J&J Unit Seeks Chapter 11 For Third Time Over Baby Powder (2)
WEB1 day ago · Johnson & Johnson said it received overwhelming support for a roughly $8 billion settlement of claims that its talc-based baby powder caused cancer, a key step as the company makes its third attempt to resolve thousands of lawsuits in bankruptcy court.. The company’s subsidiary, Red River Talc LLC, filed for Chapter 11 bankruptcy in Texas after 83% of claimants accepted J&J’s settlement offer.
J&J Baby Powder Lawsuits: Unit Seeks Chapter 11 Bankruptcy for …
WEB1 day ago · J&J Unit Seeks Chapter 11 Bankruptcy for Third Time Over Baby Powder Suits Some 83% of plaintiffs agreed to J&J’s about $8 billion offer Company hopes to put years of litigation to rest with deal
J&J Unit Seeks Chapter 11 Bankruptcy for Third Time Over Baby Powder …
WEB1 day ago · JNJ. (Bloomberg) -- Johnson & Johnson said it received overwhelming support for a roughly $8 billion settlement of claims that its talc-based baby powder caused cancer, a key step as the company ...
J&J Gets 83% of Baby Powder Victims to Agree to Talc Deal (1)
WEBLin Cheng. (Updates from first bullet.) J&J says about 83% of claimants support proposed bankruptcy plan. Red River filed Chapter 11 bankruptcy to fully and finally resolve all current and future claims related to ovarian cancer arising from cosmetic talc litigation. Red River increased settlement commitment by $1.75b to about $8b.
Exclusive: J&J near disclosing support for talc settlement, sources say
WEBNEW YORK, Aug 14 (Reuters) - Johnson & Johnson (JNJ.N) is preparing to unveil widespread support in coming days for a $6.48 billion offer to settle tens of thousands of legal actions alleging its...
Johnson & Johnson, 42 attorneys general reach $700M ... - NBC4 …
WEBJun 11, 2024 · Johnson & Johnson will pay $700 million to settle a major lawsuit over its talc baby powder. The settlement approved and filed in court on Tuesday comes after more than 40 state attorneys general ...
J&J advances $6.475 billion settlement of talc cancer lawsuits - CNN
WEBMay 1, 2024 · Johnson & Johnson is moving forward with a $6.475 billion proposed settlement of tens of thousands of lawsuits alleging that its baby powder and other talc products contain asbestos and cause...
Johnson & Johnson reaches $700 million settlement in talc baby powder ...
WEBJun 11, 2024 · Johnson & Johnson will pay $700 million to 43 states and stop selling talc-based products after facing thousands of lawsuits over cancer links. The company also faces a bankruptcy resolution and...
Johnson & Johnson Reaches Deal for $8.9 Billion Talc Settlement
WEBApr 4, 2023 · Johnson & Johnson said on Tuesday that it had agreed to pay $8.9 billion to tens of thousands of people who claimed the company’s talcum powder products caused cancer, a proposal that lawyers ...
Judge Rejects Johnson & Johnson’s Effort to Limit Talc-Related …
WEBJul 30, 2023 · Johnson & Johnson stopped selling talc-based baby powder globally this year, after switching to cornstarch as the primary ingredient of the product.