bankruptcy court News

Hertz to Settle Most False-Arrest Claims for $168 Million

Hertz Global Holdings Inc. will spend $168 million to settle hundreds of claims that it falsely reported rental customers to the police for car theft when a vehicle was not returned on time. The company had been fighting to bottle …

Hertz False-Arrest Claimants Can Sue in State Court, Judge Rules

More than 60 people who have accused Hertz Corp. of having them wrongly arrested won the right to join a lawsuit against the company, dealing another blow to efforts by the rental car giant to keep the allegations bottled up …

Judge Temporarily Blocks 2 State Lawsuits over J&J Talc Marketing

A US bankruptcy judge has blocked New Mexico and Mississippi from pursuing lawsuits accusing Johnson & Johnson of misleading consumers about the safety of its talc products, such as its baby powder, for now. U.S. Bankruptcy Judge Michael Kaplan in …

FBI Opens Sweeping Probe of Clergy Sex Abuse in New Orleans

NEW ORLEANS (AP) — The FBI has opened a widening investigation into sex abuse in the Roman Catholic Church in New Orleans going back decades, a rare federal foray into such cases looking specifically at whether priests took children across …

Proposed Settlement Would Provide $300K to Each Victim of Sex Abuse by Clergy

Insurers and the Roman Catholic Diocese of Rochester have agreed on a schedule for discovery and a bankruptcy court trial regarding a proposed $147 million settlement to cover sex abuse claims against the church. The proposed settlement was reached after …

Illinois Supreme: Medical Providers May Not Attach Injured Workers’ Awards in Bankruptcy Court

Medical providers cannot use bankruptcy court to collect unpaid bills owed by bankrupt injured workers, the Illinois Supreme Court ruled in a decision published Thursday. A three-judge panel of the high court, answering a certified question by the 7th Circuit …

U.S. Pursues Nearly $13 Billion of Claims in Purdue Pharma Opioid Probes-Sources

U.S. prosecutors are pursuing possible penalties of nearly $13 billion to resolve investigations of OxyContin maker Purdue Pharma after uncovering evidence of criminal and civil misconduct stemming from the company’s alleged role in fueling the nation’s opioid crisis, people familiar …

GM Takes Recall Fight to Familiar Turf in Bankruptcy Court

General Motors Co. is bringing its fight against owners of recalled cars to its former turf: the Manhattan bankruptcy court where the U.S. government financed the automaker’s turnaround five years ago. GM is facing 59 lawsuits by car owners demanding …