Posts Tagged 'asbestos'

Johnson & Johnson Legal Exploit Spurs Congressional Reaction, Legislation

congress introduces bill to close J&J loopholeRecoiling in horror from the unconscionable exploit of the American legal system perpetuated by Johnson & Johnson in sidestepping its liability for millions of potential cases of cancer across the country, members of Congress have introduced the Nondebtor Release Prohibition Act of 2021. The legislation would help close the kind of legal loopholes that J&J used to unload its talc asbestos liability onto a newly created company ...

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Johnson & Johnson Uses Legal Exploit to Evade Talc Asbestos Liability

Johnson & Johnson uses Texas two step bankruptcy to shield itself from talc asbestos liabilityWell, they did it. To anyone who was hoping that the corporation once revered as one of the world’s most trusted and wholesome names in healthcare goods would abandon a plan so sinister that it drew criticism even at its mere mention, Johnson & Johnson would like you to know that your hope was woefully misplaced.

When reports surfaced this ...

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Johnson & Johnson Exploring Bankruptcy Protection over Talc Asbestos Claims

johnson & johnson exploring texas two step bankruptcy to protect against asbestos lossesIt doesn’t take a long memory to recall a time when Johnson & Johnson might have been one of the most trusted pharmaceutical and health care brands in the world. The company’s marketing was the epitome of wholesomeness – adorable babies, “No Tears” shampoos, healthy families, “ouchless” Band-Aids. Throw in a slice of apple pie and its public relations campaigns were nothing short of ...

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Johnson & Johnson Loses $2.2 Billion Talc Asbestos Appeal

johnson & johnson loses 2 billion dollar talc asbestos appealThe Missouri Supreme Court declined to overturn a June 23 state appeals court decision that itself had allowed a July 2018 multi-billion dollar verdict to stand against Johnson & Johnson. The company was found liable for 22 women’s development of ovarian cancer. The diagnoses were argued to be the result of the presence of asbestos fibers in talc powder; an allegation long-since denied ...

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BASF Agrees to Talc Asbestos Settlement

BASF settles talc asbestos lawsuitWith close to 20,000 cases pending against it, Johnson & Johnson may be the first wrong-doer to come to mind when it comes to the risk of asbestos contamination of the nation’s talc-based products. It is, however, far from the only culprit.

One of the others, German chemical company BASF, recently agreed to pay $72.5 million in its own settlement while simultaneously avoiding the admission of any wrongdoing whatsoever ...

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Multibillion Dollar Talc Award Cut, but Verdict Stands

verdict stands in J&J appealIt was the sixth largest financial award in the history of the country’s legal system. And while it has been cut in half by a Missouri appeals court, its implications for ongoing talc litigation are significant.

When a St. Louis jury awarded 22 women over $4.5 billion after finding that asbestos present in Johnson & Johnson talc-based hygiene products like Shower to Shower was responsible for their development of ovarian cancer, the ...

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