Articles by Dietrich Knauth and Tom Hals

Purdue Pharma Judge Overrules DOJ to Approve $6 Billion Opioid Settlement

The judge overseeing Purdue Pharma’s bankruptcy on Wednesday approved a $6 billion opioid settlement funded by its Sackler family owners, overruling objections from the Department of Justice and 20 states that opposed the deal. Under the settlement, the Sacklers would …

Judge Greenlights J&J Strategy to Resolve Talc Lawsuits in Bankruptcy Court

Johnson & Johnson can use the bankruptcy system to resolve multibillion-dollar litigation claiming its talc products cause cancer, a U.S. judge ruled on Friday, signing off on a legal maneuver that enables the company to avoid fighting more than 38,000 …

J&J Unit Proposes Independent Exam If It Remains in Bankruptcy

A Johnson & Johnson subsidiary proposed on Friday that it would submit to an independent examination of the corporate restructuring the healthcare giant undertook in an attempt to settle in U.S. bankruptcy court thousands of lawsuits alleging that J&J baby …

J&J Defends Baby Powder Bankruptcy Strategy Cancer Plaintiffs Call ‘Rotten’

A Johnson & Johnson subsidiary came under attack in court on Monday for attempting to use the bankruptcy process to resolve tens of thousands of claims that its baby powder and other talc-based products caused cancer. The subsidiary, LTL Management, …