Bankruptcy

Johnson & Johnson’s Talc Turmoil: Bankruptcy Court Ruling Signals Setback for Tort Claims

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Johnson & Johnson’s legal struggles intensified as a recent bankruptcy court ruling underscored the company’s tumultuous journey regarding talc-based products. In a battle that has spanned several years, the company faced backlash over claims that its talc products contained asbestos and led to serious health issues. During a session on Wednesday, U.S. Bankruptcy Judge Michael Kaplan rejected Johnson & Johnson’s proposal to resolve thousands of lawsuits tied to its talc products through a bankruptcy filing. This decision highlighted the challenges corporations face when attempting to manage large-scale litigations in court, especially those alleging misrepresentation and … Read more

Johnson & Johnson Faces Setback in Talc Controversy as Bankruptcy Court Rejects Tort Claims

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Johnson & Johnson faced a significant setback as a bankruptcy court ruled against its strategy to limit liabilities resulting from claims related to its talcum powder products. This ruling comes as the pharmaceutical and consumer goods giant grapples with a growing number of lawsuits alleging that its talc-based products contain cancer-causing asbestos. Recent legal maneuvers by Johnson & Johnson had aimed to manage its exposure to these lawsuits—claims that have intensified in recent years. The company had proposed a controversial plan to transfer its talc liabilities to a subsidiary that would then file for bankruptcy. … Read more

Johnson & Johnson Faces Legal Setback as Talc Bankruptcy Plan Thwarted in Court

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Joe’s Creek, N.J. — Johnson & Johnson is facing a significant setback as a federal judge’s decision to dismiss its bankruptcy filing to manage thousands of talc-related lawsuits puts the company back in the spotlight. This ruling has raised questions about the legitimacy of legal strategies employed by major corporations facing widespread claims. The judge’s rejection of Johnson & Johnson’s bankruptcy petition comes in the wake of the company attempting to shield itself from liability related to talc products linked to cancer allegations. The court noted that J&J’s approach to offloading its liabilities through bankruptcy … Read more

Talc Trouble: Johnson & Johnson Faces Setback Amidst Bankruptcy Court Tensions

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BURLINGTON, N.J. — A recent ruling from a bankruptcy court marks another chapter in Johnson & Johnson’s ongoing legal struggles over its talc-based products. The company faced a setback when the court rejected its bid to resolve thousands of lawsuits linked to allegations that its talc may contain cancer-causing asbestos. This decision comes amidst intensified scrutiny regarding the safety of talc and its impact on consumer health. In 2021, Johnson & Johnson took the unprecedented step of filing for bankruptcy protection under a controversial legal strategy intended to manage the numerous claims filed against it. … Read more