The Catholic Diocese of Sacramento is the latest diocese to declare Chapter 11 bankruptcy following a wave of civil lawsuits filed by victims who were abused by clergy and other church employees dating back to the 1950s.
Facing more than 250 lawsuits, church officials in Sacramento said the bankruptcy declaration clears the way for legal settlements with victims.
“There are...
A federal bankruptcy judge has again halted lawsuits filed by tens of thousands of cancer victims as part of Johnson & Johnson’s latest attempt to use bankruptcy laws to settle its growing litigation liabilities.
In January 2023, Third Circuit judges dismissed J&J’s first “Texas two-step” Chapter 11 filing, allowing plaintiffs suffering from ovarian cancer, mesothelioma...
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