J&J Unit Seeks Chapter 11 Bankruptcy for Third Time
Johnson & Johnson unit seeks third Chapter 11 bankruptcy filing to settle talc claims
A Johnson & Johnson (NYSE:JNJ) subsidiary, Red River Talc, that has been formed to handle claims related to the healthcare giant's talc-based products, filed a voluntary prepackaged Chapter 11 bankruptcy case Friday to resolve current and future claims linked to ovarian cancer.
J&J Unit Seeks Chapter 11 Bankruptcy for Third Time Over Baby Powder Suits
Johnson & Johnson said it received overwhelming support for a roughly $8 billion settlement of claims that its talc-based baby powder caused cancer, a key step as the company makes its third attempt to resolve thousands of lawsuits in bankruptcy court.
Tupperware files for Chapter 11 bankruptcy with $1.2 billion in debt
Tupperware is literally the household name in food storage, but its sales have declined in the past five years.
J&J's Subsidiary Red River Talc Files For Chapter 11 Bankruptcy To Resolve Ovarian Cancer Claims
Johnson & Johnson (JNJ) announced that its subsidiary, Red River Talc LLC, has voluntarily filed for a prepackaged Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the Southern District of Texas.
Tupperware filing Chapter 11 bankruptcy amid falling sales
Tupperware — the company that sells those nostalgic, lidded plastic containers from your youth — is trying to file for bankruptcy after years of financial ups and downs.
Tupperware Brands files for Chapter 11 bankruptcy
Kissimmee-based Tupperware plans to continue operating during the bankruptcy proceedings and will seek court approval for a sale, “in order to protect its iconic brand,” the company said just
Red Lobster survives Chapter 11 bankruptcy under new ownership
Red Lobster, the seafood chain known for its endless shrimp deals and cheddar bay biscuits, has emerged from Chapter 11 ...
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Red Lobster Emerges from Chapter 11 Under New CEO Damola Adamolekun, Secures $60 Million to Enhance Customer Experience
Red Lobster emerges from Chapter 11 with Damola Adamolekun as CEO and $60 million in funding to enhance dining experiences.
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What Chapter 11 bankruptcy filings by retailers will mean for commercial real estate
Columbus, Ohio-based Big Lots Inc. became the latest major retailer to file for Chapter 11 bankruptcy protection earlier ...
Tupperware files for Chapter 11 bankruptcy due to declining sales, 3 months after laying off 150 employees
Tupperware filed for Chapter 11 bankruptcy due to declining sales and an increase in competition from other brands.
Tupperware Files For Chapter 11 As Famous Sales Parties Fall Flat
Tupperware, one of the brands that revolutionized U.S. retailing with its famous sales parties, is entering Chapter 11 after ...
How Tupperware evaded foreclosure with Ch. 11 filing
Backed into a corner, Tupperware avoided immediate takeover amid creditor conflict by filing for Ch. 11 bankruptcy protection ...
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EXEC: Giant Group Subsidiary Acquires Stages Cycling Assets Out of Chapter 11
SPIA Cycling, Inc., a subsidiary of Taiwan-based The Giant Group, has successfully acquired key assets of the Stages Cycling brand from its owner companies, some of which filed for Chapter 11 ...
After Sinking To The Bottom, Red Lobster Snapped Up From Chapter 11
Seafood chain Red Lobster has exited Chapter 11 restructuring after approval for a $375 million acquisition by RL Investor ...