A Delaware judge on Monday dismissed Merck's lawsuit seeking to hold Bayer responsible for more talc-related liabilities stemming from its $14.2 billion purchase of Merck's consumer care business in 2014.
- A Delaware judge on Monday dismissed Merck & Co's lawsuit seeking to hold Bayer AG responsible for more talc-related liabilities stemming from its $14.2 billion purchase of Merck's consumer care business in 2014.
The companies face potentially billions of dollars of liability from lawsuits by consumers alleging that asbestos contained in talc-based products such as Dr. Scholl's caused cancer. But the judge called Bayer's interpretation of the purchase agreement"the only reasonable one," and said letting Merck"dump" cases would give the Rahway, New Jersey-based company an incentive to prolong or stall lawsuits.
"Bayer will continue to defend itself against any further efforts by Merck to avoid or improperly transfer its liabilities to Bayer," the company said in a statement.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bayer defeats Merck in lawsuit over talc liabilitiesA Delaware judge on Monday dismissed Merck & Co's lawsuit seeking to hold Bayer AG responsible for more talc-related liabilities stemming from its $14.2 billion purchase of Merck's consumer care business in 2014.
Read more »
UConn defeats San Diego State, 76-59, claims 5th national titleHuskies became the fifth team since the bracket expanded in 1985 to win all six NCAA Tournament games by double-digits on the way to a championship.
Read more »
Janet Protasiewicz defeats Dan Kelly in Wisconsin Supreme Court race, flipping control of the courtJudge Janet Protasiewicz has won the Wisconsin Supreme Court race, defeating Dan Kelly and giving liberals a majority with the fate of an abortion law looming, The Associated Press projected.
Read more »
Brandon Johnson Defeats Paul Vallas to Become Chicago MayorBreaking: Brandon Johnson won Chicago’s mayoral election, upsetting Paul Vallas in a race focused on public safety
Read more »
Wisconsin Supreme Court race: Janet Protasiewicz defeats Daniel KellyThe Wisconsin Supreme Court has been under conservative control for 15 years, serving as the final word on a wide array of Republican policies enacted by the GOP-controlled Legislature.
Read more »
'A Win for the History Books': Brandon Johnson Defeats School Privatizer in Chicago'Tonight, we have shown the world the power of hope, the strength of organizing, and the might of our collective voice,' said Brandon4Chicago.
Read more »