Baltimore Archdiocese Says it Will File for Bankruptcy Before New Law Takes Effect October 2, 2023 By Lea Skene BALTIMORE (AP) — The Archdiocese of Baltimore announced Friday it filed for Chapter 11 bankruptcy reorganization days before a new...
3M Agrees to Pay $6 Billion in US Military Earplug Lawsuit Settlement September 6, 2023 By Brendan Pierson 3M has agreed to pay $6.01 billion to settle lawsuits by U.S. military veterans and service members who say they...
Montana Clinic Files for Bankruptcy Following $6 Million Judgment over False Asbestos Claims August 10, 2023 By Matthew Brown BILLINGS, Mont. (AP) — A health clinic in a Montana town plagued by deadly asbestos contamination has filed for bankruptcy...
J&J Fights to Save Legal Tactic That Would End Cancer Suits July 3, 2023 By Steven Church Johnson & Johnson wrapped up a trial today to determine if the health care giant is misusing the bankruptcy system...
Boy Scouts Bankruptcy Plan in Effect; Appeals Likely Go on April 21, 2023 By Randall Chase DOVER, Del. (AP) – The Boys Scouts of America’s $2.4 billion bankruptcy reorganization plan took effect Wednesday. But more time...
J&J Talc Unit 2nd Bankruptcy Must Be Dismissed, Lawyers Say April 11, 2023 By Dietrich Knauth and Mike Spector Johnson & Johnson’s second attempt to resolve talc lawsuits in bankruptcy should be dismissed as an unprecedented fraud designed to...
Boy Scouts Bankruptcy Plan Headed to Federal Appeals Court April 3, 2023 By Randall Chase DOVER, Del. (AP) — Attorneys for several insurance companies are appealing a federal judge’s decision to uphold the confirmation of...
Judge Denies Insurers’ Appeal in Boy Scouts Reorganization Plan March 28, 2023 By Chad Hemenway A federal judge on March 28 denied an appeal, largely made by insurers, to strike down the Boy Scouts of...
Parent of Silicon Valley Bank Seeks Bankruptcy Protection March 20, 2023 The parent of Silicon Valley Bank, seized last week by the U.S., is filing for Chapter 11 bankruptcy protection. SVB...
Albany Diocese Files for Bankruptcy Amid Sexual Abuse Lawsuits March 16, 2023 By Insurance Journal staff The Roman Catholic Diocese of Albany has filed for Chapter 11 bankruptcy protection in New York as it, like other...