WASHINGTON – U.S. Senate Majority Whip Dick Durbin (D-IL), Chair of the Senate Judiciary Committee, delivered remarks at the Subcommittee on Federal Courts, Oversight, Agency Action, and Federal Rights hearing on “Abusing Chapter 11: Corporate Efforts to Side-Step Accountability Through Bankruptcy.” During his remarks, Durbin called out Johnson & Johnson for using a corporate bankruptcy […]
(Reuters) – A group of bankruptcy law professors are looking to weigh in on Johnson & Johnson’s use of the bankruptcy system to settle lawsuits alleging that its talc products cause cancer, calling the strategy a “serious abuse.” The group filed court papers on Tuesday seeking approval to submit a “friend of the court” brief in support […]
Law360 (November 22, 2021, 6:59 PM EST) — Cancer patients seeking to hold Johnson & Johnson liable for asbestos-tainted talcum powder plan to fight a “bad faith” Chapter 11 case they say was launched solely to stave off about 38,000 lawsuits, a New Jersey bankruptcy court heard Monday. During a conference in the Chapter 11 case […]
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 […]
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 […]