J&J Unit Proposes Independent Exam If It Remains in Bankruptcy February 23, 2022 By Dietrich Knauth, Tom Hals and Mike Spector A Johnson & Johnson subsidiary proposed on Friday that it would submit to an independent examination of the corporate restructuring...
Reuters Special Report: J&J’s Secret Plan to Limit Payouts to Cancer Claimants February 7, 2022 By Mike Spector and Dan Levine Johnson & Johnson created a plan last year to limit the financial bleeding from billions of dollars in jury awards...
Sacklers Close to Agreement Increasing Opioid Settlement in Purdue Bankruptcy February 3, 2022 By Tom Hals and Mike Spector Members of the Sackler family who own Purdue Pharma LP are nearing an agreement to boost their more than $4...
Ruling Against Purdue’s Sacklers Puts Controversial Bankruptcy Tactic in Spotlight December 20, 2021 By Mike Spector and Dan Levine A federal judge’s decision to unravel a settlement shielding members of the Sackler family from future opioid litigation could upend...
Johnson & Johnson Places Talcum Liabilities Into Bankruptcy October 15, 2021 By Mike Spector and Dan Levine Johnson & Johnson on Thursday put into bankruptcy tens of thousands of legal claims alleging its Baby Powder and other...
Judge Will Approve Purdue Bankruptcy Plan, Freeing Sacklers From Future Liability Suits September 2, 2021 By Tom Hals and Mike Spector A U.S. judge said on Wednesday he would approve OxyContin maker Purdue Pharma LP’s bankruptcy reorganization plan, clearing a path...
Ruling on Purdue Pharma Bankruptcy and Opioid Settlement Delayed Until Next Week August 27, 2021 By Mike Spector and Maria Chutchian A U.S. judge said on Thursday he now anticipates a ruling on OxyContin maker Purdue Pharma LP’s bankruptcy reorganization plan...
Judge Declines Plaintiffs’ Bid to Block J&J From Offloading Talcum Liabilities August 27, 2021 By Mike Spector and Maria Chutchian A U.S. judge declined to stop Johnson & Johnson from taking steps to offload widespread Baby Powder liabilities from the...
J&J Considers Placing Talcum Powder Liabilities Into Bankruptcy: Reuters July 19, 2021 By Jessica DiNapoli, Mike Spector and Dan Levine Johnson & Johnson is exploring a plan to offload liabilities from widespread Baby Powder litigation into a newly created business...
All But a Few States Now Back Purdue Pharma, Sackler Family Bankruptcy Deal July 12, 2021 By Mike Spector Fifteen more states reached an agreement with Purdue Pharma LP and members of its wealthy Sackler family owners that moved...