3m earplugs lawsuit update - The lawsuits claim 3M’s combat arms earplug version 2, which was dual-sided, could imperceptibly slip in the ear canal and exposed the wearer to damage, including hearing loss or tinnitus.

 
Dec 23, 2022 · Saying 3M has engaged in “bad faith manipulation,” a federal judge quashed the company’s effort to shift responsibility for an avalanche of military earplug lawsuits to a bankrupt subsidiary. . Pooping blood after taking antibiotics

This was due to the dismissals of many cases due to lack of supporting documents. As of June 2, 2023, negotiations are going on in the 3M earplug lawsuit.On June 16,2023, 3M Co. filed an appeal with the Eleventh Circuit in an attempt to overturn a $50 million verdict related to earplugs.Apr 30, 2021 · April 30 (Reuters) - 3M Co (MMM.N) was found liable on Friday for hearing damage suffered by three U.S. military veterans who accused the company of covering up design defects in its earplugs, a ... March 27, 2022 Update: In a historical weekend in the 3M earplug litigation, the Wilkerson jury came back yesterday with an $8 million verdict. 3M was counting on winning Wilkerson to keep afloat the idea that “they win some, we win some” and only the best 3M earplug lawsuits have real value. According to his lawsuit, Vilsmeyer brought fifteen claims against 3M from injuries he alleges were caused by his use of the Combat Arms Earplug version 2 (“CAEv2”), and his wife filed for ...U.S. judge penalizes 3M, bars it from shifting liability in earplug litigation, Reuters, December 22, 2022. 3M Knew of Earplugs’ Hearing Loss Risk, Veterans’ Group Argues, Bloomberg, July 6, 2022. - Florida jury awards $77.5 million to veteran in 3M earplug case, Washington Post, May 20, 2022. 209.Key Points. 3M must face more than 230,000 lawsuits accusing it of selling defective earplugs to the U.S. military, after a U.S. judge on Friday ruled that the bankruptcy of a subsidiary did not ...The lawsuits claim 3M’s combat arms earplug version 2, which was dual-sided, could imperceptibly slip in the ear canal and exposed the wearer to damage, including hearing loss or tinnitus.Roughly 260,000 lawsuits have been filed over the earplugs. 3M has agreed to pay $6 billion to settle about 260,000 lawsuits claiming that earplugs that US troops were issued between 2003 and 2015 ...ST. PAUL, Minn., March 1, 2023 /PRNewswire/ -- U.S. Department of Defense records for more than 175,000 plaintiffs show that the vast majority of claimants in Combat Arms earplug litigation have normal hearing under medically accepted standards.Sep 2, 2023 · 3M Earplug Lawsuit Update | Get the Right Lawyer. The 3M Company has been ordered to pay nearly $10 million over claims it knowingly sold the U.S. Federal Government defective military earplugs which could cause hearing loss, hearing damage, tinnitus, and other ear problems. Published by Collen Clark. Last Updated: September 2, 2023. A federal jury on Friday awarded a U.S. Army veteran $8.2 million after finding that combat earplugs sold by 3M Co caused him to suffer hearing loss and tinnitus, the biggest verdict yet against ...In this video, we will explain the current status of the 3M earplug lawsuits and the status of settlement negotiations. https://www.millerandzois.com/combat-...Aug 31, 2023 · 5:04 3M Co. ’s $6 billion settlement of lawsuits accusing the company of selling defective combat earplugs to the US military could fall apart if enough veterans reject the deal as inadequate... 3M Co on Friday urged a U.S. appeals court to bring to an end lawsuits by service members who say combat earplugs it sold were defective and caused their hearing damage, because the military was ... U.S. judge penalizes 3M, bars it from shifting liability in earplug litigation, Reuters, December 22, 2022. 3M Knew of Earplugs’ Hearing Loss Risk, Veterans’ Group Argues, Bloomberg, July 6, 2022. - Florida jury awards $77.5 million to veteran in 3M earplug case, Washington Post, May 20, 2022. 209.Roughly 260,000 lawsuits have been filed over the earplugs. 3M has agreed to pay $6 billion to settle about 260,000 lawsuits claiming that earplugs that US troops were issued between 2003 and 2015 ...Fast Five: 3M’s $6B earplug settlement, Myomo closes $4.4M public offering LivaNova wins FDA clearance, CE mark for Essenz in-line blood monitor Philips prices $546.2M offering to repay existing ...3M Earplug Lawsuit Latest News & Update July 1, 2022 - 3M faces potentially $7.63 billions in lawsuits over earplugs. 