U.S. Bankruptcy Court for the Southern District of Texas
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Hedge-fund money complicates J&J's massive settlement for talc claims
HOUSTON (Legal Newsline) - Johnson & Johnson’s lawyers think they’ve identified the reason the company is having such a hard time settling thousands of lawsuits claiming its talcum powder causes cancer, even though it’s won the vast majority of the cases that have gone to trial. -
It's lawyer vs. lawyer in J&J's $9 billion talc bankruptcy plan
HOUSTON (Legal Newsline) - Plaintiff lawyers will face off at a January hearing in Houston to decide whether Johnson & Johnson can move ahead with a $9 billion plan to settle thousands of talc lawsuits in bankruptcy court, with each side accusing the other of manufacturing votes on the plan and possibly acting on the orders of outside investors with a stake in the outcome.