Why would a non corrupt judge allow this “transfer of liabilities”?

> In June 2021, one such lawsuit resulted in an appeals court in Missouri ordering the company to pay $2.1 billion to the claimants. Later that year, the company used a divisive merger to create a new subsidiary called LTL Management LLC, transferring its talcum-related liabilities to that subsidiary along with a $2 billion trust intended to provide funding for any potential future claims against LTL.