Koch Industries Gets $2.5B in Dividends From Unit That Offloaded Asbestos Liability January 26, 2023 By Dan Levine and Mike Spector Industrial conglomerate Koch Industries received nearly $2.5 billion in dividend payments last year from its Georgia-Pacific unit, which had spun...
Boy Scouts, Catholic Dioceses Find Haven From Sex Abuse Suits in Bankruptcy January 3, 2023 By Kristina Cooke, Benjamin Lesser and Mike Spector Lawmakers around the United States have tried to grant justice to victims of decades-old incidents of child sexual abuse by...
U.S. Judge Bars 3M From Shifting Earplug Liability to Bankrupt Unit December 27, 2022 A U.S. judge on Thursday [Dec. 22] barred 3M Co. from trying to avoid liability for injuries current and former...
Special Report: Corporate Chiefs Dodge Lawsuits Over Sexual Abuse, Deadly Products November 8, 2022 By Mike Spector, Benjamin Lesser, Dan Levine, Kristina Cooke and Disha Raychaudhuri Hollywood producer Harvey Weinstein’s rape conviction landed him in prison. Allegations of serial sexual abuse cost him his career and...
Judge Temporarily Blocks Two State Lawsuits Over J&J Talc Marketing October 6, 2022 By Dietrich Knauth A U.S. bankruptcy judge has blocked New Mexico and Mississippi from pursuing lawsuits accusing Johnson & Johnson misleading consumers about...
Cancer Victims Urge Court to End J&J Bankruptcy Roadblock to Lawsuits September 22, 2022 By Dietrich Knauth People suing Johnson & Johnson over the company’s talc products urged an appeals court on Monday to revive their claims,...
Veterans Seeking Earplug Damages Sue to Block 3M Healthcare Spinoff September 2, 2022 By Brendan Pierson Two U.S. military veterans on Thursday sued 3M Co. to block its planned spinoff of its healthcare business, which they...
3M Bankruptcy Tactic Fails as Combat Earplug Suits Move to Trial August 29, 2022 By Ryan Beene, Jef Feeley and Steven Church 3M Co.’s plan to use controversial bankruptcy rules to shield itself from some 230,000 lawsuits over military earplugs looked like...
3M Awaits Bankruptcy Ruling That May Sink Litigation Tactic August 23, 2022 By Steven Church 3M Co.’s attempt to block jury trials of more than 230,000 lawsuits accusing it of harming US soldiers faces a...
Endo Files for Bankruptcy as U.S. Opioid Litigation Drags August 18, 2022 Endo International Plc filed for bankruptcy on Tuesday after reaching a $6 billion deal with some of its creditors, as...