3M to begin court-ordered settlement talks over military earplugs, following lawsuits by thousands of soldiers.3M has agreed to pay more than $6 billion to consumers and military members who alleged the company's ear plugs were defective and caused hearing loss, tinnitus and other hearing-related injuries.3M has lost 10 of the 16 earplug cases that have gone to trial so far, with about $265 million being awarded in total to 13 plaintiffs. 3M's bankruptcy strategy mirrors a similar effort by Johnson ...August 2023 Update: A 3M earplug lawsuit settlement was reached on August 28, 2023, providing roughly $6 billion in funds to resolve allegations raised in more than 250,000 lawsuits filed by U.S ... New York CNN —. 3M has agreed to pay $6 billion to resolve roughly 300,000 lawsuits alleging that the manufacturing company supplied faulty combat earplugs to the military that resulted in ...3M "negotiated a pretty good deal for itself" in the earplugs case, says one expert. 3M Co. has tentatively agreed to pay more than $5.5 billion to resolve over 300,000 lawsuits claiming it sold ...Aug 27, 2023 · 3M "negotiated a pretty good deal for itself" in the earplugs case, says one expert. 3M Co. has tentatively agreed to pay more than $5.5 billion to resolve over 300,000 lawsuits claiming it sold ... Aug 27, 2023 · 3M "negotiated a pretty good deal for itself" in the earplugs case, says one expert. 3M Co. has tentatively agreed to pay more than $5.5 billion to resolve over 300,000 lawsuits claiming it sold ... 2023-06-30 - The Combat Arms Earplugs Version 2 (CAEv2) was manufactured by Aearo Technologies, Inc. prior to being taken over by 3M in 2008. The dual-ended 3M CAEv2 combat earplugs served as a standard form of military hearing protection in foreign conflicts for more than a decade, from 2002 to 2016. The 3M military earplugs are made of green and yellow with a double-ended design.3M owes $58 million to two veterans in latest combat earplug trials. 3M on appeal says first trial in massive earplug litigation went 'off the rails' 3M hit with $110 million verdict in latest U.S ...June 2022 Update. A Florida federal jury awarded $77.5M to James Beal, a U.S. Military Veteran, who alleged the faulty 3M earplugs caused permanent hearing loss. Beal, who was diagnosed with bilateral tinnitus and noise-induced hearing loss, was awarded $72.5M in punitive damages and $5M in compensatory damages.June 26, 2022 9:30 am ET. Listen. (2 min) A lawyer for 3M says the earplugs were ‘designed based on our collaboration with the military,’ which is now using newer versions of the product ...3M earplugs caused hearing loss. Company will settle lawsuit for $6 billion. 3M has agreed to pay more than $6 billion to consumers and military members who alleged the company's ear plugs were ...3M Earplug Lawsuit Latest News & Update July 1, 2022 - 3M faces potentially $7.63 billions in lawsuits over earplugs. 3M to begin court-ordered settlement talks over military earplugs, following lawsuits by thousands of soldiers.A 2016 whistleblower lawsuit against 3M company exposed this negligence for the first time. They were accused of knowingly selling defective earplugs that damaged the hearing of thousands of soldiers. 3M tried to quickly (and quietly) settle without admitting liability by paying $9.1 million to the US Department of Justice.A 2016 whistleblower lawsuit against 3M company exposed this negligence for the first time. They were accused of knowingly selling defective earplugs that damaged the hearing of thousands of soldiers. 3M tried to quickly (and quietly) settle without admitting liability by paying $9.1 million to the US Department of Justice.Oct 11, 2022 · The litigation, which started back in 2018, after a whistle-blower filed a lawsuit against 3M (MMM) revealing allegations that 3M (MMM) and its subsidiary, Aearo Technologies, had knowingly sold defective dual-ended Combat Arms earplugs to the United States Military. This case resulted in a $9.1m (£8.2m) settlement with the Department of ... Nov 28, 2022 · The case is Luke Vilsmeyer et al. v. 3M Co. et al., case number 7:20-cv-00113, and the MDL is In re: 3M Combat Arms Earplug Products Liability Litigation, case number 3:19-md-02885, both in the U ... April 30 (Reuters) - 3M Co (MMM.N) was found liable on Friday for hearing damage suffered by three U.S. military veterans who accused the company of covering up design defects in its earplugs, a ...Law Firms. Third bellwether trial in Pensacola results in $1.7 million against 3M. Jury finds 3M liable for 62% and plaintiff 38% liable. (Reuters) - A federal jury on Friday found that 3M Co ...Minnesota veterans blame 3M’s ‘defective’ ear plugs for hearing damage. 