Lawsuit Filed Against Johnson & Johnson for Bad Faith Bankruptcies
Bailey & Glasser, LLP and a group of leading law firms filed a federal lawsuit against Johnson & Johnson and other defendants due to their repeated attempt to use the U.S. bankruptcy system to prevent victims of its cancer-causing products from having their day in court. The case is Love v. LLT Management LLC, No. 24-06320 (5/22/24), U.S. District Court for the District of New Jersey.
The Bailey Glasser team in this case includes founding partner Brian A. Glasser; David L. Selby II, the firm’s Mass Tort Practice Group Leader, partner D. Todd Mathews, and Of Counsel Thomas B. Bennett, former Chief Justice of the United States Bankruptcy Court for the Northern District of Alabama. Other firms representing the plaintiffs in this lawsuit are Beasley Allen Crow Methvin Portis & Miles PC, Levin Papantonio Rafferty Proctor Buchanan O’Brien Barr Mougey PA; Golomb Legal; Ashcraft & Gerel LLP; and Burns Charest LLP.
Brian Glasser and Bailey Glasser have been fighting to protect victims of Johnson & Johnson products since 2022, where we originally served as co-lead trial counsel to the Official Committee of Talc Claimants in the first Johnson & Johnson bankruptcy of its special purpose subsidiary LTL Management. That bankruptcy ended up being dismissed by the U.S. Court of Appeals for the Third Circuit in 2023, which 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 in New Jersey.
After that loss, JNJ filed another bankruptcy in another bad faith attempt to avoid facing justice in courtrooms across the country.
Now, as alleged in this lawsuit, Johnson & Johnson adopted a “strategy of repeat fraudulent transfers and serial bad faith bankruptcy filings to hinder, delay, and defraud’’ the plaintiffs.
To read this lawsuit please visit this link.