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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 Subsidiary Files for Bankruptcy to Advance $8 Billion Talc Settlement
The J&J Red River Talc unit made its filing in the U.S. Bankruptcy Court for the Southern District of Texas. J&J faces lawsuits from more than 62,000 claimants who alleged that its baby powder and other talc products were contaminated with asbestos and caused ovarian and other cancers.
J&J Unit Seeks Chapter 11 Bankruptcy for Third Time Over Baby Powder Suits
Johnson & Johnson said Friday a majority of baby powder users agreed to back an around $8 billion settlement of claims the talc-based product gave them 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.
The New York Times
1d
In Jan. 6 Case Filing, Trump Lawyers Again Demand Dismissal
Chutkan. “Promptly.” While that sort of blunt assertion might not have been surprising in a
filing
that was actually meant ...
Florida Politics
5h
Court filing alleges Matt Gaetz attended sex party in Lake Mary with underage girl
Accusations cite testimony from a woman who said that, as a minor, she regularly attended cocaine-fueled parties with the ...
34m
Crypto wallets will evolve into 'filing cabinets' by 2030: Crypto exec
According to Reown CEO Jess Hougraves, crypto wallets could transition into “digital filing cabinets” for holding university ...
1d
on MSN
How Brittany Cartwright Got Her 'Revenge Body' Before Filing for Divorce From Jax Taylor
In an interview with Daily Mail published Wednesday, September 18, the 35-year-old Vanderpump Rules alum explained she opted ...
1d
on MSN
Tupperware lifts the lid on its financial problems with bankruptcy filing
Tupperware Brands has filed for Chapter 11 bankruptcy protection. The company that revolutionized food storage decades ago ...
2h
'Mind-boggling hypocrisy': Latest court filing in Kensington Expressway lawsuit details perceived failures by NYSDOT
The attorney representing residents and community groups outlines the ways the NYSDOT failed to conduct a proper environmental review of the $1B Kensington project.
4d
Harris Wants To Make Tax Filing Easier For Small Businesses
A new standard deduction for small businesses that would supplement the existing standard deduction available to all tax ...
7d
Got an income tax-filing extension to Oct. 15? Here are some things self-employed workers should keep in mind
The definition of a self-employed worker has expanded as side hustles, freelancing and consulting have grown in the age of ...
2d
Sorry Mom, But These Tweets About Tupperware Filing For Bankruptcy Are Way Funnier Than They Should Be
Well, sorry to be the bearer of bad news, but Tupperware has filed for bankruptcy. The NYT reports the iconic brand, which ...
5h
Cheryl Burke still in 'shock' over Artem Chigvintsev's arrest, Nikki Garcia's divorce filing: 'I hope everybody's OK'
Cheryl Burke weighs in on the "sad" situation going on with friend and former "Dancing With the Stars" pro Artem Chigvintsev ...
6h
on MSN
Parents filing class action lawsuit against Columbus City Schools over busing issues
Parents of a child affected by the bussing issues facing Columbus City School filed a Class Action Lawsuit on Thursday.
Government Technology
5h
Code for America’s Free Tax Filing Coming to More States
The nonprofit is expanding its state tax filing tool, which is integrated with the IRS’ current Direct File program, to ...
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