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 […]
Increase in tobacco use among underaged U.S. youth parallels 1990s epidemic, before tobacco control policies were implemented A 2017 surge in e-cigarette sales is associated with the introduction of a high-nicotine e-cigarette manufactured by JUUL. More than 1 million United States youth aged 14 to 17 years old in 2017 became new daily tobacco users […]
Vape pen maker Juul has agreed to settle another state lawsuit alleging that it targeted minors with its marketing. It will pay $22.5 million and undertake measures to prevent underage use and sales to settle a suit filed by Washington Attorney General Bob Ferguson in September 2020. Juul admits no wrongdoing under the settlement, though it told […]
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 […]
The company funded experiments on mostly Black men comparing the effects of talc and asbestos on their skin. By Jef Feeley March 7, 2022, 7:00 AM PSTUpdated onMarch 7, 2022, 10:30 AM PST More than 50 years ago, nearly a dozen men incarcerated outside of Philadelphia enrolled in an experiment funded by Johnson & […]
Feb 25 (Reuters) – A U.S. judge ruled on Friday that a Johnson & Johnson (JNJ.N) subsidiary can remain in bankruptcy, preventing plaintiffs from pursuing 38,000 lawsuits against the company alleging its baby powder and other talc products cause cancer. J&J’s stock rose more than 5%, its biggest one-day gain since the start of the pandemic in […]
(Bloomberg) — The controversial Johnson & Johnson bankruptcy strategy that’s drawn the ire of Congress faces a fresh trial this week, with the consumer products giant arguing that settling billions of dollars of talc liabilities in a single case is better for cancer victims than fighting thousands of individual claims. J&J begins a week-long court […]
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 […]