Articles by Mike Spector and Dan Levine

Ruling Against Purdue’s Sacklers Puts Controversial Bankruptcy Tactic in Spotlight

A federal judge’s decision to unravel a settlement shielding members of the Sackler family from future opioid litigation could upend a controversial corner of U.S. bankruptcy law: protecting third parties who have not filed for Chapter 11 themselves. In a …

Johnson & Johnson Places Talcum Liabilities Into Bankruptcy

Johnson & Johnson on Thursday put into bankruptcy tens of thousands of legal claims alleging its Baby Powder and other talc-based products caused cancer, offloading the potential liabilities into a newly created subsidiary. J&J put the talc claims into an …

Congressional Committee Asks J&J For Details on Talcum Liability Bankruptcy Plans

A U.S. congressional panel has asked Johnson & Johnson to provide it all documents related to the company’s plans to put its talc liabilities into bankruptcy, according to a letter sent on Wednesday and seen by Reuters. Democrat Raja Krishnamoorthi, …

J&J Considers Placing Talcum Powder Liabilities Into Bankruptcy: Reuters

Johnson & Johnson is exploring a plan to offload liabilities from widespread Baby Powder litigation into a newly created business that would then seek bankruptcy protection, according to seven people familiar with the matter. During settlement discussions, one of the …

Reuters Report: Why Big Business Can Count on Courts to Keep Deadly Secrets

In the dreary archives of a Newark, New Jersey, courthouse, Ronald Motley found a treasure map. It was an evidence log, a detailed inventory of documents and other exhibits that had been used in an injured worker’s lawsuit. And it …

Reuters: How Court Lets Merck Hide Baldness Drug Propecia’s Risks

By the time Kelly Pfaff got home from driving her son to school that morning, it was too late. Her husband, John, was supposed to be taking their 4-year-old daughter to school. But the girl and the nanny were still …

Reuters Report: How Judges’ Secrecy Has Added to Toll of Opioids and Other Products

WELCH, West Virginia —The opioid epidemic that has so far killed half a million Americans is routinely blamed on greedy drug makers, feckless doctors and lax regulators. But there’s another group that has contributed to the depth and duration of …

Judge Wants PG&E Power Restrictions for Next California Wildfire Season

A U.S. judge has proposed restricting utility PG&E Corp from using power lines deemed to be unsafe during high winds in the 2019 California fire season, adding another complication for the California utility as it faces billions of dollars in …

In Reply to Cities’ Liability Suit, One Oil Firm Agrees Humans Causing Climate Change

A Chevron attorney said in court last Wednesday that the company supports scientific conclusions that humans are causing climate change, a response to a lawsuit that accuses five major energy producers of misleading the public for years about their role …

Big Oil to Face Questions on Climate Change as Cities’ Abatement Lawsuit Proceeds

Five of the world’s biggest energy producers will be questioned by a federal judge on Wednesday about climate change science, part of a lawsuit that accuses the companies of misleading the public for years about their role in global warming. …