Johnson & Johnson wrapped up a trial today to determine if the health care giant is misusing the bankruptcy system for the second time in less than two years in a bid to force an end to about 40,000 cancer …
DOVER, Del. (AP) – The Boys Scouts of America’s $2.4 billion bankruptcy reorganization plan took effect Wednesday. But more time will be needed before survivors of child sexual abuse at the hands of Boy Scout leaders and volunteers begin receiving …
Johnson & Johnson’s second attempt to resolve talc lawsuits in bankruptcy should be dismissed as an unprecedented fraud designed to deny plaintiffs just compensation, lawyers representing cancer victims argued in a Monday court filing. The attorneys contend J&J defied a …
DOVER, Del. (AP) — Attorneys for several insurance companies are appealing a federal judge’s decision to uphold the confirmation of a $2.4 billion bankruptcy reorganization plan for the Boy Scouts of America. In an emergency motion filed Friday, attorneys for …
A federal judge on March 28 denied an appeal, largely made by insurers, to strike down the Boy Scouts of America’s nearly $2.5 billion reorganization plan approved last year to allow the organization to settle tens of thousands of sexual …
The parent of Silicon Valley Bank, seized last week by the U.S., is filing for Chapter 11 bankruptcy protection. SVB Financial Group, along with its CEO and its chief financial officer, were targeted this week in a class action lawsuit …
The Roman Catholic Diocese of Albany has filed for Chapter 11 bankruptcy protection in New York as it, like other dioceses in the state, faces hundreds of lawsuits by survivors of sexual abuse by priests. Bishop Edward B. Scharfenberger of …
KANSAS CITY, Mo. (AP) — Kansas City has reached a settlement with one of the gun dealers it accused in a lawsuit of contributing to surging violence in the region by ignoring evidence that firearms were being sold illegally. Kansas …
The bankruptcy case filed by Johnson & Johnson’s subsidiary shouldering talc-related lawsuits will soon be dismissed unless a U.S appeals court agrees to reconsider its decision to nix the company’s attempt to offload the litigation into Chapter 11 proceedings, a …
SAN DIEGO (AP) — The Roman Catholic Diocese of San Diego said Friday it may declare bankruptcy in the coming months as it faces “staggering” legal costs in dealing with some 400 lawsuits alleging priests and others sexually abused children. …