Mike Spector

J&J puts talc liabilities into bankruptcy

Oct 15 2021

Johnson & Johnson on Thursday put into bankruptcy tens of thousands of legal claims alleging its Baby Powder and other talc-based products caused cancer, offloading the potential liabilities into a newly created subsidiary.

REFILE-UPDATE 3-Stellantis' Italian manager faces extradition to U.S. in diesel emissions probe

Sep 29 2021

Sept 29 Sergio Pasini, a manager at former carmaker Fiat Chrysler (FCA), now part of the Stellantis group, was released on Wednesday after being arrested two days before as part of a U.S. inquiry into diesel emissions rigging, a source familiar with the matter said.

A life and death question for regulators: Is Tesla's Autopilot safe?

Sep 21 2021

Robin Geoulla had doubts about the automated driving technology equipped on his Tesla Model S when he bought the electric car in 2017.

Judge will approve Purdue Pharma bankruptcy plan that shields Sacklers

Sep 01 2021

(Reuters) -A U.S. judge said on Wednesday he would approve OxyContin maker Purdue Pharma LP’s bankruptcy reorganization plan, clearing a path to resolve thousands of opioid lawsuits and shielding the company's wealthy Sackler family owners from future opioid litigation.

U.S. judge declines to stop J&J from splitting talc liabilities from main business

Aug 27 2021

A U.S. judge declined to stop Johnson & Johnson from taking steps to offload widespread Baby Powder liabilities from the rest of its business, preserving the option for the healthcare company to move thousands of claims from people who used its talc products to a unit that would file for bankruptcy.

Ruling on Purdue Pharma opioid settlement pushed back to next week

Aug 26 2021

A U.S. judge said on Thursday he now anticipates a ruling on OxyContin maker Purdue Pharma LP’s bankruptcy reorganization plan on Wednesday of next week instead of this week because he needs more oral argument on certain issues.

Mailbox, cameras. How Amazon interfered with Alabama union election -NLRB official

Aug 03 2021

E-commerce giant Amazon.com Inc interfered with a union election by installing a mailbox to collect ballots and by distributing paraphernalia encouraging employees to vote against organizing, according to a report by a U.S. National Labor Relations Board hearing officer.

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