") each filed a voluntary petition for relief under Chapter 11 of the United States Hearing scheduled for 6/16/2022 at 02:00 PM at US Bankruptcy Cour Notice of Agenda of Matters Scheduled for Hearing Filed by Stimwave Technologies Incorporated. Please click here to download the Bar Date Order and hereto download the Bar Date Notice. Create a recurring email based on criteria you specify below. 341 Meeting to be held on 9/6/2022 at 10:00 AM Eastern via a teleconference at 888-947-8927; passcode 4467430. The Company assumes no obligation to update any forward-looking statements discussed herein as a result of new information or future events or developments. Please join the call at least 10 minutes before the start time. Aearo Technologies has indemnified 3M for obligations related to the claims. Password (at least 8 characters required). The telephone replay will be available until. With heavy hearts, we announce the death of Igor Bilewich (New Hyde Park, New York), who passed away on November 3, 2022 at the age of 73. You have to know whats happening with clients, competitors, practice areas, and industries. I took a free trial but didn't get a verification email. Kroll Restructuring Administration (formerly known as Prime Clerk) collects your email for the sole purpose of sending you updates on the docket activity for the case you select at the frequency and for the duration that you designate. 19801 Among the factors that could cause actual results to differ materially are the following: (1) worldwide economic, political, regulatory, capital markets and other external conditions and other factors beyond the Company's control, including natural and other disasters or climate change affecting the operations of the Company or its customers and suppliers; (2) risks related to public health crises such as the global pandemic associated with the coronavirus (COVID-19); (3) foreign currency exchange rates and fluctuations in those rates; (4) liabilities related to certain fluorochemicals, including lawsuits concerning various PFAS-related products and chemistries, and claims and governmental regulatory proceedings and inquiries related to PFAS in a variety of jurisdictions; (5) legal proceedings, including significant developments that could occur in the legal and regulatory proceedings described in the Company's Annual Report on Form 10-K for the year ended Dec. 31, 2021, as updated by the Company's Current Report on Form 8-K dated April 26, 2022, and any subsequent quarterly reports on Form 10-Q (the "Reports"); (6) competitive conditions and customer preferences; (7) the timing and market acceptance of new product offerings; (8) the availability and cost of purchased components, compounds, raw materials and energy (including oil and natural gas and their derivatives) due to shortages, increased demand or supply interruptions (including those caused by natural and other disasters and other events); (9) unanticipated problems or delays with the phased implementation of a global enterprise resource planning (ERP) system, or security breaches and other disruptions to the Company's information technology infrastructure; (10) the impact of acquisitions, strategic alliances, divestitures, and other unusual events resulting from portfolio management actions and other evolving business strategies, and possible organizational restructuring; (11) operational execution, including scenarios where the Company generates fewer productivity improvements than estimated; (12) financial market risks that may affect the Company's funding obligations under defined benefit pension and postretirement plans; (13) the Company's credit ratings and its cost of capital; (14) tax-related external conditions, including changes in tax rates, laws or regulations; (15) matters relating to the proposed spin-off of the Company's Health Care business, including whether the transaction will be completed, or if completed, will be on the expected terms; the risk that the expected benefits will not be realized; the risk that the costs or dis-synergies will exceed the anticipated amounts; the ability to satisfy the various closing conditions; potential business disruption; the diversion of management time; the impact of the transaction (or its pendency) on the Company's ability to retain talent; potential impacts on the Company's relationships with its customers, suppliers, employees, regulators and other counterparties; the ability to realize the desired tax treatment (including whether an Internal Revenue Service private letter ruling will be sought or obtained); the risk that any consents or approvals required will not be obtained; risks associated with financings that may be undertaken and indebtedness that may be incurred in connection with the transaction; and (16) matters relating to the voluntary chapter 11 proceedings of the Company's subsidiary Aearo Technologies and certain of its affiliates (the "Aearo Entities"), including legal risks related to the chapter 11 proceedings; potential impacts to the Company's reputation and its relationships with customers, suppliers, employees, regulators and other counterparties and community members; potential impacts to the Company's liquidity or results of operations, including risks related to the amount that will be necessary to fully and finally resolve all of the Company's obligations to make payments to resolve such claims under the terms of its funding and indemnification agreement with the Aearo Entities; and the Aearo Entities' ability to navigate the chapter 11 proceedings to obtain approval and consummation of a plan of reorganization. 22-50068 (Nicholas Maciel v. 3M Occupational Safety LLC, et al. 22-50059 (Aearo Technologies LLC, et al. Aearo Technologies will also continue to operate in the ordinary course. Listing for: Kroll. ALL PRIME CLERK URLS AND EMAIL ADDRESSES ARE AUTOMATICALLY REDIRECTED. IL Login to our enhanced client management system. Kroll Restructuring Administration (formerly known as Prime Clerk) collects your email for the sole purpose of sending you updates on the docket activity for the case you select at the frequency PRIME CLERK IS NOW KROLL RESTRUCTURING ADMINISTRATION. Emily Geier, 300 North LaSalle Street Chicago, They've pioneered new treatment techniques and developed proprietary, high performance materials that control unwanted energy -- noise, vibration, shock, ergonomic, and thermal control. 3M has committed $1 billion to fund the trust, based on the analysis of an experienced estimator of claims in chapter 11. Listed on 2022-11-08. Hearing scheduled for 10/12/2022 at 01:00 PM at US Bankru Order Scheduling Omnibus Hearing Date. For details of these risks and uncertainties please see the documents 3M files with the Securities and Exchange Commission. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. Changes in such assumptions or factors could produce significantly different results. In a separate press release issued today, 3M announced its second-quarter 2022 results and updated its outlook for the full-year 2022. You may unsubscribe by clicking the Unsubscribe link at the bottom of the email updates you receive.
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