bankruptcy

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  • in Health care

    JnJ talc unit faces skepticism on bankruptcy settlement support

    JnJ talc unit faces skepticism on bankruptcy settlement support

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    US: A Johnson & Johnson company on Tuesday defended its second attempt to resolve talc lawsuits in bankruptcy, telling a U.S. judge it can quickly build consensus around its $8.9 billion settlement offer despite doubts about its assertion that 60,000 plaintiffs would support the deal. The proposed settlement has divided lawyers representing cancer victims, many of […] More

  • in Health care

    Johnson and Johnson talc unit 2nd bankruptcy must be dismissed, cancer victims’ lawyers say

    Johnson and Johnson talc unit 2nd bankruptcy must be dismissed, cancer victims' lawyers say

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    US: Johnson & Johnson’s second attempt to resolve talc lawsuits in bankruptcy should be dismissed as an unprecedented fraud designed to deny plaintiffs just compensation, lawyers representing cancer victims argued in a Monday court filing. The attorneys contend J&J defied a January appeals court rejection of its first attempt to settle the litigation, noting that […] More