A U.S. bankruptcy court judge has denied Johnson & Johnson’s settlement plan related to baby powder containing talc, providing another setback in the company’s efforts to resolve the matter.

A Johnson & Johnson subsidiary filed for bankruptcy for a third time on Friday as the healthcare giant seeks to advance an approximately $8 billion proposed settlement that would end tens of ...

The settlement is being offered through a corporate shell J&J created to absorb the cancer claims and file bankruptcy, a controversial legal tactic known as the Texas Two Step.

J&J has announced plans to finalize a $6.48 billion global settlement through the bankruptcy of a subsidiary company, after earlier efforts were rebuffed twice by federal courts.

The question of whether J&J’s settlement will be approved, or if opponents will succeed in stopping a third bankruptcy, will be left for later court hearings.

Johnson & Johnson moved to dismiss an amended, proposed class action alleging the company engaged in fraudulent transfers to cheat talc litigation plaintiffs of recoveries.

Driving 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 ...

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 tens of ...

After two failed attempts, Johnson & Johnson is again seeking to use bankruptcy court to end mass lawsuits over its talc-based baby powder.

A U.S. bankruptcy court judge has denied Johnson & Johnson’s settlement plan related to baby powder containing talc, providing another setback in the company’s efforts to resolve th… ...