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 $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 bankruptcy in the U.S. Bankruptcy Court for the Southern District of Texas.
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.
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
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.
Axios Vitals on MSN2d
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 ...
Business Wire2d
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 ...
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 ...
National Geographic news3y
To walk the world: part one
Hundreds of animals in Elema’s village had churned up a cloud as fine as talc ... in a red dress. She stands by a new levee. She is collecting water from what used to be the Awash River.