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Could the $18.8M Talc Verdict Threaten J&J's Bankruptcy Plan?
At a May 3 hearing, Johnson & Johnson lawyer Allison Brown pleaded with a bankruptcy judge not to allow a trial alleging its baby powder caused a 24-year-old man's mesothelioma. Doing so, she argued, would threaten an $8.9 billion settlement with nearly 60,000 talc claimants.
"What could threaten more, your honor, the efforts to get a plan out to tens of thousands of people than to allow one of them to proceed with a single trial?" she said.
On July 18, a jury in Oakland, CA, awarded $18.8 million to the plaintiff, Anthony Hernandez Valadez.
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Strategy vs. Tactics: Two Sides of a Difficult Coin
With each successive large-scale cyber attack, it is slowly becoming clear that ransomware attacks are targeting the critical infrastructure of the most powerful country on the planet. Understanding the strategy, and tactics of our opponents, as well as the strategy and the tactics we implement as a response are vital to victory.
'Huguenot LLC v. Megalith Capital Group Fund I, L.P.': A Tutorial On Contract Liability for Real Estate Purchasers
In June 2024, the First Department decided Huguenot LLC v. Megalith Capital Group Fund I, L.P., which resolved a question of liability for a group of condominium apartment buyers and in so doing, touched on a wide range of issues about how contracts can obligate purchasers of real property.
CoStar Wins Injunction for Breach-of-Contract Damages In CRE Database Access Lawsuit
Latham & Watkins helped the largest U.S. commercial real estate research company prevail in a breach-of-contract dispute in District of Columbia federal court.
The Article 8 Opt In
The Article 8 opt-in election adds an additional layer of complexity to the already labyrinthine rules governing perfection of security interests under the UCC. A lender that is unaware of the nuances created by the opt in (may find its security interest vulnerable to being primed by another party that has taken steps to perfect in a superior manner under the circumstances.