Johnson & Johnson Faces Setback in Talc Controversy as Bankruptcy Court Rulings Intensify Legal Challenges
CHARLOTTE, N.C. — Johnson & Johnson faced a significant setback in its legal battle involving claims that its talc-based products caused cancer. A federal judge dismissed the company’s Chapter 11 bankruptcy filing, which had aimed to shield it from thousands of lawsuits alleging that its talc contained harmful asbestos. This ruling marks a substantial moment in the ongoing fight over the liability associated with talc products. The New Jersey-based company initiated its bankruptcy proceedings in October 2021. It sought to establish a trust fund to manage legal claims while appearing to find an efficient means … Read more