Johnson & Johnson Faces Major Setback as Bankruptcy Court Challenges Talc Litigation Strategy
Titusville, New Jersey — Johnson & Johnson faced a significant setback in its ongoing legal battles as a judge dismissed its bid for bankruptcy protection while managing claims related to its talc-based products. This decision highlighted the scrutiny surrounding bankruptcy laws and their application in tort cases, especially in instances where companies seek refuge from liability claims. The ruling comes amid a wave of lawsuits alleging that the company’s talc products, used for decades, contain asbestos, which has been linked to cancer. Johnson & Johnson has faced thousands of these claims, leading the company to … Read more