J&J subsidiary files for bankruptcy to advance $8 billion talc ...
WEB2 days ago · J&J’s Red River Talc unit made its filing in the U.S. Bankruptcy Court for the Southern District of Texas. J&J faces lawsuits from more than 62,000 claimants who alleged that its baby powder and ...
Johnson & Johnson Announces that its Subsidiary, Red River Talc …
WEB2 days ago · NEW BRUNSWICK, N.J., September 20, 2024--Johnson & Johnson (NYSE: JNJ) (the "Company") announced that its subsidiary, Red River Talc LLC ("Red River"), filed a voluntary prepackaged Chapter 11 ...
Johnson & Johnson Announces that its Subsidiary, Red River Talc …
WEB2 days ago · None of LLT Management LLC, Red River Talc LLC nor Johnson & Johnson undertakes to update any forward-looking statement as a result of new information or future events or developments.
J&J subsidiary files for bankruptcy to advance $8 billion talc
WEB2 days ago · J&J’s Red River Talc unit made its filing in the U.S. Bankruptcy Court for the Southern District of Texas. J&J faces lawsuits from more than 62,000 claimants who alleged that its baby powder and ...
J&J Gets 83% of Baby Powder Victims to Agree to Talc Deal (1)
WEBLin Cheng. (Updates from first bullet.) J&J says about 83% of claimants support proposed bankruptcy plan. Red River filed Chapter 11 bankruptcy to fully and finally resolve all current and future claims related to ovarian cancer arising from cosmetic talc litigation. Red River increased settlement commitment by $1.75b to about $8b.
J&J Unit Seeks Chapter 11 For Third Time Over Baby Powder (2)
WEB2 days ago · Johnson & Johnson said it received overwhelming support for a roughly $8 billion settlement of claims that its talc-based baby powder caused cancer, a key step as the company makes its third attempt to resolve thousands of lawsuits in bankruptcy court.. The company’s subsidiary, Red River Talc LLC, filed for Chapter 11 bankruptcy in Texas after 83% of claimants accepted J&J’s settlement offer.
J&J's Subsidiary Red River Talc Files For Chapter 11 ... - Nasdaq
WEB2 days ago · (RTTNews) - Johnson & Johnson (JNJ) announced that its subsidiary, Red River Talc LLC, has voluntarily filed for a prepackaged Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the Southern ...
Johnson & Johnson unit seeks third Chapter 11 bankruptcy filing …
WEB2 days ago · Red River Talc has the support of 83% of current claimants for the settlement plan, a figure J&J noted is more than the 75% threshold required by the U.S. Bankruptcy Code. The bankruptcy attempt ...
Johnson & Johnson Announces that its Subsidiary, Red River Talc …
WEB3 days ago · Approximately 83% of Current Claimants and the Future Claims Representative Support the Proposed Bankruptcy Plan Red River Increased its Settlement Commitment by $1.75 Billion to Approximately $8 Billion Johnson Johnson (NYSE: JNJ) (the “Company”) announced that its subsidiary, Red River Talc LLC (“Red River”), filed a voluntary prepackaged Chapter 11 bankruptcy case today in the U.S ...
J&J tries bankruptcy again for talc cases - MSN
WEBDriving the news: J&J subsidiary Red River Talc LLC filed for Chapter 11 in a proposed settlement covering tens of thousands of cases in which victims say talc in the company's baby powder caused ...
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