Johnson & Johnson's $9 Billion Bankruptcy Vote Under Scrutiny by Talc Claimants Amid $6 Billion Trial Against Abbott and Reckitt
Lawyers representing some talc claimants are challenging Johnson & Johnson's approval of a $9 billion bankruptcy plan, alleging that the vote was improperly conducted. A bankruptcy judge is set to hear arguments on this matter in three months. In a separate legal development, a jury has been asked to award over $6 billion in a trial against Abbott Laboratories and Reckitt Benckiser's Mead Johnson, concerning claims that their infant formulas for premature babies caused a severe intestinal illness. This trial follows sanctions imposed on Kirkland & Ellis attorney Jim Hurst for misconduct in an unrelated infant formula case.
Sources
Reuters LegalA lawyer for a Missouri mother asked a jury to make Abbott and Reckitt's Mead Johnson pay a total of more than $6 billion in the latest trial over claims that the companies' formulas for premature babies caused a severe intestinal illness https://t.co/AnTv36R4IJ https://t.co/qoGe6pyQUw
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🔵 JURY ASKED TO AWARD MORE THAN $6 BILLION IN PRETERM FORMULA CASE AGAINST ABBOTT, RECKITT'S MEAD Full Story → https://t.co/KaCy1g5Hzv https://t.co/vRtUO9DBsy
Law.com ICYMI. Infant Formula Judge Sanctions Kirkland's Jim Hurst: 'Overtly Crossed the Lines' https://t.co/noDKjWsTKn https://t.co/xX6ktcEyII
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