Liability

Johnson & Johnson Faces Legal Setback as Bankruptcy Court Challenges Talc Liability Claims

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INDIANAPOLIS — Johnson & Johnson faced a major setback in its legal strategies when a bankruptcy court denied its efforts to shield its talc products from litigation. The ruling marks a significant development in the ongoing saga surrounding the company’s talc-based baby powder, which has been linked to allegations of causing cancer. This decision follows months of legal maneuvering in which J&J sought protection under bankruptcy laws, arguing that the economy of future claims warranted such measures. The bankruptcy court had previously allowed the company to establish a subsidiary to manage the multitude of lawsuits … Read more

Johnson & Johnson Faces Major Setback as Bankruptcy Court Rejects Talc Liability Claims

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BALTIMORE — Johnson & Johnson faced a significant setback in its ongoing legal challenges as a bankruptcy judge dismissed the company’s attempt to use bankruptcy protection to address its talcum powder litigation. This ruling adds to the growing scrutiny over the firm’s strategy to handle thousands of claims linked to allegations that its talc products cause cancer. The company has been embroiled in legal disputes for years, with thousands of plaintiffs alleging that its talc products were contaminated with asbestos, leading to serious health issues. Johnson & Johnson had previously established a subsidiary to manage … Read more

Texas Legislators Unveil Sweeping Changes to Corporate Governance Laws, Paving the Way for Enhanced Flexibility and Liability Protections

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Austin, Texas — The 2025 Texas legislative session has ushered in significant changes to corporate governance laws, resulting in a slew of amendments that will affect corporations across the state, including bank holding companies and various subsidiaries. Many of these modifications to the Texas Business Organizations Code (TBOC) took effect immediately, while others are set to be implemented on September 1, 2025. Three pivotal bills recently passed by lawmakers—the Senate Bill 29, Senate Bill 1057, and Senate Bill 2411—represent the most critical modifications to the state’s corporate law landscape. As a result, Texas entities could … Read more

Johnson & Johnson Faces Setbacks in Talc Liability Battle Amid Bankruptcy Court Challenges

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Johnson & Johnson is facing a significant setback as it grapples with the fallout from its use of talc in consumer products. In a recent ruling, a bankruptcy judge dismissed the company’s attempt to address thousands of lawsuits related to its talc products through a controversial legal strategy known as a Texas Two-Step. This approach aimed to segment its liabilities in a way that could limit financial exposure. The decision represents a wave of court scrutiny affecting Johnson & Johnson’s handling of tort claims, with legal experts warning that the ruling may signal a crucial … Read more