J&J faces more than 38,000 lawsuits that have been consolidated in federal court in New Jersey alleging that its talc products sometimes contained carcinogenic asbestos, and those cases have been ...

J&J subsidiary LTL Management in April filed for bankruptcy in Trenton, New Jersey proposing to pay $8.9 billion to settle more than 38,000 lawsuits, and prevent new cases from coming forward in ...

The settlement follows a January appeals court ruling invalidating J&J’s controversial “Texas two-step” maneuver, in which it sought to offload the talc liability onto a subsidiary LTL ...

J&J proposes $8.9B talc settlement deal but some plaintiffs decry 'woefully inadequate' offer By Angus Liu, Eric Sagonowsky Apr 5, 2023 8:25am Johnson & Johnson talc litigation Pharma ...

J&J did not disclose the value of the mesothelioma settlements, but it said that it recorded an incremental charge of $2.7 billion in the first quarter of 2024, to account for recent talc-related ...

J&J faces talc lawsuits from more than 62,000 plaintiffs, according to a company filing. But the figure swells as high as 100,000 when counting claimants who haven’t sued, Erik Haas, J&J’s ...

RELATED: Johnson & Johnson talc settlement includes $15M for MD; first payment due late July. Last year a subsidiary of J&J proposed to pay approximately $6.48 billion over 25 years as part of a ...

In the latest case, J&J is likely to replace the backstop agreement with the $8.9-billion settlement in the new bankruptcy filing involving the LTL unit. More to Read Walgreens agrees to pay at ...

A lawyer for a bankrupt J&J subsidiary responsible for costly talc litigation said Tuesday the company was close to a settlement last year worth between $4 billion and $5 billion.

This time, J&J's LTL spinoff upped the offer by $6.9 billion over the initial $2 billion settlement. The company says it has secured commitments from over 60,000 current claimants against J &J to ...

The chief legal officer of J&J’s bankrupt subsidiary responsible for talc litigation said the company’s $2 billion settlement offer “is a start.” ...

Red River Talc LLC, a J&J subsidiary, was […] A U.S. bankruptcy court judge has denied Johnson & Johnson’s settlement plan related to baby powder containing talc, providing another setback in ...