Durbin: Johnson & Johnson Is Avoiding Accountability To Customers Who Got Cancer

Posted on Posted in Talcum Powder Cancer Link

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 […]

J&J tried to worm its way out of paying $3.5BN to victims of cancer-causing baby talc by forming a new company and declaring BANKRUPTCY and then tried to GAG journalists from reporting it

Posted on Posted in Talcum Powder Cancer Link

J&J secretly launched ‘Project Plato’ last year to shift liability from about 38,000 pending Baby Powder talc lawsuits to a newly created subsidiary The subsidiary company, LTL, was then put into bankruptcy in October in order for J&J to limit its financial exposure to the lawsuits  Company said it placed LTL into bankruptcy to settle those claims rather […]

Bankruptcy Experts Join Call to Dismiss J&J Talc Chapter 11

Posted on Posted in Talcum Powder Cancer Link

(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 […]

U.S. judge tosses $4.5 bln deal shielding Sacklers from opioid lawsuits

Posted on Posted in Opioids

NEW YORK, Dec 16 (Reuters) – A federal judge overturned a roughly $4.5 billion settlement that legally shielded members of the Sackler family who stand accused of helping fuel the U.S. opioid epidemic, a decision that threatened to upend the bankruptcy reorganization of their company, OxyContin maker Purdue Pharma LP. U.S. District Judge Colleen McMahon […]

J&J Talc Claimants Vow To End Unit’s ‘Bad Faith’ Ch. 11 Case

Posted on Posted in Talcum Powder Cancer Link

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 […]

U.S. House Panel Seeks J&J Documents on Baby Powder Bankruptcy Plans

Posted on Posted in Talcum Powder Cancer Link

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 […]

J&J Exploring Putting Talc Liabilities Into Bankruptcy

Posted on Posted in Talcum Powder Cancer Link

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 […]