Analysts say the odds are against a Roundup bankruptcy being approved by a federal judge, but the filing could delay cases set for trial throughout 2024.
Settlements have been reached to resolve 113,000 Roundup lawsuits to date, according to the manufacturer, which continues to face more than 50,000 outstanding claims.
The ruling is the latest blow to Bayer and Monsanto, which have been hit with billions in additional damage awards already this year, as Roundup lawsuits continue to go before juries nationwide.
The jury levied $1.7 billion in punitive damages in the Ford truck rollover wrongful death lawsuit after determining the company had sold millions of "Super Duty" trucks with weak roofs.
Roundup failure to warn claims were reinstated after the Eleventh Circuit Court of Appeals determined there was no basis for a federal preemption defense to the Georgia state law claims
A medical device sterilization facility knew about the leaks for years, but failed to warn local residents and federal regulators, the lawsuit claims
