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...Facing the loss of exclusivity of some of its best-selling drugs, boxed in by its own bureaucracy, stifled by a heavy debt burden and hounded by costly litigation after the takeover of US seed producer Monsanto...
...asked one consumer sector banker, adding that as well as the litigation liability, the category as a whole was unattractive due to declining populations in Europe and North America....
...Before Daynard provided a blueprint for litigating against Big Tobacco through his legal-resource group, the Tobacco Products Liability Project, “there was complete consensus among almost all legal authorities...
...Compared with all other consumer products — such as drugs and medical devices — Roundup has been the most targeted TV advertising since August, the firm said....
...The suits allege that an active ingredient in Roundup gave people cancer. In 2021, Bayer said it would stop selling consumer products with that specific ingredient....
...But he warned that GSK could face much higher liabilities if his evidence is allowed in trials....
...from the fallout of its ill-fated $63bn takeover of US seeds-maker Monsanto in 2016, which saddled the company with billions in debt and exposed it to costly litigation over Roundup....
...It is grappling with total debt estimated at about €42bn, one of the biggest product liability cases in corporate history, plus a pharmaceuticals growth problem....
...Anderson is also facing new concerns over the Roundup litigation, one of the biggest product liability cases in corporate history....
...But they're now proving themselves among the best eco-warriors in the US....
...The Berkshire unit facing the wildfire litigation, PacifiCorp, has a problem in common with many US utilities: how to fund potentially giant payouts if they’re found liable in future disasters....
...“Any multiple is simply not how tort litigation works in the US, and it’s not how this is going to unfold,” said Licht, who took over as Reckitt’s boss in October last year....
...A revised Product Liability Directive reverses the burden of proof on manufacturers of physical and digital goods....
...Bayer says it has won seven straight trials, a string of victories that has calmed investor anxieties over litigation liabilities....
...“We want better transparency for downstream companies who need to know what is in their products and supply chain.”...
...Over the weekend, Bayer also lost a key case in the US related to the weed killer Roundup, which it acquired when it bought Monsanto in 2016....
...in products including mobile phones and non-stick frying pans....
...The energy division also encompasses HomeServices of America, a real estate brokerage enmeshed in its own litigation....
...potentially emerging liability today....
...Bayer has denied the product causes cancer. “We’re not happy with this year’s performance,” Anderson told reporters on Wednesday after Bayer reported third-quarter results....
...Aviva is re-entering Lloyd’s of London for the first time in more than two decades to boost its exposure to the thriving commercial insurance market....
...AI products....
...Old rules are revised slowly — Reg Q was introduced in 1933 — disadvantaging banks. Third, financial product innovation is a vital enabler....
...AstraZeneca has settled disputes on stomach drugs Nexium and Prilosec for a combined total of $425mn, “effectively” resolving product liability claims in some US states....
...The company said it would take a pre-tax charge of approximately $4.2bn in the third quarter to cover the cost of the settlement. The earplug litigation is not the only legal liability facing 3M....
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