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2. Cancer victims ask court to block J&J talc bankruptcy - AOL

   www.aol.com/news/cancer-victims-ask-court-block...

   A group of cancer victims asked a federal judge to block Johnson & Johnson's proposed bankruptcy settlement of tens of thousands of lawsuits alleging the company's baby powder and other talc ...

3. In re Garlock Sealing Technologies, LLC - Wikipedia

   en.wikipedia.org/wiki/In_re_Garlock_Sealing...

   In re Garlock Sealing Technologies, LLC is a court case heard in the United States District Court for the Western District of North Carolina which involves the entry into bankruptcy proceedings by Garlock Sealing Technologies, once a manufacturer of coated asbestos gaskets, as a result of potential liability from current and future settlements. [1]

4. Debt settlement - Wikipedia

   en.wikipedia.org/wiki/Debt_settlement

   Debt settlement is the process of negotiating with creditors to reduce overall debts in exchange for a lump sum payment. A successful settlement occurs when the creditor agrees to forgive a percentage of the total account balance. Normally, only unsecured debts, not secured by real assets like homes or autos, can be settled.

5. Cancer victims lose bid to block proposed J&J talc bankruptcy

   www.aol.com/news/cancer-victims-lose-bid-block...

   A federal judge on Friday rejected a bid by a group of cancer victims to block Johnson & Johnson from pursuing a proposed bankruptcy settlement of tens of thousands of lawsuits alleging the ...

6. Settlement (litigation) - Wikipedia

   en.wikipedia.org/wiki/Settlement_(litigation)

   A settlement, as well as dealing with the dispute between the parties is a contract between those parties, and is one possible (and common) result when parties sue (or contemplate so doing) each other in civil proceedings. The plaintiffs and defendants identified in the lawsuit can end the dispute between themselves without a trial. [2]

7. US Supreme Court torn over Purdue Pharma bankruptcy settlement

   www.aol.com/news/us-supreme-court-set-review...

   Purdue estimates that its bankruptcy settlement, approved by a U.S. bankruptcy judge in 2021, would provide $10 billion in value to its creditors, including state and local governments, individual ...

8. Harrington v. Purdue Pharma L.P. - Wikipedia

   en.wikipedia.org/wiki/Harrington_v._Purdue...

   Harrington v. Purdue Pharma L.P., 603 U.S. 204 (2024), is a United States Supreme Court case regarding Chapter 11 of the Bankruptcy Code. [1] The case addressed the 2022-2023 Purdue Pharma bankruptcy settlement and whether, under Chapter 11 of the Bankruptcy Code, a release extinguishing claims held by nondebtors against nondebtor third parties, without the claimants’ consent could move forward.

9. Bankruptcy judge OKs $20M settlement for Bitwise workers ...

   www.aol.com/bankruptcy-judge-oks-20m-settlement...

   A federal bankruptcy judge has approved the terms of a $20 million settlement that will benefit former Bitwise Industries employees who abruptly lost their jobs when the Fresno-based technology ...