Honeywell International has interjected itself into the bankruptcy proceeding of the successors to Chicago Fire Brick and Wellsville Fire Brick, companies that spent a decade creating a trust that would pay individuals with asbestos claims. In May, Honeywell asked the federal bankruptcy court in Oakland, Calif., to make those ballots public.
WASHINGTON (Legal Newsline) - A two-hour hearing on frivolous lawsuits before a U.S. Senate committee may have lacked focus on pending legislation but did produce a few noteworthy moments - including Sen. Al Franken’s assertion that there are “bad actors” filing meritless lawsuits, though he is opposed to the reforms presented.
The plaintiffs filed a two-page stipulation of dismissal without prejudice in the U.S. District Court for the Eastern District of Wisconsin Oct. 24. Their voluntary dismissal comes nearly two months after the U.S. Court of Appeals for the Seventh Circuit dismissed a proposed settlement agreement, describing it as “utterly worthless.”
Pfizer’s lawsuit, filed in a Pennsylvania federal court in September, alleges Johnson & Johnson’s exclusionary contracts and other anti-competitive practices have denied U.S. patients access to therapeutic options and undermined the benefits of “robust” price competition in the “innovative and growing” biologics marketplace for patients.