Information from the ABS website
"TH is a disorder of multiple congenital defects seen in calves. Translated, the name refers to absence of all or part of the tibia (tibia = the bone between the knee and ankle in humans or the stifle and hock in cattle and hemimelia = absence of all or part of a limb). But TH encompasses more defects that the name implies. TH is lethal, as the calf may be born dead, but if not dead the condition is incompatible with life. These valves have large abdominal hernias (weakening of the abdominal muscles that allows intestinal contents to bulge out), twisted legs sometimes with absent or deformed bones. They may be cryptorchid (undescended testicles), have meningocele (defect in the skull with tissue coming out) and a long shaggy hair coat.
TH was first described in Galloway cattle in the 1960's and in Shorthorn cattle in 2000. Since that time hundreds of calves with TH have been identified. Studying the pedigrees of affected and unaffected cattle has lead to the conclusion that TH is a recessive disorder. For the calf to be effected, it must have inherited the defective gene from both parents.
There is a DNA test for TH, Carriers are listed on both the Shorthorn and Maine Anjou websites."
I would recommend getting a DNA sample from the calf. It may not be TH, but I would bet it is a recessive defect. If there is not a test available now, there may be one in the future. Testing enables you to identify carriers and breed or cull accordingly. Without testing you may need to get rid on an entire line of cattle to avoid risks, but testing allows you to identify animals that don't carry the defective gene.