Halts

Supreme Court Halts Purdue Pharma’s Bankruptcy Plan Amid Rising Multidistrict Litigations: Insights from Law.com’s Aleeza Furman

by

Washington, D.C. – In a significant legal development, the Supreme Court has intervened to halt Purdue Pharma’s bankruptcy plan, a decision that underscores ongoing debates around accountability in the opioid crisis. This move casts uncertainty on the future of the company and its proposed settlements with thousands of plaintiffs. Purdue Pharma, recognized globally for its production of OxyContin, had previously reached a settlement agreement that was integral to its restructuring during bankruptcy proceedings. The deal was meant to temporarily resolve numerous lawsuits tied to the opioid epidemic, offering billions in compensation. However, with the Supreme … Read more

Court Again Halts J&J’s Controversial Bankruptcy Strategy in Texas

by

Philadelphia, PA — In a significant legal ruling, a federal appeals court has again halted Johnson & Johnson’s controversial attempt to manage thousands of lawsuits alleging harm from its talcum-based products through a subsidiary’s bankruptcy. This decision underscores the complexity and contentious nature of corporate bankruptcy strategies involving public health claims. Johnson & Johnson, a household name in healthcare products, utilized a subsidiary, LTL Management, to file for bankruptcy in October 2021. This move was seen as an effort to consolidate and potentially cap liabilities linked to thousands of claims suggesting that its baby powder … Read more

Federal Judge Halts Enforcement of Ban on Forced Reset Triggers, Citing Second Amendment Concerns

by

Austin, Texas — A federal judge in Texas has temporarily halted the enforcement of a new regulation by the Biden administration that aimed to prohibit the use of so-called “forced reset triggers.” These devices, which can modify firearms to shoot more rapidly, have been at the center of a heated debate on gun control. U.S. District Judge Mark Pittman issued a preliminary injunction against the rule, which was initially promulgated by the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF). The rule categorized devices like the FRT-15 trigger as illegal machine guns under the National … Read more

Hunter Biden Halts Fox News Defamation Suit Amid Personal and Political Turbulence

by

Wilmington, Del. — Hunter Biden, son of the former U.S. President, recently withdrew a lawsuit he had initiated against Fox News. The legal action pertained to allegations that a streaming program on Fox News had targeted him, causing damage to his reputation. Earlier this month, Biden had filed the lawsuit in the Supreme Court of New York, accusing Fox News of using the program as a means to “harass, annoy, alarm, and humiliate” him. He argued that the network’s actions were intentional efforts to tarnish his public image. The lawsuit was abandoned on Sunday, with … Read more