U.S. Bankruptcy Judge Christopher Lopez told all sides in the Johnson & Johnson talc powder bankruptcy litigation Tuesday that he will “get a big pot of coffee” and spend the weekend in his office going through more than 11,500 disputed votes in order to get an accurate number of claimants supporting and opposing J&J’s $8.2 billion settlement plan. New Jersey-based J&J created a new Texas-headquartered subsidiary in September called Red River Talc and used a Texas law to transfer all its potential liabilities from tens of thousands of lawsuits filed against J&J by women who claim they have ovarian cancer because they used J&J’s talc powder. But there’s a dispute over 11,500 votes that were switched from voting against J&J’s forced bankruptcy plan to being in favor.
McDermott Advising Wellpath on SDTX Bankruptcy
A Nashville-based healthcare services company that focuses on treating incarcerated inmates filed for Chapter 11 bankruptcy protection in Houston Monday, claiming more than $1 billion in liabilities and an equal amount in assets. Wellpath Holdings and about 40 of its affiliated companies, which served about 3,000 in 2023 and reported revenues of $425 million, filed for bankruptcy in the Southern District of Texas. The case has been assigned to Judge Alfredo Perez.
A Texas Two-Step Showdown: J&J Talc Powder, $8B and Claims of Bankruptcy Fraud
Lawyers representing tens of thousands of women — including 465 from Dallas/Fort Worth and a total of 2,558 from Texas — will face off with each other and against pharmaceutical giant Johnson & Johnson in a Houston courtroom this week to determine the legitimacy of an $8.2 billion settlement agreement proposed by J&J to end all lawsuits brought by women who claim the company’s talc powder caused their ovarian cancer.
Trial lawyers representing thousands of the women claim the settlement is a farce and a fraudulent attempt by one of America’s most iconic and profitable corporations to use the federal bankruptcy system to force victims to accept their proposal and shield itself and its shareholders from billions of dollars more in potential liability. They and the U.S. Trustee want Judge Christopher Lopez to intervene.
The NEW Roundtable Turns 10 — A Decade of Making a Difference
Jacobs Deputy GC Chasity Henry founded the NEW Roundtable, a nonprofit that brings together in-house and outside counsel with the mission of promoting the advancement of African American women lawyers. NEW stands for Network of Empowered Women. The organization is celebrating its 10th anniversary this week with a gala. The NEW Roundtable started with Henry and about two dozen other Black women lawyers and has grown to nearly 100 members, including Black women who are in-house counsel, lawyers at law firms or in government service or in academia.
“This broad base enables us to drive impactful connections and career development across various sectors of the legal profession,” Henry said in an interview with The Texas Lawbook. “Our members’ professional achievements across the legal spectrum demonstrate that The NEW Roundtable is not just creating opportunities — it is transforming the legal landscape for Black women attorneys. Through community, mentorship, and strategic alliances, we are reshaping what is possible in the legal profession.”
The Lawbook recently interviewed Henry about the 10th anniversary of the NEW Roundtable, the successes and challenges of the organization and the legal profession regarding diversity and inclusion.
P.S. — 2024 DFW Pro Bono and Diversity Award Nominations Now Welcomed
The Association of Corporate Counsel’s DFW Chapter and The Texas Lawbook are seeking nominations for the 2024 DFW Corporate Counsel Awards for Achievement in Pro Bono and Public Service, Achievement in Diversity and Inclusion and Create Partnership. The awards recognizing pro bono and diversity celebrate the efforts and successes of corporate in-house counsel who use their positions to serve their communities and the legal profession.
This week, P.S. also highlights Texas Veterans Legal Aid Week and efforts by Texas Access to Justice, legal aid programs, local bar associations and law schools providing free legal services to qualified military veterans in Texas.
Update: Republicans Sweep Dallas, Houston Court of Appeals Elections, Get Wins in SA
In a stunning political reversal from six years ago, Republican candidates for the Fifth Court of Appeals in Dallas ran the table in Tuesday’s elections. Republican judges made significant gains on the First, Fourth and Fourteenth Courts of Appeals as well.
Foley Advises TGI Friday’s in Bankruptcy Filing
TGI Friday’s Inc. and 23 of its subsidiaries filed for Chapter 11 bankruptcy protection in the Northern District of Texas over the weekend. In its bankruptcy petition, TGI Friday’s claims $100 million to $500 million in debts and the same range for assets. The Dallas-based company owns 39 actual bar-and-grill restaurants across the U.S. None of the TGI Friday’s franchised operations are part of the Chapter 11.
P.S. Spotlights Chevron, Jennifer Banda, Lael and Peter Brodsky, Latham, Sidley and Haynes Boone
In this week’s P.S. column, we highlight upcoming events such as Texas Appleseed’s annual Good Apple Dinner and the Institute for Energy Law’s Excellence in Diversity and Inclusion Award reception. The Center for Women in Law at the University of Texas School of Law has a new executive director. Haynes Boone gives the Dallas Volunteer Attorney Program $25,500. And the Texas Chapters of the American Board of Trial Advocates honor Fort Worth trial lawyer Steve Laird with its first-ever Ethics and Civility Award.
Plus, The Texas Lawbook seeks your contributions or efforts in helping those in need for the holidays.
Sonida Selects a New GC: Tabitha Bailey
Dallas-based Sonida Senior Living Corporation has hired former Avantax General Counsel Tabitha Bailey as its new chief legal officer starting Jan. 1.
Texas Lawyer Leads Trump Lawsuit Against CBS in Amarillo
Former president Donald Trump has hired Amarillo lawyer Christopher D. Parker, a shareholder at Farris, Parker & Hubbard, as one of three attorneys to file a lawsuit against CBS Broadcasting claiming that the TV network committed “unlawful acts of election and voter interference through malicious, deceptive and substantial news distortion” by editing interviews with Vice President Kamala Harris that were broadcast in early October.