Johnson & Johnson Announces that its Subsidiary, Red River Talc …
WEB1 day ago · NEW BRUNSWICK, N.J., September 20, 2024 -- (BUSINESS WIRE)--Johnson & Johnson (NYSE: JNJ) (the "Company") announced that its subsidiary, Red River Talc LLC ("Red River"), filed a...
J&J unit files for bankruptcy to advance $10 billion talc settlement
WEB1 day ago · (Reuters) - A Johnson & Johnson subsidiary filed for bankruptcy for a third time on Friday as the healthcare giant seeks to advance an approximately $10 billion proposed settlement that would end...
J&J's Subsidiary Red River Talc Files For Chapter 11 Bankruptcy …
WEB1 day 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...
Johnson & Johnson Announces that its Subsidiary, Red River Talc …
WEB1 day ago · Johnson& Johnson announced that its subsidiary, Red River Talc LLC, filed a voluntary prepackaged Chapter 11 bankruptcy case today in the U.S. Bankruptcy Court for the Southern District of...
Johnson & Johnson Takes Steps to Equitably Resolve All Current …
WEBOct 14, 2021 · To demonstrate its commitment to resolving the cosmetic talc cases and remove any financial objections to the process, Johnson & Johnson has agreed to provide funding to LTL for the payment of amounts the Bankruptcy Court determines are owed by LTL and will also establish a $2 billion trust in furtherance of this purpose.
J&J Unit Seeks Chapter 11 For Third Time Over Baby Powder (2)
WEBThe company’s subsidiary, Red River Talc LLC, filed for Chapter 11 bankruptcy in Texas after 83% of claimants accepted J&J’s settlement offer. Those votes are still subject to challenge in the bankruptcy case by victims who object to the deal.
Johnson & Johnson unit seeks third Chapter 11 bankruptcy filing …
WEB1 day ago · A Johnson & Johnson (NYSE: JNJ) subsidiary, Red River Talc, that has been formed to handle claims related to the healthcare giant's talc-based products, filed a voluntary prepackaged...
Johnson & Johnson Announces that its Subsidiary, Red River Talc …
WEB2 days ago · Red River Increased its Settlement Commitment by $1.75 Billion to Approximately $8 Billion. NEW BRUNSWICK, N.J.-- (BUSINESS WIRE)-- 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. Bankruptcy Court for ...
J&J Gets 83% of Baby Powder Victims to Agree to Talc Deal (1)
WEBRed 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; Plan would resolve 99.75% of all pending talc lawsuits against company and its affiliates in US
J&J subsidiary files for bankruptcy to advance $8 billion talc
WEB1 day 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...
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