J&J subsidiary files for bankruptcy to advance $8 billion talc settlement
A Johnson & Johnson subsidiary filed for bankruptcy for a third time on Friday as the healthcare giant seeks to advance an approximately $8 billion proposed settlement that would end tens of thousands of lawsuits alleging that the company’s baby powder and other talc products caused cancer.
J&J unit files for bankruptcy to advance $10 billion talc settlement
A Johnson & Johnson subsidiary filed for bankruptcy for a third time on Friday as the healthcare giant seeks to advance an approximately $10 billion proposed settlement that would end tens of thousands of lawsuits alleging that the company's baby powder and other talc products caused cancer.
J&J's Subsidiary Red River Talc Files For Chapter 11 Bankruptcy To Resolve Ovarian Cancer Claims
Johnson & Johnson (JNJ) announced that its subsidiary, Red River Talc LLC, has voluntarily filed for a prepackaged Chapter 11
Johnson & Johnson unit seeks third Chapter 11 bankruptcy filing to settle talc claims
A Johnson & Johnson (NYSE:JNJ) subsidiary, Red River Talc, that has been formed to handle claims related to the healthcare giant's talc-based products, filed a voluntary prepackaged Chapter 11 bankruptcy case Friday to resolve current and future claims linked to ovarian cancer.
J&J Unit Seeks Chapter 11 Bankruptcy for Third Time Over Baby Powder Suits
Johnson & Johnson said it received overwhelming support for a roughly $8 billion settlement of claims that its talc-based baby powder caused cancer, a key step as the company makes its third attempt to resolve thousands of lawsuits in bankruptcy court.
Johnson & Johnson Files Third Bankruptcy Case Seeking to End Talc Lawsuits
The healthcare-products company is taking another shot at resolving mass cancer lawsuits in chapter 11 after two failed attempts.
J&J Lifts Baby Powder Settlement Bid to More than $8.2 Billion
Johnson & Johnson has boosted to more than $8.2 billion its offer to settle thousands of lawsuits by people who say its baby ...
Cosmetics Business4d
J&J’s $260 million talc lawsuit verdict overturned
Oregon resident Kyung Lee won the litigation against J&J in June 2024, but the verdict has now been overturned with a new ...
J&J gets $260 million talc verdict overturned in Oregon, new trial ordered
A state judge in Oregon has overturned a jury's $260 million verdict against Johnson & Johnson in a lawsuit brought by a ...
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J&J adds $1.1 bln to proposed settlement of talc cancer claims
Johnson & Johnson plans to pay an additional $1.1 billion to resolve tens of thousands of legal actions alleging its baby ...
FiercePharma4d
J&J talc appeal upends $260M award to Oregon woman with mesothelioma
Three months after a jury awarded $260 million to an Oregon woman who claimed her use of Johnson’s Baby Powder caused her to ...
J&J Inches Closer to Talc Lawsuit Resolution with $1.1 Billion Payout Increase
J&J has raised its talc settlement offer by $1.1 billion, totaling over $9 billion. The settlement primarily addresses ovarian and gynecological cancer claims.
Talc Trial Opens in Connecticut: J&J 'Chose to Do the Wrong Thing'
Ben Braly, of Dean Omar Branham Shirley, told jurors in Connecticut’s Bridgeport Judicial District Court on Wednesday that ...
Business Wire1d
Attorneys Vow to Oppose J&J’s Third Bankruptcy Attempt
Attorneys representing tens of thousands of women with ovarian cancer linked to use of Johnson & Johnson (NYSE:JNJ) talc products say they will im ...
J&J raises baby powder settlement offer to more than $8.2 billion
J&J recently garnered support from more than 75 per cent of baby powder claimants for an out-of-court deal that includes ...