J&J Unit Seeks Chapter 11 Bankruptcy for Third Time Over Baby …
WEB1 day ago · JNJ. (Bloomberg) -- Johnson & Johnson said it received overwhelming support for a roughly $8 billion settlement of claims that its talc-based baby powder caused cancer, a key step as the company ...
J&J Unit Seeks Chapter 11 For Third Time Over Baby Powder (2)
WEB1 day ago · Documents. Johnson & Johnson said it received overwhelming support for a roughly $8 billion settlement of claims that its talc-based baby powder caused cancer, a key step as the company makes its third attempt to resolve thousands of lawsuits in bankruptcy court. The company’s subsidiary, Red River Talc LLC, filed for Chapter 11 bankruptcy in ...
J&J Baby Powder Lawsuits: Unit Seeks Chapter 11 Bankruptcy for …
WEB1 day ago · Legal. J&J Unit Seeks Chapter 11 Bankruptcy for Third Time Over Baby Powder Suits. Some 83% of plaintiffs agreed to J&J’s about $8 billion offer. Company hopes to put years of litigation to rest ...
Iconic Tupperware Brands seeks Chapter 11 bankruptcy - AP News
WEB3 days ago · NEW YORK (AP) — Tupperware Brands, the company that revolutionized food storage decades ago, has filed for Chapter 11 bankruptcy protection. Orlando, Florida-based Tupperware plans to continue operating during the bankruptcy proceedings and will seek court approval for a sale, “in order to protect its iconic brand,” the company said just ...
Big Lots files for bankruptcy | CNN Business
WEBSep 9, 2024 · Chapter 11 is useful for Big Lots because “it gives a debtor leverage in negotiations and allows a company to renegotiate and reject burdensome leases and contracts, which are often a major...
Chapter 11 Bankruptcy: What You Need To Know - Forbes
WEBFeb 18, 2022 · If your business is behind on its bills, struggling with too much debt and besieged by creditors, you may be able to catch a break with Chapter 11 bankruptcy and get back on track.
ANALYSIS: Six Trends in the Latest Chapter 11 Wave - Bloomberg Law News
WEBJun 26, 2023 · Chapter 11 filings are up, promising steady work for bankruptcy and restructuring attorneys for quite a while. I’ve taken a look at Chapter 11 bankruptcy cases that have been filed since the beginning of the year, and have identified six trends that make this latest wave unique.
Bankruptcy filings surge in first half of 2023 in US, Epiq says
WEBJul 3, 2023 · U.S. Chapter 11 bankruptcy filings jumped 68% in the first half of 2023 from a year earlier, Epiq Bankruptcy, a provider of U.S. bankruptcy filing data, said on Monday.
Repeat Chapter 11 Filers Dominate 2023 Bankruptcy Landscape
WEBJan 10, 2024 · Struggling companies seeking bankruptcy turned 2023 into one of the biggest years for repeat Chapter 11 filers, suggesting many didn’t make the necessary cuts or business changes to successfully revive themselves the first time around.
Corporate America Faces a Bankruptcy Boom - The New York Times
WEBMay 18, 2023 · New data shows that 2023 is shaping up to be the biggest year for Chapter 11 filings in more than a decade. More than 230 firms have filed for bankruptcy protection in 2023, including Bed...