Johnson & Johnson, talc
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.
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 files for bankruptcy to advance US$10bil talc settlement
A Johnson & Johnson (J&J) subsidiary has filed for bankruptcy for a third time as the healthcare giant seeks to advance an approximately US$10bil 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 bankruptcy in the U.S. Bankruptcy Court for the Southern District of Texas.
Johnson & Johnson Unit seeks Chapter 11 bankruptcy for third time over baby powder lawsuits
“Absent a Chapter 11 resolution, the talc litigation would continue for decades, at great expense to the Debtor but with no benefit to claimants,” the J&J unit’s lawyers said in court papers. Under its latest plan, baby powder victims would receive average payouts ranging from $75,000 to $175,000 depending on the severity of their injuries.
BREAKING: Johnson & Johnson Files Third Talc Bankruptcy in Texas
Beasley Allen opposed the Chapter 11 case, which includes up to $10 billion in nominal compensation to talc claimants. 'This proposed compensation is a gross undervaluation,' principal Andy Birchfield said in a statement to Law.
J&J Subsidiary Files for Bankruptcy Again to Advance $10 Billion Talc Settlement
In a bid to resolve over 62,000 lawsuits alleging that its talc products caused cancer, Johnson Johnsons subsidiary filed for bankruptcy again. The move seeks to advance a $10 billion settlement that would end
J&J Unit Files for Bankruptcy to Advance $10 Billion Talc Settlement
(Reuters) - 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.
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.
Business Wire1d
Johnson & Johnson Announces that its Subsidiary, Red River Talc LLC, has Filed a Voluntary Prepackaged Chapter 11 Case to Resolve All Current and Future Ovarian …
Johnson & Johnson (NYSE: JNJ) (the “Company”) announced that its subsidiary, Red River Talc LLC (“Red River”), filed a ...
Axios Vitals on MSN1d
J&J tries bankruptcy again for talc cases
Johnson & Johnson on Friday took a third swing at using bankruptcy court to shed the talc liabilities that have troubled the ...
J&J Unit Seeks Chapter 11 For Third Time Over Baby Powder (2)
Johnson & Johnson said it received overwhelming support for a roughly $8 billion settlement of claims that its talc-based ...
This Kansas City area hardware store will close at the end of the year
Westlake Ace Hardware will close its Kansas City, Kansas, store at 7523 State Ave. at the end of this year.