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The six firms opposing the settlement, including Birchfield ... The judge agreed Oct. 21 to put all trials focused on whether J&J’s talc-based baby powder caused ovarian cancer on hold while ...
A federal judge in Houston has rejected the third attempt by Johnson & Johnson’s (J&J) subsidiary Red River to settle thousands of lawsuits related to its talc-based products, which have been ...
J&J Shares Tumble as Judge Rejects $10 Billion Talc Settlement (Reuters) -Shares of Johnson & Johnson fell more than 5% on Tuesday after a U.S. bankruptcy judge rejected its $10 billion proposal ...
All told, there are estimated to be more than 19,000 lawsuits claiming injury caused by J&J’s talc products, so the settlement – if confirmed - represents a fraction of the potential liability ...
Following a third failed bankruptcy maneuver by Johnson & Johnson (NYSE: JNJ), trial lawyers with Dallas-based Nachawati Law ...
The agreement includes "additional monetary and non-monetary benefits for all talc claimants," according to J&J, and takes the proportion backing the settlement above 75% – the threshold needed ...
and all talc-supplier disputes. Advertisement Article continues below this ad Last year a subsidiary of J&J proposed to pay approximately $6.48 billion over 25 years as part of a settlement in the ...
J&J’s Red River Talc unit made its filing in the U.S. Bankruptcy ... The goal is to use the proceeding to force all plaintiffs into one settlement, without requiring J&J itself to file for ...
took the stand at a trial in Houston on Wednesday as a paid expert witness for opponents of J&J’s $9 billion settlement plan to end cancer cases targeting its signature powder.
J&J plans to place a subsidiary into bankruptcy if it gets at least 75% of the talc claimants to vote for its settlement proposal. The bankruptcy settlement would end all talc lawsuits alleging ...
After months of wrangling, a federal judge in Houston early next year will decide whether J&J’s bid to quickly settle the claims with an $8.2 billion payout can move ahead. A lead attorney for ...