Supreme Court Decision in Purdue Opioids Case Heralds Grim Future for J&J Bankruptcy Protection June 27, 2024 The nation’s top court says the U.S. Bankruptcy Code is not an appropriate avenue to handle all collective action problems that come its way. The Supreme Court entered its decision (HARRINGTON, UNITED STATES TRUSTEE, REGION 2 v. PURDUE PHARMA L. P. ET AL.), saying bankruptcy courts have no business handling claims unless a company is […] Read More
More than 60 Law Firms Oppose J&J Prepack Bankruptcy Scheme June 20, 2024 Some of the nation’s largest law firms recognized for their committed and successful representation of individuals harmed by dangerous products have announced unified opposition to a plan by Johnson & Johnson to seek a prepackaged bankruptcy to address claims brought by ovarian cancer victims. Two previous bankruptcy filings by the company, which has a market […] Read More
Plaintiffs’ Attorneys in Talc Cancer Litigation Discourage Voting for a Bankruptcy Plan That Will Strip Women of Their Personal Rights June 11, 2024 Andy Birchfield of Beasley Allen Law Firm and Mike Papantonio of Levin Papantonio Rafferty—plaintiffs’ attorneys in the talc cancer multidistrict litigation—issued the following statement related to Johnson & Johnson’s third bankruptcy attempt, which aims to limit the company’s liability for talc claims. “As attorneys who represent the tens of thousands of people who have suffered the tragedy of […] Read More
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