Subsidiarys

Judge Denies Johnson & Johnson Subsidiary’s Bankruptcy Plan, Casting Doubt on Future Talc Liability Strategies

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HOUSTON — A pivotal decision by U.S. Bankruptcy Judge Christopher Lopez has jeopardized Johnson & Johnson’s efforts to mitigate its extensive talc-related liabilities. On March 31, 2025, in the Southern District of Texas, Judge Lopez dismissed the prepackaged Chapter 11 plan of J&J’s subsidiary, Red River Talc LLC, citing multiple legal and procedural flaws, including impermissible nonconsensual non-debtor releases under the recent Supreme Court precedent set by the Purdue Pharma decision. Johnson & Johnson has faced mounting legal challenges as thousands of lawsuits claim its talcum powder products, used by millions, contain asbestos and have … Read more

Class Action Lead Plaintiff Urges Court to Recognize Unjust Enrichment in High 5 Games Subsidiary’s Asset Transfer Case

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WASHINGTON — In a notable development within a Washington federal court, a lead plaintiff in a class action lawsuit has urged the judge to approve an unjust enrichment claim against a subsidiary of High 5 Games. The basis of this request stems from an asset transfer that took place in 2022, which the plaintiff argues was improper. The controversy centers on the movement of significant assets by a key business unit of High 5 Games. According to details brought to light by the plaintiff, these transfers allegedly diminished the subsidiary’s asset pool, potentially shielding these … Read more