3M to pay $2.2M in latest ‘defective’ earplugs lawsuit. Mediation ordered to begin in 3M lawsuit.Jan 3, 2023 · January 2023 update. A recent lawsuit filed by plaintiff Anthony F. Ascanio (Ascanio v. 3M Company et al.) has provided a clearer picture of the manufacturer’s serious responsibilities in damaging the soldiers’ hearing. According to the accusations, Aearo lied on the earplugs’ ability to protect against sudden sounds and conduced sham ... Key Points. 3M must face more than 230,000 lawsuits accusing it of selling defective earplugs to the U.S. military, after a U.S. judge on Friday ruled that the bankruptcy of a subsidiary did not ...Jan 3, 2023 · January 2023 update. A recent lawsuit filed by plaintiff Anthony F. Ascanio (Ascanio v. 3M Company et al.) has provided a clearer picture of the manufacturer’s serious responsibilities in damaging the soldiers’ hearing. According to the accusations, Aearo lied on the earplugs’ ability to protect against sudden sounds and conduced sham ... 3M competitor Moldex-Metric, Inc. in 2016 filed a whistleblower lawsuit against 3M claiming the company knew the CAEv2 earplugs it sold to the government between 2003 and 2015 did not meet the ...Aug 29, 2023 · Minnesota veterans blame 3M’s ‘defective’ ear plugs for hearing damage. 3M to pay $2.2M in latest ‘defective’ earplugs lawsuit. Mediation ordered to begin in 3M lawsuit. 2023-06-30 - The Combat Arms Earplugs Version 2 (CAEv2) was manufactured by Aearo Technologies, Inc. prior to being taken over by 3M in 2008. The dual-ended 3M CAEv2 combat earplugs served as a standard form of military hearing protection in foreign conflicts for more than a decade, from 2002 to 2016. The 3M military earplugs are made of green and yellow with a double-ended design.According to Bloomberg, 3M’s stock valuation relative to its competitors implies a discount of about $33 billion due to its earplug lawsuits – 3M shares are worth 19% less than they were in July 2018. After the most recent $110 million settlement, 3M stock prices fell 4% in the days following.A 3M Co subsidiary on Wednesday criticized the way federal courts have handled 290,000 consolidated lawsuits over allegedly defective earplugs it made for the U.S. military, saying that the ...The litigation, which started back in 2018, after a whistle-blower filed a lawsuit against 3M (MMM) revealing allegations that 3M (MMM) and its subsidiary, Aearo Technologies, had knowingly sold defective dual-ended Combat Arms earplugs to the United States Military. This case resulted in a $9.1m (£8.2m) settlement with the Department of ...May 8, 2023 · Philips CPAP Lawsuit Update. ... Military service members between 2003 and 2015 may be eligible for a 3M earplug lawsuit payout over hearing damage or tinnitus. Find out if you may be eligible for ... December 21, 2021: The 9th bellwether trial in the 3M earplug lawsuit concluded with a defense verdict last week. The jury determined that Carlos Montero did not prove that 3M’s earplugs were to blame for his hearing loss and gave a verdict in favor of the defense. This victory for 3M in the earplugs lawsuits is only a week after 3Ms most ... 3M Co on Friday urged a U.S. appeals court to bring to an end lawsuits by service members who say combat earplugs it sold were defective and caused their hearing damage, because the military was ... 3M Earplug Settlement Update. by Ronald V. Miller, Jr. Over 288,000 plaintiffs have filed a 3M earplug lawsuit against 3M alleging that the company’s Combat Arms earplugs were defective and failed to protect them from hearing damage. The 3M earplug lawsuits have been consolidated into the largest “class action” MDL in history – the 3M ...Get the latest 3M earplug lawsuit updates. Thousands of military service members have sued 3M, claiming the earplugs were defective and led to hearing issues.3M has won five trials. (Reuters) - 3M Co has asked a federal judge to require tens of thousands of plaintiffs who have claimed that the company's military-issue earplugs damaged their hearing as ...Aug 29, 2023 · FILE - The logo for 3M appears on a screen above the trading floor of the New York Stock Exchange, Oct. 24, 2017. 