Il y a maintenant plus de 7 millions de traders dans notre équipe! Chaque jour nous travaillons à améliorer le trading. On s'efforce de vous offrir le meilleur et on obtient les plus beaux succès.
La confiance de millions de traders partout dans le monde est l'évaluation la plus élevée de notre travail!
Vous avez fait votre choix et nous allons faire de notre mieux pour répondre à vos attentes!
Ensemble, nous faisons une super équipe!
InstaSpot est fier de vous servir!
L'acteur, le champion de l'UFC et un vrai bogatyr russe! . Homme qui ne doit sa réussite qu'à lui-même. L'homme qui est sur la même route que nous suivons.
Le secret du succès de Taktarov est le progrès permanent vers la réalisation de son objectif.
Découvrez toutes les facettes de votre talent! Apprenez, essayez, commettez des erreurs, mais ne vous arrêtez pas!
InstaSpot - L'histoire de votre succès commence ici !
It was reported on Monday that a Johnson & Johnson subsidiary was accused of trying to use the bankruptcy process to withdraw lawsuits over their baby powder. There is some speculation that it causes cancer.
The subsidiary, LTL Management, chose the bankruptcy strategy as a way to reach a fair resolution of 38,000 lawsuits claiming that J&J's talc-based products cause cancer including mesothelioma. The company, though, stands firm on its point: the products are safe.
The core of J&J's strategy is the Texas two-step. It is a Texas law that allows corporations to found a new company that will undertake hardships and obligations instead of the parent company. The new company gets separated from the founder and declares itself bankrupt. This allows companies to resolve issues with plaintiffs, avoiding a jury trial and heavy financial losses.
According to the plaintiffs' lawyers, the LTL bankruptcy filing allows J&J to limit payments to victims to $2 billion. One of the lawyers called the move a rotten and deceitful one.
Robert Wuesthoff, president of LTL Management said the lawsuits would not be taken to court. By the way, before J&J founded its subsidiary, it had 10 talc trials a year.
He added that most cancer plaintiffs might accept payments offered in bankruptcy, rather than hope to be among the few who could receive extraordinary payments.
According to some reports, last year the company launched Project Plato, which functioned as a pack mule: to undertake the liabilities of the parent company and file for bankruptcy.
Many companies misuse the Texas two-step. Hence, in July 2021, the House of Representatives proposed a bill blocking this move.
Michael Kaplan, a U.S. bankruptcy judge, set a five-day court session to review a bid to close the bankruptcy case. The court's decision is expected to be announced by the end of the month.
As reported on Monday, J&J resolved 6,846 "talc" cases. The settlement totaled $966 million. This happened before LTL was formed.
According to Brian Glasser, a lawyer representing the plaintiffs, if all 38,000 talc cases had been settled, the company would have been obliged to pay $5.5 billion. That wouldn't be a financial hit for such a big company.
Shares of J&J ended down 1.3% at $165.60.
While J&J is waiting for the LTL's bankruptcy proceedings outcome, the talc lawsuits are paused.
The company stopped baby powder sales in the U.S. and Canada in May 2020, partly due to what it described as "misinformation" and " unfounded allegations" about the talc-based product.
InstaSpot analytical reviews will make you fully aware of market trends! Being an InstaSpot client, you are provided with a large number of free services for efficient trading.