Echos

In Wilmington, Delaware, a notable twist unfolded in the long-standing legal battle surrounding Johnson & Johnson’s talcum powder products. The company, once facing thousands of lawsuits tied to allegations that its talc contained asbestos and caused cancer, has now seen its attempts to resolve these claims through bankruptcy court face significant obstacles. The bankruptcy court’s ruling comes on the heels of a broader backlash against “lawsuit reform” strategies that some corporations have employed to manage tort liabilities. Johnson & Johnson had previously sought to shield itself from litigation by creating a subsidiary to absorb the … Read more