Johnson & Johnson said it is weighing a third attempt to use bankruptcy for an $8.9 billion settlement of tens of thousands of lawsuits that allege tainted talc in the company’s baby powder caused cancer. Erik Haas, J&J’s lawyer in charge of litigation, said during the company’s earnings call Tuesday that the world’s largest maker […]
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 & […]
By Christina Jewett for The New York Times The deal is the latest in the company’s efforts to resolve litigation over its marketing of products that some contend fueled the teenage vaping crisis. Juul Labs announced on Tuesday that it had agreed to settle about 5,000 lawsuits in a Northern California court case for an undisclosed […]
By Emily Field Embattled Juul’s consideration of Chapter 11 reorganization comes as challenges mount for the e-cigarette giant on multiple legal and regulatory fronts. These challenges include a recent $438 million settlement with 30-plus states about targeting teens with ads, U.S. Food and Drug Administration setbacks about marketing its vape products and a bellwether trial to begin next month […]
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 […]