U.S. Bankruptcy Court for the District of New Jersey
Recent News About U.S. Bankruptcy Court for the District of New Jersey
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Plaintiff lawyers seek payment for thwarting J&J talc bankruptcy
TRENTON, N.J. (Legal Newsline) - Plaintiff lawyers who successfully blocked Johnson & Johnson from settling talc claims in bankruptcy sought more than $1 million in fees as a judge for the second time dismissed the Chapter 11 reorganization case of the LTL Management unit J&J set up specifically to pay tort claims. -
J&J vows to appeal bankruptcy ruling that talc claims are not 'financial distress'
U.S. Bankruptcy Judge Michael Kaplan rejected an $8.9 billion proposed bankruptcy resolution -
$8.9 billion talc settlement offer at stake in J&J's LTL bankruptcy
J&J previously committed only $2 billion to resolve talc claims -
Bankruptcy judge grants request to stay J&J's LTL bankruptcy
J&J: 'The decision is a win for claimants' -
Plaintiff lawyers say talc kills. So how do they represent future victims?
If the experts who testify for plaintiffs suing Johnson & Johnson over talcum powder are to believed, the ubiquitous product is a slow-acting toxin that even in tiny doses can cause ovarian and other cancers. -
Johnson & Johnson renews effort to settle talc claims with $8.9 billion bankruptcy plan
TRENTON, N.J. (Legal Newsline) - Days after a federal appeals court ended Johnson & Johnson’s first attempt to resolve litigation over talcum powder through the bankruptcy of a specially formed subsidiary, the healthcare-products giant tried again, this time announcing a $8.9 billion tentative settlement agreement with lawyers representing more than 60,000 plaintiffs. -
Johnson & Johnson urges Third Circuit to reconsider talc bankruptcy ruling
TRENTON, N.J. (Legal Newsline) - Saying it is trying to avoid a “value-destructive, complex, expensive bankruptcy” of its $61 billion consumer-products division, Johnson & Johnson urged the Third Circuit Court of Appeals to reconsider a panel decision rejecting the reorganization of a smaller unit the company established to handle tens of thousands of lawsuits claiming its Johnson’s Baby Powder contains deadly asbestos. -
Attorney panel scrutinizes proposed legislation that would ban divisional merger bankruptcies
While legislation is pending in Congress that would require the dismissal of Chapter 11 bankruptcy cases in which the debtor has created a divisional merger, federal appeals court judges in Philadelphia heard arguments this week about whether Johnson & Johnson’s bankruptcy case was filed in good faith. -
Amicus briefs filed in support of Johnson & Johnson's bankruptcy in appeal
NEWARK (Legal Newsline) - The Washington Legal Foundation (WLF) is among the organizations that have filed an amicus brief arguing against the appeal of a federal judge’s decision to allow Johnson & Johnson to proceed with its bankruptcy. -
EPA sues Fisher Scientific, Sandvik for cleanup costs for New Jersey Superfund site
NEWARK, N.J. (Legal Newsline) – The former operators of a site in New Jersey are being sued by the federal government for cleanup costs spent by the government to abate contamination.