3M, on Tuesday, Aug. 29, 2023, has agreed to pay $6 billion to settle numerous ... 3M Co. had good reason to bet that it could use U.S. bankruptcy laws to shield itself from a mountain of personal-injury lawsuits filed over its allegedly defective military earplugs.The litigation, which started back in 2018, after a whistle-blower filed a lawsuit against 3M (MMM) revealing allegations that 3M (MMM) and its subsidiary, Aearo Technologies, had knowingly sold defective dual-ended Combat Arms earplugs to the United States Military. This case resulted in a $9.1m (£8.2m) settlement with the Department of ...Aug 28 (Reuters) - 3M (MMM.N) on Monday agreed to pay $6.01 billion to settle nearly 260,000 lawsuits by current and former U.S. military service members who say they suffered hearing loss from...May 1, 2023 · 3M Co. parried questions Monday from judges on an Eleventh Circuit panel who seemed open to affirming four veterans’ hearing-loss verdicts and a crucial, underlying lower-court ruling denying immunity for defects in the company’s combat earplugs. The case could knock out all of the suits in the potentially billion-dollar litigation if 3M ... 3M owes $58 million to two veterans in latest combat earplug trials. 3M on appeal says first trial in massive earplug litigation went 'off the rails' 3M hit with $110 million verdict in latest U.S ...October 14, 2022 Update: The U.S. Court of Appeals for the 7th Circuit has agreed to an expedited review of 3M’s appeal of the bankruptcy court decision that effectively blocked 3M from pulling the 230,000 earplug lawsuits into bankruptcy.3M has won five trials. (Reuters) - 3M Co has asked a federal judge to require tens of thousands of plaintiffs who have claimed that the company's military-issue earplugs damaged their hearing as ...August 2023 Update: A 3M earplug lawsuit settlement was reached on August 28, 2023, providing roughly $6 billion in funds to resolve allegations raised in more than 250,000 lawsuits filed by U.S ...Law Firms. (Reuters) - A federal judge has slashed a jury award to a U.S. Army veteran who said his hearing was damaged by combat earplugs sold by 3M Co to the military from $55 million to $21.7 ...Latest 3M Earplug Lawsuit Updates. As of August 3, 2023, there were 257,449 3M Combat Arms Earplug lawsuits pending out of the 339,510 that were originally filed. June 2023: A federal judge denied 3M’s Chapter 11 bankruptcy filing in military earplug lawsuits. May 2023: According to the minutes of mediation proceedings of the second day of ...3M "negotiated a pretty good deal for itself" in the earplugs case, says one expert. 3M Co. has tentatively agreed to pay more than $5.5 billion to resolve over 300,000 lawsuits claiming it sold ...Aug 28, 2023 · After the announcement in July 2018 that 3M paid the DOJ $9.2 to settle the qui tam lawsuits alleging that it sold defective earplugs to Army, thousands of veterans who had been living with hearing damage began filing product liability lawsuits against 3M. The lawsuits alleged that these veterans suffered hearing damage because of the defective ... Aug 2, 2022 · Philips CPAP Lawsuit Update. ... Military service members between 2003 and 2015 may be eligible for a 3M earplug lawsuit payout over hearing damage or tinnitus. Find out if you may be eligible for ... In this video, we will explain the current status of the 3M earplug lawsuits and the status of settlement negotiations. https://www.millerandzois.com/combat-...Aug 29, 2023 · Roughly 260,000 lawsuits have been filed over the earplugs. 3M has agreed to pay $6 billion to settle about 260,000 lawsuits claiming that earplugs that US troops were issued between 2003 and 2015 ... Aug 30, 2023 · The 3M earplugs lawsuit has been settled by the manufacturing company after agreeing to pay the $6 billion settlement. The Minnesota-based chemical and consumer product manufacturer has been accused of selling faulty earplugs to U.S. service members. However, despite paying billions of dollars, 3M still denied that its earplugs have faulty designs. As of October 2022, over 250,000 lawsuits have been filed against 3M by U.S. military veterans, current service members, and others, alleging that the design of 3M Combat Arms earplugs was defective. The plaintiffs claim they suffered hearing loss and tinnitus caused by defective earplug use. Related Article: 3M Earplug Lawsuits Info.The first 3M earplug MDL trial (called a "bellwether trial") happened in early 2021. The bellwether trial process is supposed to save resources, promote efficiency, and potentially lead to a global settlement of the roughly 260,000 lawsuits joined in the MDL action. Now let's take a closer look at factors that have the biggest impact on how ... 