Johnson & Johnson bankruptcy News

J&J to Seek U.S. Supreme Court Review on Unit’s Bankruptcy

Johnson & Johnson JNJ.N said on Wednesday that it would ask the U.S. Supreme Court to revive its effort to resolve tens of thousands of lawsuits over its talc products through the bankruptcy of a subsidiary, after an appeals court …

J&J Must Face Baby Powder Suit by 24-Year-Old Dying of Cancer

Johnson & Johnson can no longer use bankruptcy to block a trial in California over claims its baby powder caused the deadly cancer of a 24-year-old man, a federal judge ruled Tuesday. The ruling is the first of its kind …

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, …

Judge to Rule in February on Johnson & Johnson Baby Powder Bankruptcy Strategy

Johnson & Johnson should know by the end of next month whether its controversial use of bankruptcy to try to resolve billions of dollars in cancer claims can proceed, or if the consumer products giant must fight roughly 38,000 lawsuits …

Supreme Court Turns Away J&J’s Bid to Avoid State’s Talc Warning Lawsuit

The U.S. Supreme Court on Monday declined to hear a bid by Johnson & Johnson to throw out a lawsuit brought by the state of Mississippi over allegations that the company failed to inform residents that its talc-based products increased …