Law360 (October 14, 2021, 6:29 PM EDT) — Johnson & Johnson said Thursday that it has sought Chapter 11 protection in North Carolina bankruptcy court for LTL Management, the subsidiary it has newly spun off to hold its cosmetic talc liability. J&J said Thursday that it was seeking Chapter 11 protection for the newly spun off subsidiary […]
July 28 (Reuters) – A U.S. congressional panel has asked Johnson & Johnson (JNJ.N) to provide it all documents related to the company’s plans to put its talc liabilities into bankruptcy, according to a letter sent on Wednesday and seen by Reuters. Democrat Raja Krishnamoorthi, chairman of the U.S. House of Representatives Committee on Oversight and Reform’s […]
July 18 (Reuters) – Johnson & Johnson (JNJ.N) is exploring a plan to offload liabilities from widespread Baby Powder litigation into a newly created business that would then seek bankruptcy protection, according to seven people familiar with the matter. During settlement discussions, one of the healthcare conglomerate’s attorneys has told plaintiffs’ lawyers that J&J could pursue the […]
By Hannah Albarazi A California appellate panel appeared skeptical Tuesday of Johnson & Johnson‘s summary judgment win in an asbestos-talc case, questioning the trial judge’s decision to preclude plaintiffs’ experts’ reliance on third-party testing finding asbestos in consumer talc and pressing J&J to explain its “magical” process for filtering out asbestos particles. All three judges on the […]
(Law360) A U.S. Supreme Court ruling holding that Ford can be held liable for alleged defects in cars originally sold outside a plaintiff’s home state and a ruling wiping out hundreds of cases alleging GlaxoSmithKline’s anti-nausea drug Zofran causes birth defects are among Law360’s top cases for the first six months of 2021. And while […]
WASHINGTON (AP) — The U.S. on Tuesday recommended a “pause” in use of the single-dose Johnson & Johnson COVID-19 vaccine to investigate reports of rare but potentially dangerous blood clots, setting off a chain reaction worldwide and dealing a setback to the global vaccination campaign. The Centers for Disease Control and Prevention and the Food […]
JACKSON, Miss. –– Mississippi’s highest court will allow the state’s lawsuit against Johnson & Johnson for alleged mislabeling of talcum powder products to proceed, concluding that the underlying claims are neither preempted nor excluded under the Mississippi Consumer Protection Act. In the April 1 opinion, the Mississippi Supreme Court concluded that “the Food and Drug […]
By Jef Feeley Johnson & Johnson said it set aside almost $4 billion to cover the biggest verdict against the company over its Baby Powder and other settlements while it’s appealing the 2018 loss to the U.S. Supreme Court. In a Monday securities filing, J&J said it was taking a “litigation expense of $3.9 billion” related […]
Forbes, Kori Hale Facing almost 20,000 lawsuits by women who blame Johnson & Johnson’s talcum powder for causing cancer finally has a $100 million settlement from the manufacturer. The company agreed to settle 1,000 of these cases in bulk. Despite growing concerns of carcinogenic agents, the products giant continued to market and sell its baby […]
Johnson & Johnson has agreed to pay more than US$100 million to resolve over 1,000 lawsuits blaming its baby powder for causing cancer, in the first set of major settlements in four years of litigation, people with knowledge of the pacts said. The accords, struck with several law firms, signal that the world’s largest maker […]