January 03, 2025
A New Jersey federal judge upheld a $1.75 million discretionary fee payable to investment banking firm Houlihan Lokey Capital for its work on behalf of talc claimants in the second Chapter 11 case of Johnson & Johnson's former talc unit.
September 24, 2024
A New Jersey bankruptcy judge on Tuesday declined the U.S. trustee's request to move Johnson & Johnson's latest talc-unit Chapter 11 from Texas to the Garden State, saying the issue could be as ably decided by a Texas court while avoiding a thorny issue of authority.
December 21, 2023
The New Jersey bankruptcy judge overseeing the now-dismissed Chapter 11 case of Johnson & Johnson talc spinoff LTL Management declined Thursday to reconsider his decision to award a $1.75 million bonus to the tort claimants' investment banker.
December 21, 2023
Plenty of healthcare and life science litigation dominated headlines in 2023 — including a couple of opioid decisions that might change how settlements are doled out and how prosecutors charge doctors involved in pill mill schemes.
December 20, 2023
Beasley Allen Law Firm and one of its veteran plaintiffs' attorneys have hit back at Johnson & Johnson's attempt to disqualify them from multidistrict litigation over the alleged link between the company's talcum powder products and ovarian cancer, denying that they collected privileged information from a former J&J attorney.
December 20, 2023
With the curtain closing on 2023, bankruptcy experts say the past year has featured cases and legal issues of great importance to the practice area that will have implications for years to come.
November 08, 2023
A New Jersey bankruptcy judge has said firms representing talc injury claimants can get paid for work they did in the early days of the second Chapter 11 case of Johnson & Johnson's talc spinoff, but cut their $1.3 million request by nearly a third.
November 03, 2023
Johnson & Johnson, which twice failed to use bankruptcy to resolve claims its baby powder caused cancer, is plotting a third Chapter 11 filing, with the potential to spark a circuit split that could put the controversial "Texas Two-Step" maneuver squarely in the U.S. Supreme Court's sights, experts told Law360.
October 31, 2023
A New Jersey bankruptcy judge has approved $13.1 million in fees and expenses to a pair of law firms who represented talc claimants in the Chapter 11 case of a Johnson & Johnson affiliate, but has yet to decide on approving fees accrued by the firms during the first 10 days of the case.
October 18, 2023
Johnson & Johnson is considering putting its talc unit into bankruptcy for a third time in an attempt to advance an $8.9 billion settlement of thousands of claims alleging J&J's baby powder caused cancer and mesothelioma, the company said in an earnings call.