3M earplugs caused hearing loss. Company will settle lawsuit for $6 billion. 3M has agreed to pay more than $6 billion to consumers and military members who alleged the company's ear plugs were ...As of October 2022, over 250,000 lawsuits have been filed against 3M by U.S. military veterans, current service members, and others, alleging that the design of 3M Combat Arms earplugs was defective. The plaintiffs claim they suffered hearing loss and tinnitus caused by defective earplug use. Related Article: 3M Earplug Lawsuits Info.Aug 27, 2023 · 3M "negotiated a pretty good deal for itself" in the earplugs case, says one expert. 3M Co. has tentatively agreed to pay more than $5.5 billion to resolve over 300,000 lawsuits claiming it sold ... 3M Earplug Settlement Update. by Ronald V. Miller, Jr. Over 288,000 plaintiffs have filed a 3M earplug lawsuit against 3M alleging that the company’s Combat Arms earplugs were defective and failed to protect them from hearing damage. The 3M earplug lawsuits have been consolidated into the largest “class action” MDL in history – the 3M ...Aug 29, 2023 · FILE - The logo for 3M appears on a screen above the trading floor of the New York Stock Exchange, Oct. 24, 2017. 3M, on Tuesday, Aug. 29, 2023, has agreed to pay $6 billion to settle numerous ... Apr 4, 2023 · Federal appeals court judges on Tuesday appeared skeptical of 3M's bid to use the bankruptcy of its subsidiary Aearo Technologies to shield itself from nearly 260,000 lawsuits over allegedly ... Aug 30, 2023 · New York CNN — 3M has agreed to pay $6 billion to resolve roughly 300,000 lawsuits alleging that the manufacturing company supplied faulty combat earplugs to the military that resulted in... Joint agenda to be posted on 3M MDL website; Court's expectations regarding individual counsel for bellwether plaintiffs; Choice of Law Committee and chart; Depositions of Government witnesses live calendar; Document stipulations to narrow scope of case-specific bellwether depositions; Other discovery matters. August 27, 2020: Pretrial Order No. 52Apr 7, 2022 · 3M owes $58 million to two veterans in latest combat earplug trials. 3M on appeal says first trial in massive earplug litigation went 'off the rails' 3M hit with $110 million verdict in latest U.S ... 3M’s $6 Billion Earplug Accord Risks Failure If Veterans Reject Deal. Thousands per veteran may not be enough given hearing loss; Injured ex-service members won $265 million in early trialsThe U.S. District Judge presiding over all 3M earplug hearing loss lawsuits has scheduled a “Data Day” for February 23, at which time a neutral third party will publicly present an analysis of ...ST. PAUL, Minn., March 1, 2023 /PRNewswire/ -- U.S. Department of Defense records for more than 175,000 plaintiffs show that the vast majority of claimants in Combat Arms earplug litigation have normal hearing under medically accepted standards.During a 2016 whistleblower lawsuit against 3M, documents revealed 3M knew about the design flaws of the product. In the 2016 suit, 3M settled with the government and paid $9.1 million without ...3:02. 3M Co. has racked up more than $450 million in defense costs as it struggles to fend off allegations defective earplugs it sold to the US military harmed soldiers’ hearing, court filings ...May 9, 2022 · The lawsuits claim 3M’s combat arms earplug version 2, which was dual-sided, could imperceptibly slip in the ear canal and exposed the wearer to damage, including hearing loss or tinnitus. A 3M Co subsidiary on Wednesday criticized the way federal courts have handled 290,000 consolidated lawsuits over allegedly defective earplugs it made for the U.S. military, saying that the ...Earplug manufacturer 3M announced Tuesday, July 26, 2022, that the company has set aside more than $1 billion to resolve the more than 290,000 pending cases from veterans who claim the company’s ...

