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J&J Offers $6.5 Billion for Talc Lawsuits Ahead of Third Bankruptcy Filing | WSJ - Healthcare giant Johnson & Johnson has offered a settlement pool of nearly $6.5 billion. ....
Talc producer Cyprus Mines Corp. received approval Thursday from a Delaware bankruptcy judge to extend the automatic stay of litigation against its nondebtor parent company to stop the prosecution of claims for talc injury against the parent. ....
A Delaware bankruptcy judge overrode concerns raised Tuesday by the U.S. Trustee's Office to allow Cyprus Mines Corp. to email service to the attorneys of talc injury claimants rather than mail it to each individual as Cyprus seeks to block talc suits against its parent company. ....
Two bankrupt talc producers that supplied Johnson & Johnson told a Delaware bankruptcy judge on Friday that they were extending ongoing mediation with talc claimants and insurers as they work on a settlement to address thousands of ovarian cancer and mesothelioma claims. ....