July 15, 2024 On June 27, 2024, in a narrow 5-4 vote, the Supreme Court ruled that the nonconsensual third-party release against non-debtors that comprised an essential part of a proposed settlement are not authorized by any provision in the Bankruptcy Code. In...
On June 6, U.S. District Judge Karen S. Marston of the Eastern District of Pennsylvania was selected by the Judicial Panel on Multidistrict Litigation (JPML) to assume responsibility for the litigation involving Ozempic and other similar drugs following the sudden...
The ongoing saga of pharmaceutical giant Johnson and Johnson’s third attempt to file for bankruptcy and resolve over 61,000 lawsuits involving its talc products has escalated into a battle between two factions of law firms representing women who allege that they...
Verus has been serving as a settlement administrator for a growing number of class actions, mass torts and asbestos settlement trusts since its inception in 2004 and to date has managed over 50 personal injury trusts, class action settlements, and other mass tort...
The ongoing saga of pharmaceutical giant Johnson and Johnson’s third attempt to file for bankruptcy and resolve over 61,000 lawsuits involving its talc products has escalated into a battle between two factions of law firms representing women who allege that they...
Verus offers a wide range of financial and business support services to settlement trusts and law firms that might not have the in-house expertise or employees to handle complex or time-consuming administrative tasks themselves. Our services, powered by our deep...
On May 24, 2024, in the first U.S. jury trial held involving the popular heartburn medication Zantac, a Cook Court, Illinois circuit court jury found in favor of drug makers GlaxoSmithKline (GSK) and Boehringer Ingelheim and against plaintiff Angela Valadez. Seeking...
U.S. District Judge for the Northern District of California, Jacqueline Scott Corley, has appointed a number of attorneys to serve in leadership positions in the multidistrict litigation involving baby food and its alleged connection to the development of autism...
U.S. District Judge Gene E.K. Pratter of the Eastern District of Pennsylvania has selected eight plaintiffs’ lawyers to the plaintiffs’ committee to lead the multidistrict litigation involving diabetes and weight loss drugs Ozempic, Wegovy, Rybelsus, Trulicity and...
On March 27, 2024, the judge overseeing the over 53,000-case talc MDL, U.S. District Judge Michael Shipp, determined that December 1, 2023 changes to Federal Rule of Evidence and the development of new science require a new evaluation of the relevant expert evidence...
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