Judge Granted Motion to Dismiss Johnson & Johnson’s Second Bankruptcy Petition
Recently, in an important ruling for plaintiffs, a bankruptcy judge rejected Johnson & Johnson’s ploy to restrict the talc-related lawsuits against it, finding that the Johnson & Johnson’s bankruptcy petition was filed in bad faith. This was the second time the company was prevented from trying to limit its own exposure and settle lawsuits that allege its talc-based products cause cancer. If you suffered from cancer due to Johnson & Johnson talc use, consult the seasoned Chicago-based lawyers of Moll Law Group. Billions have been recovered in cases with which we’ve been involved.
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Tens of thousands of women have claimed that they suffer from gynecological cancers because they used Johnson & Johnson’s talc products. They claim that Johnson & Johnson knew about the risks that attended use of its talc products, including the baby powder for which the company is famous. In order to shield itself, the company created LTL Management, a subsidiary, and asked the court to allow the subsidiary, which filed for bankruptcy, to be able to pay $8.9 billion in order to resolve all the lawsuits against Johnson & Johnson.
Judge Michael Kaplan of the United States Bankruptcy Court for the District of New Jersey ruled for dismissal of the bankruptcy case because, he reasoned, the plaintiffs’ lawsuits don’t place the company in imminent financial distress. During after-hours trading, the company’s shares dropped nearly 2%. The first bankruptcy effort was dismissed for the same reason by the United States Court of Appeals for the Third Circuit in Philadelphia. Continue reading →
Illinois Injury and Mass Tort Lawyer Blog





VRURC portable chargers that are sold exclusively on Amazon.com were recently
Recently, the manufacturer
Between January 2003-December 2021, 284 entrapment deaths were reported in connection with adult portable bed rails. The United States Consumer Product Safety Commission (CPSC) is taking steps to protect vulnerable consumers from becoming injured through entrapment with these rails. To that end, it has released a new federal mandatory safety standard. If your loved one suffered suffocation or other injuries through entrapment because of adult portable bed rails, you should consult the experienced Chicago-based product liability lawyers of Moll Law Group about whether you have a viable claim for damages. Billions have been recovered in lawsuits with which we’ve been involved.
Issues with Philips Respironics’ CPAP machines, ventilators and other respiratory devices led to a major recall of certain models. The FDA received reports that the polyester-based polyurethane (PE-PUR) foam used in these breathing support device. Recently, the recall notice was updated with
Instant Pot is an extremely popular kitchen appliance, a multicooker that allows consumers to make large meals easily. Recently, however, Instant Brands, the parent company of Instant Pot, Corning Ware, and Pyrex, filed for
Recently, U.S. Bankruptcy Judge Jeffrey Graham
The Centers for Disease Control (CDC) has reported another death related to contaminated eyedrops that have been recalled. In March, there were only 68 reported deaths—now there are 81 cases, and the CDC expects these numbers to rise, notwithstanding the recall of the product earlier this year. Four people have died, according to these reports. Fourteen people were blinded and four required surgical removal of their eyeballs. Eye infections can turn fatal once the bacteria that caused the infection enters the bloodstream. Catastrophic injuries involving one’s eyes can dramatically change not only vision, but also the contours of a life. If you were injured or a loved one died due to recalled eyedrops, call the seasoned Chicago-based attorneys of Moll Law Group. Billions have been recovered in cases with which we’ve been involved.
Recently, the United States Consumer Product Safety Commission (CPSC) issued a 