Wednesday, November 27, 2024

Bankruptcy

Former Johnson & Johnson Attorney Suggests $19 Billion Settlement in Talc-Cancer Lawsuit

A lawyer who is trying to broker a settlement in Johnson & Johnson’s baby powder cancer lawsuits proposed that it can resolve...

J&J Claims ‘Progress’ in Resolving Baby Powder Cancer Lawsuits (3)

Johnson & Johnson said it’s moving forward to resolve lawsuits that claim its talc-based Baby Powder causes cancer...

Supreme Court Raises Concerns About Sackler Protection in Purdue Opioid Settlement

The US Supreme Court indicated a potential division over Purdue Pharma LP's $6 billion opioid settlement, as the justices considered contentions from...

A $6 Billion Settlement May Disrupt US Bankruptcy Agreements

Members of the Sackler family who profited from the sale of OxyContin may inadvertently upend the way almost every big settlement is...

FTX takes steps to eliminate $24 billion tax claims in bankruptcy proceedings

FTX Trading Ltd. asked a bankruptcy court to dismiss $24 billion in estimated claims brought by the Internal Revenue Service, arguing the...

Kirkland to receive $42 million from WeWork and Rite Aid bankruptcies

It seems that Christmas has come early for Kirkland & Ellis. The law firm, consistently one of the highest-grossing in Big...

Catholic Abuse Victims in New York Call for Investigation into Chubb Insurance

An advocacy group for survivors of child sex abuse is urging New York's financial regulator to investigate insurer Chubb Ltd. for allegedly...

Sandy Hook Families Present Alex Jones with Two Possible Paths to Avoid Bankruptcy

Sandy Hook Elementary School shooting victims’ families have put forward a proposal in court that conspiracy theorist Alex Jones should conclude his...