Bed Bath & Beyond, described as a ‘US institution’, files for bankruptcy protection
Bed Bath & Beyond has filed for bankruptcy protection in the US, following years of falling sales, financial losses and failed recovery efforts. The homeware chain made the filing in the US District Court in New Jersey, saying it will start to wind down its operations while seeking a buyer for some or all of […]
Johnson & Johnson appeals bankruptcy again to resolve lawsuits against its talc for US $ 8,900 million
Johnson & Johnson is trying to use the bankruptcy courts again to settle tens of thousands of lawsuits alleging its talc products cause cancer. The pharmaceutical company is now willing to pay $8.9 billion to the plaintiffs over 25 years. For the second time, a J&J subsidiary called LTL filed for bankruptcy on Tuesday, a […]
