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, […]
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 […]
Johnson & Johnson has filed two lawsuits against four doctors who published studies claiming a link between talcum powder and mesothelioma, an asbestos-related cancer. The suits were filed by LTL Management, a Johnson & Johnson subsidiary created to hold liabilities related to Johnson & Johnson’s Baby Powder and Shower to Shower products in bankruptcy. The lawsuits allege […]
By Dietrich Knauth (Reuters) -A Johnson & Johnson company cannot delay a court order dismissing its bankruptcy, a U.S. court said on Friday, despite the company’s planned Supreme Court appeal to use bankruptcy to resolve tens of thousands of lawsuits over its talc products. J&J sought to use the bankruptcy of its subsidiary company, LTL […]
March 22 2023 (Reuters) – Johnson & Johnson said on Wednesday that it would ask the U.S. Supreme Court to revive its effort to resolve tens of thousands of lawsuits over its talc products through the bankruptcy of a subsidiary, after an appeals court refused to reconsider its ruling that the bankruptcy was improper. J&J […]
The company faces some 40,000 plaintiffs that claim its baby powder caused cancer. A federal appeals court on Monday rejected a bankruptcy filing by a Johnson & Johnson subsidiary, dealing a setback to the company’s attempt to limit its exposure to a flood of lawsuits over its talcum-powder products. More than 40,000 plaintiffs have sued Johnson & […]
Johnson & Johnson on Thursday said it will switch to selling cornstarch-based baby powder, halting global sales of its talcum-based powders that have been the focus of tens of thousands of injury claims alleging the talc causes ovarian cancer and mesothelioma. J&J in 2020 halted sales of talc-based products in the U.S. and Canada, citing a decline in […]
J&J subsidiary prefers to estimate value of talc claims in bankruptcy court Bankruptcy judge said he’s talked with other courts about re-opening cases Judge also approved hiring appellate attorney at “groundbreaking” $2,465 hourly rate (Reuters- By Dietrich Knauth) – A U.S. bankruptcy judge said Tuesday that he may allow some lawsuits that accuse Johnson & Johnson […]
(Reuters) – The United States is objecting to a Johnson & Johnson subsidiary’s bid to add Hogan Lovells partner Neal Katyal to its legal team in a high-stakes bankruptcy case, citing his hourly rate of $2,465 — a possible new legal industry high. Johnson & Johnson is using the proceedings to try to resolve claims […]
40 states sought to participate in ongoing mediation with cancer plaintiffs States said their consumer protection claims could be worth trillions of dollars A new mediator will be appointed by May 24 (Reuters) – U.S. states that claim that Johnson & Johnson violated consumer protection laws should mediate their dispute with a unit of the […]