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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 global ...
J&J has said the Purdue ruling does not affect its settlement proposal because U.S. bankruptcy law includes explicit legal protections for asbestos defendants that have not filed for bankruptcy.
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 ...
But, the litigation has resulted in some large verdicts for plaintiffs, including a $2.12 billion award in favor of 22 women who blamed their ovarian cancer on asbestos in J&J talc. In the past ...
J&J has announced plans to finalize a $6.48 billion global settlement through the bankruptcy of a subsidiary company, after earlier efforts were rebuffed twice by federal courts.
A lawyer for a bankrupt J&J subsidiary said the $2 billion offer is the starting point for negotiations and could increase if the chapter 11 case proceeds.
A Johnson & Johnson unit working to resolve massive cancer litigation in bankruptcy court was accused by a former head of the U.S. Food and Drug Administration of making misleading ...
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 ...
NEW YORK, May 16 (Reuters) - Johnson & Johnson JNJ.N has set aside $400 million to resolve U.S. state consumer protection actions as part of its broader $8.9 billion effort to settle claims that ...
NEW YORK (Reuters) -Johnson & Johnson has cleared a key threshold of support for its proposed $6.5-billion settlement of tens of thousands of lawsuits alleging its baby powder and other talc ...
Ovarian cancer claims account for 99% of the talc-related lawsuits filed against J&J , including about 54,000 lawsuits that are centralized in a New Jersey federal court proceeding.