bankruptcy

Bankruptcy Filing the Latest in WanaBana’s Applesauce Lead Poisoning Debacle

The once-popular fruit puree brand WanaBana has found itself in a dire situation, filing for Chapter 7 bankruptcy just months after a major recall of its cinnamon-flavored applesauce pouches. This recall was sparked by the recent discovery of dangerously high levels of lead contamination in the products, leading to a string of lawsuits and a […]

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Bayer Considers Controversial Bankruptcy Scheme to Settle Roundup Lawsuits

The controversy surrounding Bayer AG and its Roundup weedkiller continues to escalate as the company faces massive verdicts in non-Hodgkins lymphoma lawsuits. With a wave of additional trials set to take place throughout 2024, Bayer is reportedly considering a controversial bankruptcy scheme known as the “Texas two-step” to force settlements through the U.S. bankruptcy system.

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Federal Judge Denies 3M’s Attempt to Resolve Earplug Hearing Loss Lawsuits in Bankruptcy

Pharmaceutical giant Pfizer is recalling all lots of its popular smoking cessation drug Chantix nationwide, due to the presence of unacceptable levels of the carcinogenic chemical N-nitroso-varenicline. Chantix is the latest in a long line of drugs to be pulled from the market recently after the discovery of potentially harmful nitrosamines, which can cause cancer

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