Minerals Technologies talc subsidiaries file Chapter 11 to resolve liabilities

MINERALS TECHNOLOGIES INC

Two subsidiaries (Barretts Minerals Inc., Barretts Ventures Texas LLC) filed voluntary Chapter 11 in S.D. Texas.
Parent MTX says no other subsidiaries or units included; all operate normally.
Debtors plan Section 363 sale of talc assets; proceeds to fund case and proposed 524(g) trust.
Debtors secured $30M DIP financing from JMB Capital Partners for liquidity during process.
CEO states lawsuits are meritless; filing is step to efficiently resolve talc liabilities.

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