Liability

Johnson & Johnson Faces Major Setback as Bankruptcy Court Rejects Talc Liability Claims

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Johnson & Johnson’s legal struggles intensified in Dallas, Texas, as the company faced significant backlash over its talc products. A recent decision has dealt a substantial blow to J&J’s efforts to manage its liabilities related to thousands of lawsuits that allege health risks associated with talc-based products. The ruling from a U.S. bankruptcy judge underscores the challenges corporations can face when attempting to mitigate tort claims through bankruptcy proceedings. Johnson & Johnson had sought to separate its talc liabilities via a corporate restructuring, aiming to shield its main business operations from the financial burdens stemming … Read more

Johnson & Johnson Faces Setback as Bankruptcy Court Rulings Challenge Talc Liability Claims

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Trenton, New Jersey – Johnson & Johnson faces a significant setback as a bankruptcy court ruling has blocked its attempt to shield itself from a wave of lawsuits linked to its talc-based products. The decision has sparked controversy and raised questions about the future of litigation involving potential harm from industrial products. The company, renowned for its consumer health products, sought bankruptcy protection in a novel bid to manage claims that its talc products were contaminated with asbestos and contributed to cancer. However, the recent court ruling has rejected this strategy, placing Johnson & Johnson … Read more

Court Clears Dolce & Gabbana USA from NFT Liability, Leaving Investors in the Lurch

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A federal judge in New York has dismissed a class-action lawsuit against Dolce & Gabbana USA, determining that the company’s U.S. division is not liable for the alleged shortcomings of the DGFamily NFT project. This initiative reportedly raised over $25 million based on promises of digital and physical rewards to investors, many of whom feel cheated by the venture. U.S. District Judge Naomi Reice Buchwald ruled on Friday that Dolce & Gabbana USA did not act as an “alter ego” for its parent company, Dolce & Gabbana SRL, which was responsible for executing the NFT … Read more

US Court Clears Dolce & Gabbana USA of Liability in Controversial NFT Case, Dismissing Class-Action Claims

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New York—A federal court ruling has cleared Dolce & Gabbana USA Inc. of claims tied to a class-action lawsuit involving the luxury brand’s non-fungible token (NFT) project, which has been at the center of controversy over alleged unmet promises to buyers. On Friday, U.S. District Judge Naomi Reice Buchwald determined that the U.S. subsidiary is not an “alter ego” of its Italian parent company, Dolce & Gabbana SRL, and therefore cannot be held liable under the allegations set forth by NFT purchasers. The legal action was initiated in May 2024 and later updated in September, … Read more