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    JnJ talc unit faces skepticism on bankruptcy settlement support

    JnJ talc unit faces skepticism on bankruptcy settlement support

    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

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    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

    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

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    Johnson & Johnson proposes USD 8.9 billion settlement for talc cancer claims

    US pharmaceutical giant Johnson & Johnson on Tuesday proposed an $8.9 billion settlement to resolve years-old lawsuits claiming that its talcum powder products caused cancer. The New Jersey-based company said the proposed settlement, which still needs the approval of a bankruptcy court, “will equitably and efficiently resolve all claims arising from cosmetic talc litigation.” For […] More

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    JnJ proposes USD 8.9 billion settlement of talc cancer claims

    US: US pharmaceutical giant Johnson & Johnson on Tuesday proposed an $8.9 billion settlement to resolve years-old lawsuits claiming that its talcum powder products caused cancer. The New Jersey-based company said the proposed settlement, which still needs the approval of a bankruptcy court, “will equitably and efficiently resolve all claims arising from cosmetic talc litigation.” […] More

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    Bayer defeats Merck in lawsuit over talc liabilities

    US: A Delaware judge on Monday dismissed Merck & Co’s lawsuit seeking to hold Bayer AG responsible for more talc-related liabilities stemming from its $14.2 billion purchase of Merck’s consumer care business in 2014. Vice Chancellor Nathan Cook of the Delaware Chancery Court said the purchase agreement “clearly and unambiguously” left Merck liable for claims related to […] More