The sale of the bankrupt DNA data bank 23andMe is facing delays as the company tries to find a lead bidder that can quickly clear regulatory hurdles and guarantee customer privacy rules will be honored. The former Silicon Valley startup …
Johnson & Johnson shares fell the most in five years after the company’s plan to settle thousands of talc-related lawsuits through bankruptcy was shot down in court. The ruling means J&J will have to fight roughly 60,000 claims brought by …
A plan to rescue three troubled New Jersey hospitals from bankruptcy is being challenged by their former owners, who claim mismanagement and an unfair land deal have tainted the reorganization. The bankruptcy-exit plan for CarePoint Health Systems pays too much …
Holdout creditors who claim tainted baby powder gave them ovarian cancer urged a judge to reject Johnson & Johnson’s plan to force an end to all related cancer lawsuits. The proposed settlement — worth more than $8 billion — wrongly …
People who voted to settle their baby power-related health claims against Johnson & Johnson should have their ballots thrown out because the consumer products giant rigged the tally, according to lawyers for holdout claimants. The company organized a vote of …
Johnson & Johnson’s successful use of a “court-shopping” legal tactic to advance its latest plan for resolving thousands of cancer claims spotlights a controversial bankruptcy maneuver corporations have long employed to avoid unfavorable rulings. A federal bankruptcy judge in Texas …
Johnson & Johnson’s bold move to skirt a US court in New Jersey and seek a potentially friendlier venue in Texas to settle claims its baby powder gave women cancer faces a key decision as soon as Thursday. A federal …
Johnson & Johnson’s third effort to end lawsuits claiming its baby powder caused thousands of women to get cancer should be dismissed because it violates US Supreme Court precedent and twists the purpose of the American bankruptcy system, holdout creditors …
Johnson & Johnson lost its bid in a federal appeals court to revive a plan to settle tens of thousands of talc cancer lawsuits by placing a subsidiary into bankruptcy. The ruling Thursday upheld a bankruptcy judge’s dismissal last year …
The bankrupt estate of Purdue Pharma says it will support a move by the opioid maker’s creditors to sue members of the Sackler family over allegations that they improperly shifted billions of dollars of Purdue profits into offshore trusts. The …
