Johnson & Johnson Faces Major Setback in Talc Lawsuit, Highlights Bankruptcy Court Controversies
CHARLOTTE, N.C. — A recent legal setback for Johnson & Johnson regarding its talc-based products underscores the ongoing challenges the company faces in the realm of personal injury litigation. The pharmaceutical giant’s attempts to mitigate its liability amid widespread claims related to its talc have sparked a significant backlash in bankruptcy courts. In a notable ruling, a federal judge dismissed Johnson & Johnson’s bankruptcy protection bid aimed to resolve thousands of lawsuits that allege its talcum powder caused cancer. This decision highlights a growing trend, as courts increasingly scrutinize corporate strategies that leverage bankruptcy as … Read more