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US courts resist financial engineering as fears grow that litigation could continue for years.
Is this legal manoeuvre setting a precedent for corporations to evade accountability in America?
Examples of innovative services and advice developed by legal teams in Asia-Pacific
Kenvue valued at $41bn after carve-out from US healthcare group
Executives had tried to shield Kenvue from most of the asbestos lawsuits already facing the group
Healthcare group to ask judge to halt lawsuits over talcum powder linked to cancer under auspices of bankruptcy system
US bankruptcy may be a tolerable, if imperfect, forum for resolving these cases
Healthcare company tries to put thousands of lawsuits behind it with latest offer to plaintiffs
UK to design ‘digital pound’ that could fend off a future private tech rival
Ruling by US court will make companies think twice about using Chapter 11 schemes to handle lawsuits
Congress may eventually have to step in and create a new club to resolve mass torts
Ruling from US appeals court casts doubt on future of contentious ‘Texas two-step’ manoeuvre
A successful listing would focus J&J on its pharmaceutical and medical-device business
EV/ebitda multiple is rich, given the healthcare giant expects any potential cost savings to be ‘very modest’
Purchase of heart pumpmaker to help US pharma group focus on drugs and medical devices
Critics say the controversial legal manoeuvre allows companies to bypass their responsibilities. But judges are beginning to crack down
New Mexico and Mississippi say consumer company’s strategy is making a ‘mockery’ of bankruptcy law
Pharmaceutical group issues downbeat forecast despite better than expected quarterly results
This legal manoeuvre is setting a new precedent for corporations to evade accountability in America
US drugmaker seeks more tie-ups after existing collaboration yields new cancer treatment
Ruling opens a fresh chapter for resolving US tort cases
Fight moves to Congress after judge allows J&J to use scheme to help it settle billions in legal claims
Decision allows group to use the manoeuvre to manage tens of thousands of claims that its baby talc caused cancer
Lawyer who drafted statute says companies should not deploy it to ‘skirt’ their obligations
Asset managers call for pharma executive pay to be linked to equitable distribution of jabs
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