Apr 7, 2022 · 3M owes $58 million to two veterans in latest combat earplug trials. 3M on appeal says first trial in massive earplug litigation went 'off the rails' 3M hit with $110 million verdict in latest U.S ... . Rosenpercent27s diversified

3m earplugs lawsuit update

Jan 3, 2023 · January 2023 update. A recent lawsuit filed by plaintiff Anthony F. Ascanio (Ascanio v. 3M Company et al.) has provided a clearer picture of the manufacturer’s serious responsibilities in damaging the soldiers’ hearing. According to the accusations, Aearo lied on the earplugs’ ability to protect against sudden sounds and conduced sham ... October 2022 3M Earplug Settlement Update. ... With the average 3M earplug lawsuit payout per person likely to range widely depending on the extent and duration of each veteran’s hearing loss ...The Department of Defense brought allegations against 3M for selling dangerous and defective Combat Arms Ears™ and 3M paid $9.1 million to resolve the claim (CAEv2). However, no help or compensation has yet been provided to the actual service members who suffered the damaging effects of the defective earplugs and have experienced hearing loss ...Oct 11, 2022 · The litigation, which started back in 2018, after a whistle-blower filed a lawsuit against 3M (MMM) revealing allegations that 3M (MMM) and its subsidiary, Aearo Technologies, had knowingly sold defective dual-ended Combat Arms earplugs to the United States Military. This case resulted in a $9.1m (£8.2m) settlement with the Department of ... Aug 10, 2022 · Aearo filed for bankruptcy on July 26 and said it had committed $1 billion to resolve the earplug litigation. In a motion filed last Thursday, veteran Guy Cupit argued that 3M, which has not ... Latest 3M Earplug Lawsuit Updates. As of August 3, 2023, there were 257,449 3M Combat Arms Earplug lawsuits pending out of the 339,510 that were originally filed. June 2023: A federal judge denied 3M’s Chapter 11 bankruptcy filing in military earplug lawsuits. May 2023: According to the minutes of mediation proceedings of the second day of ...Dec 27, 2022 · January 2023 3M Earplug Lawsuit Update. While any appeal of this ruling is pursued, Judge Rodgers has previously ordered the parties to continue engaging in 3M earplug settlement talks, requiring ... Aug 3, 2021 · Plaintiff lawyers claim Combat Arms 2 earplugs distributed to service members from 2008 to 2015 were defective due to poor design and because 3M failed to provide adequate instructions. 3M says ... May 22, 2023 · A federal judge has ordered 3M Co CEO Michael Roman to attend mediation aimed at resolving nearly 260,000 lawsuits alleging that 3M military earplugs caused hearing loss, saying the negotiations ... 3M has lost 10 of the 16 earplug cases that have gone to trial so far, with about $265 million being awarded in total to 13 plaintiffs. 3M's bankruptcy strategy mirrors a similar effort by Johnson ...Aug 10, 2022 · Aearo filed for bankruptcy on July 26 and said it had committed $1 billion to resolve the earplug litigation. In a motion filed last Thursday, veteran Guy Cupit argued that 3M, which has not ... Feb 3, 2023 · 3M Earplugs Lawsuit Updates (2023) On January 7, 2023, 3M reported spending $450 million in attorney’s fees for their lawsuit defense. So, this type of claim has far-reaching consequences for 3M. While reports on January 6, 2023, stated that the lawsuit was in limbo, the new claims brought forward kept emerging – 12 on January 6th and 30 ... A 3M Co subsidiary on Wednesday criticized the way federal courts have handled 290,000 consolidated lawsuits over allegedly defective earplugs it made for the U.S. military, saying that the ...The lawsuits claim 3M’s combat arms earplug version 2, which was dual-sided, could imperceptibly slip in the ear canal and exposed the wearer to damage, including hearing loss or tinnitus.Red November 3, 2022 at 10:30 pm. James, your lawyer isn't wrong. Initially, 3M offered $1 billion and the lawyers rejected the offer. If you divide $1 billion into the 230,000 claimants, you are ...Dec 23, 2022 · Saying 3M has engaged in “bad faith manipulation,” a federal judge quashed the company’s effort to shift responsibility for an avalanche of military earplug lawsuits to a bankrupt subsidiary. .

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