Trial Set to Consider Approval of Boy Scouts Bankruptcy Plan March 15, 2022 By Randall Chase More than two years after the Boy Scouts of America sought bankruptcy protection amid an onslaught of child sex abuse...
Judge Greenlights J&J Strategy to Resolve Talc Lawsuits in Bankruptcy Court February 28, 2022 By Dietrich Knauth and Tom Hals Johnson & Johnson can use the bankruptcy system to resolve multibillion-dollar litigation claiming its talc products cause cancer, a U.S....
New Mexico Archdiocese Sues Insurers Over Sexual Abuse Coverage February 28, 2022 One of the oldest Roman Catholic dioceses in the U.S. is suing four insurance companies over claims that they haven’t...
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...
4 Insurers, 5 Policies to Pay $73M Sandy Hook Settlement Against Gunmaker Remington February 17, 2022 By Andrew G. Simpson A federal bankruptcy court in Alabama has approved insurance payments totaling $73 million by four insurers to the families of...
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...
Opioid and Asbestos Immunity Cases Could Tilt Bankruptcy Scales Away From Victims August 26, 2021 By Jeremy Hill and Steven Church The billionaire owners of OxyContin maker Purdue Pharma LP and lumber giant Georgia-Pacific are in high-stakes legal battles to shed...
Facing Deceptive Opioid Marketing Suits, Mallinckrodt Files for Bankruptcy October 12, 2020 Mallinckrodt Plc filed for bankruptcy protection on Monday, saddled with lawsuits alleging it fueled the U.S. opioid epidemic and after...
Department Store Blames Insurers As It Files Bankruptcy and Shuts Down September 10, 2020 By Jeremy Hill Century 21 Stores, an iconic New York off-price department store chain, filed for bankruptcy with plans to shut down, becoming...
Bankruptcy Court Approves PG&E’s Chapter 11 Reorganization Plan June 22, 2020 By Kanishka Singh PG&E Corp. said its Chapter 11 reorganization plan has been confirmed by the United States Bankruptcy Court for the Northern...