In a win for injured soldiers, a federal judge on Friday dismissed the bankruptcy of 3M subsidiary Aearo Technologies, which was attempting to use its protections to permanently resolve 260,000 lawsuits alleging that 3M military earplugs caused hearing loss for veterans and U.S. service members.
“This is not over by a long shot”: Bailey Glasser founding partner Brian Glasser, one of the lead lawyers in the fight to protect plaintiffs in the J&J/LTL bankruptcy, made a statement to CBS News today rejecting what appears to be extra money found in Johnson & Johnson’s company lounge “seat cushions.” J&J, one of the world’s wealthiest companies, continues to try to abuse the bankruptcy process to deny plaintiffs injured by the company’s talc products their day in court.
Washington, D.C.: In a huge victory for individuals grievously harmed by Johnson & Johnson baby powder, the Circuit Court of Appeals for the Third Circuit roundly rejected Johnson & Johnson’s attempt to shovel all 38,000 cases into a brand-new subsidiary which then, within hours of creation, declared bankruptcy. In strong language, the federal appeals court found that the JNJ/LTL petition “has no valid bankruptcy purpose” and dismissed the bankruptcy in its entirety, reversing a ruling by a lower bankruptcy court.
