Aearo Technologies LLC – 3M Puts Subsidiaries into Bankruptcy as Exposure to Defective Military Earplug Litigation Mounts, Will Record $1.2bn Pre-Tax Charge to Fund Trust and Case Expenses
July 26, 2022 – Aearo Technologies LLC and six affiliated debtors (together “Aereo Technologies” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District of Indiana, lead case No. 22-02890 (Judge TBD). The Debtors, wholly-owned subsidiaries of 3M (NYSE: MMM), are represented by Jeffrey A. Hokanson of Ice…