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Johnson & Johnson Co Inc
Johnson & Johnson proposes $8.9bn talc settlement
...Carl Tobias, professor of law at University of Richmond, said J&J’s strategy of using the Chapter 11 again to try to resolve the cases through a global settlement appeared risky given the decisive dismissal...
April 4, 2023
Johnson & Johnson Co Inc
J&J blocked from using bankruptcy to resolve talcum powder lawsuits
...Carl Tobias, law professor at University of Richmond, said: “The only prospect left for J&J is an appeal to the Supreme Court, which grants review in a minuscule percentage of appeals.”...
January 30, 2023
FT Live
US Pharma and Biotech Summit
Strategies for innovation, pricing and access
Thursday, 16 MayNew York, NY, USA
Koch Industries Inc
Koch Industries’ Texas two-step bankruptcy move challenged
...The Bestwall motion cites the J&J ruling, saying it makes clear that financial distress is the first inquiry made before a company receives the benefits of bankruptcy....
February 18, 2023
HTSI
Cult Shop: an eclectic design gallery with apartment rooms
...When Tobias Vernon was studying history of art at Cambridge, a simple, sunny sketch of a fishing trawler by the St Ives artist Bryan Pearce hung in his room....
November 4, 2022
3M Co
3M loses attempt to halt thousands of earplugs lawsuits
...Carl Tobias, professor of law at the University of Richmond, said: “This is a very important case for plaintiffs in mass tort or MDL cases like J&J talc and 3M earplugs, because the effect is to protect...
August 26, 2022
Legal services
Architects of ‘Texas two-step’ lambast J&J for its use of the manoeuvre
...said Carl Tobias, professor of law at the University of Richmond....
February 14, 2022
FT Live
Global Pharma and Biotech Summit
Driving life sciences innovation in a disrupted world
Tuesday, 5 NovemberIn-Person & Online Conference
Corporate earnings and results
J&J spent $1.4bn on legal move to shield it from talc cancer claims
...Carl Tobias, professor of law at University of Richmond, noted that there was little legal precedent for J&J’s “Texas two-step” manoeuvre....
October 19, 2021
FT Magazine
This Joshua Reynolds painting is a national treasure. Why is Britain struggling to keep it?
...When they returned home, the English visitors, including a young officer called Tobias Furneaux, brought with them stories of a Tahitian utopia that set off a “Pacific craze” in Britain....
February 23, 2023
News in-depthLegal services
‘Texas two-step’ outcry risks ending fee bonanza for law firm Jones Day
...Carl Tobias, professor of law at University of Richmond, said Jones Day’s success to date in persuading judges to allow their clients to capitalise on the Texas two-step in protecting their assets illustrates...
February 6, 2022
News updates from November 11: UK growth beats expectations, Upper Austria announces lockdown for unvaccinated, Mexico’s central bank raises rates
Judge sends talc bankruptcy to Johnson & Johnson’s home state
...Carl Tobias, law professor at the University of Richmond law school, said J&J might have decided that the North Carolina court was a better venue for the bankruptcy, as its corporate headquarters were based...
November 10, 2021
News updates from November 10: Rates of inflation in US and China hit multi-decade highs, Electric vehicle start-up Rivian soars in stock market debut, Czech billionaire buys 27% stake in West Ham United
Judge sends talc bankruptcy to Johnson & Johnson’s home state
...Carl Tobias, law professor at University of Richmond law school, said J&J may have decided that the North Carolina court was a better venue for the bankruptcy, as its corporate headquarters are based in...
November 10, 2021
Johnson & Johnson Co Inc
J&J’s ‘Texas-two-step’ sparks outcry over US bankruptcy regime
...But this is an entirely new strategy where the company is trying to shed its liabilities,” said Carl Tobias, law professor at University of Richmond law school....
October 28, 2021
US opioid epidemic
Federal jury finds US pharmacy chains liable for opioid epidemic
...Earlier this month, the Oklahoma Supreme Court overturned a $465m verdict against J&J, arguing the district court that had earlier heard the case “had erred in extending the public nuisance statute to the...
November 23, 2021
Meta Platforms
Facebook bans Trump for at least two years
...“The two-year suspension could seriously impair Trump’s efforts to remain relevant politically for 2024,” said Carl Tobias, a law professor at the University of Richmond....
June 4, 2021
FT SeriesCollecting: Frieze Week in London
The ebullient world of Adrian Sassoon
...At 19, he moved to California to work for the J Paul Getty Museum for five years, before returning to London to work in the antiques trade....
October 2, 2020
FT Live
Business of Art
Market shifts and future growth
Monday, 7 October180 Studios, London, UK
LexLegal services
US law: damages limitation Premium content
...Carl Tobias, a law professor at the University of Richmond, points out that steep awards dished out by US juries are almost always reduced on appeal....
October 12, 2019
Johnson & Johnson Co Inc
Johnson & Johnson faces court judgment over opioids crisis
...said Mr Tobias. However, Ms Lahav believes that it will be hard to prove that J&J caused a public nuisance in such a highly regulated area, where the US Drug Enforcement Agency oversaw their work....
August 25, 2019
ReviewBiography and memoir
The Man Who Wrote the Perfect Novel — John Williams and Stoner
...“A good day for Williams was a paragraph he liked,” notes Charles J Shields in this exemplary biography, the first devoted to the life of one of America’s most unusual writers....
January 11, 2019
News in-depthUS opioid epidemic
Drugmakers braced for opioid crisis reckoning
...J&J is contesting the charges and said in a statement: “Our actions in the marketing and promotion of these important prescription pain medications were appropriate and responsible” adding that since 2008...
July 12, 2019
US opioid epidemic
OxyContin maker settles state’s opioid claims for $270m
...Carl Tobias, a law professor at the University of Richmond, said it was a “tough judgment call” for Oklahoma....
March 26, 2019
ReviewLife & Arts
The End of the French Intellectual by Shlomo Sand — the end of the affair
...Sand’s book, which was originally published in French in 2016, is subtitled “From Zola to Houellebecq” because both authors used their profiles as public intellectuals to write open letters with “J’accuse...
April 6, 2018
FT In depthFacebook privacy breach
US Congress summons Zuckerberg over Facebook data use
...Tamara Ingram, chief executive of advertising group J Walter Thompson, said she understood Facebook's desire to grasp the facts before putting senior executives up for comment but added: "No brand I know...
March 22, 2018
Life & Arts
London Art Week preview: sketches and drawings
...Thus the catalogue opens with a lucid, highly finished drawing of Tobias and the Angel by the little-known Louis Chéron, a French Huguenot who fled France for Britain followed the revocation of the Edict...
June 22, 2018
Climate change
Greta Thunberg tells UN leaders ‘we will never forgive you’: 2019 summit latest
...Camilla Hodgson Standing room only for the oil and gas company response Ten blocks from the UN climate summit, inside an ornate library built by J Pierpont Morgan, startups backed by 13 of the world’s...
September 23, 2019
InterviewLife & Arts
Film director Raoul Peck on his documentary I Am Not Your Negro
...On the one hand there was O.J.: Made in America, about the disgraced sports star turned actor O.J....
April 4, 2017

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