Rejects

Johnson & Johnson Faces Legal Setback as Bankruptcy Court Rejects Talc Defense Strategy

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Trenton, New Jersey — Johnson & Johnson has faced significant legal challenges regarding its talc-based products, culminating in a recent decision by a U.S. appeals court that rejected the company’s bankruptcy strategy aimed at addressing thousands of claims linked to cancer diagnoses. In a ruling earlier this week, the court upheld a ruling from earlier this year that deemed Johnson & Johnson’s attempt to resolve thousands of lawsuits through a controversial bankruptcy maneuver invalid. This strategy, known as the legal strategy of “Texas Two-Step,” sought to transfer liability to a new subsidiary, enabling the corporation … Read more

Minneapolis Judge Rejects $30 Million Lawsuit from Businesses Claiming Fallout from George Floyd’s Murder

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Minneapolis, Minnesota — A judge has dismissed a $30 million lawsuit against the city brought forth by several businesses situated at the location where George Floyd was murdered by a police officer in 2020. The lawsuit concerned businesses around 38th Street and Chicago Avenue, now referred to as George Floyd Square. The plaintiffs, including the owners of Cup Foods and four additional nearby businesses, claimed that the city’s failure to manage crime and deterioration in the neighborhood severely impacted their operations. They argued this negligence amounted to an unlawful taking of their property without just … Read more

Johnson & Johnson Faces Legal Setback as Bankruptcy Court Rejects Talc Bankruptcy Plan

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In Wilmington, Delaware, Johnson & Johnson faced a major setback as the company’s bankruptcy strategy aimed at addressing thousands of talc-related lawsuits was rejected by a federal judge. This ruling represents a significant development in ongoing litigation concerning the safety of talcum powder products, which have been linked to cancer concerns. The decision came after Johnson & Johnson sought to establish a separate company that would handle its legal liabilities related to talc claims. Under this plan, they aimed to shield themselves from ongoing lawsuits by redirecting claims to a newly formed entity. However, U.S. … Read more

Johnson & Johnson Faces Legal Setback as Bankruptcy Court Rejects Talc Claims

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BURLINGTON, N.J. — Johnson & Johnson has faced significant setbacks in its legal efforts surrounding talc-based products, culminating in a recent ruling that further complicates the company’s ongoing bankruptcy proceedings. The decision comes in the aftermath of extensive litigation alleging that the company’s talc products are linked to cancer, leading to a considerable financial and reputational toll. The company’s attempts to manage its legal liabilities through bankruptcy have met increasing resistance from the courts. A federal judge recently rejected J&J’s bid to consolidate thousands of lawsuits into a single bankruptcy case. This ruling signifies a … Read more