J&J's timetable for both disclosing claimants' settlement support and initiating a bankruptcy filing, which have not been previously reported, remains in flux and could change, one of the people said.

J&J's proposed settlement would pay talc claimants about $10 billion over 25 years. The present value of the settlement is roughly $8 billion after J&J recently agreed to kick in an additional $1. ...

J&J wants to use Chapter 11 proceedings because bankruptcy judges can enforce global settlements that permanently halt all related lawsuits and forbid new ones, all for a capped payout.

A Johnson & Johnson subsidiary filed for bankruptcy for a third time on Friday as the healthcare giant seeks to advance an approximately $8 billion proposed settlement that would end tens of ...

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.

J&J reportedly needs at least 75% of the claimants to vote in favor of the settlement for it to qualify for approval by the bankruptcy court. J&J has been striving to settle the cases through a ...

David Kessler, who led the FDA for more than six years starting in 1990, took the stand at a trial in Houston on Wednesday as a paid expert witness for opponents of J&J’s $9 billion settlement ...

A U.S. bankruptcy court judge has denied Johnson & Johnson's settlement plan related to baby powder containing talc, providing another setback in the company's efforts to resolve the matter.

(Reuters) — A Johnson & Johnson subsidiary filed for bankruptcy for a third time on Friday as the healthcare giant seeks to advance an approximately $8 billion proposed settlement that would end ...