A judge threw out the second bankruptcy case that Johnson & Johnson filed to resolve its mass talc liabilities, a victory for injury claimants who rejected the $8.9 billion offer
A bankruptcy judge rejected J&J’s pursuit of an $8.9 billion settlement in chapter 11 to resolve mass talc liabilities Judge Michael Kaplan said affiliate LTL Management wasn’t in sufficient financial distress to warrant granting it the legal protections of chapter 11.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Johnson & Johnson effort to resolve talc cancer lawsuits in bankruptcy fails a second timeThe decision jeopardizes J&J's proposed $8.9 billion settlement that would stop new lawsuits over its talc baby powder and other products from being filed.
Read more »
J&J effort to resolve talc lawsuits in bankruptcy fails a second timeA U.S. judge on Friday shot down Johnson & Johnson's 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.
Read more »
Will Trea Turner continue to bat second when he returns to the Phillies’ lineup?Dropping Turner in the lineup seemed to work earlier this season, and it could be an option again for Rob Thomson on Friday.
Read more »
Del Mar president: Jockey's mid-race removal from track a 'split-second decision'Jockey Abel Cedillo suffered a broken bone in his neck following single-horse spill on Sunday, is expected to miss 4-6 weeks
Read more »
Brazil's Petrobras oil output dips slightly in second quarterBrazilian state-run oil company Petrobras said on Wednesday its second-quarter crude oil production fell 0.6% compared to the same period last year.
Read more »
Big global brands drove supplier prices higher in second quarter: LoblawLarge global suppliers are driving costs higher for Loblaw Companies Ltd., the firm said as it released earnings for the second quarter that showed profits up…
Read more »