Supreme Court Pauses Opioid Settlement With Sacklers Pending Review

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By Abbie VanSickle New York Times, Reporting from Washington A federal appeals court had signed off on the agreement, which would shield members of the wealthy Sackler family from opioid-related lawsuits in exchange for $6 billion for victims. The Supreme Court agreed on Thursday to consider the government’s challenge of a bankruptcy settlement involving Purdue Pharma, […]

J&J effort to resolve talc lawsuits in bankruptcy fails a second time

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NEW YORK, July 28 (Reuters) – A U.S. judge on Friday shot down Johnson & Johnson’s (JNJ.N) second attempt to resolve tens of thousands of lawsuits over its talc products in bankruptcy, imperiling a proposed $8.9 billion settlement that would stop new lawsuits from being filed. U.S. Bankruptcy Judge Michael Kaplan in Trenton, New Jersey, ruled that […]