Johnson & Johnson Faces Major Setback as Talc Bankruptcy Ruling Fuels Legal Firestorm
BASKING RIDGE, N.J. — Johnson & Johnson faced a significant setback in its ongoing legal battles with a recent bankruptcy court ruling regarding its talc products. This development comes amid the company’s controversial chapter 11 filing, which aimed to address numerous lawsuits claiming that its talc-based items were linked to cancer. The courts have recently rejected the company’s attempts to shield itself from claims through the bankruptcy process. This decision exemplifies a growing pushback against corporate strategies that rely heavily on bankruptcy to reset liabilities tied to potentially harmful products. Johnson & Johnson’s struggle illustrates … Read more