Johnson & Johnson Faces Major Setback as Bankruptcy Court Rejects Talc Liability Claims
BALTIMORE — Johnson & Johnson is facing significant setbacks in its legal battles as a bankruptcy court decision has dealt a blow to its attempt to manage thousands of lawsuits tied to its talc-based products. The ruling, which dismisses the company’s effort to limit its financial liabilities, marks a noteworthy moment in the ongoing debate over corporate responsibility in cases involving alleged harmful products. The company initiated a Chapter 11 reorganization in 2021, seeking to consolidate more than 38,000 lawsuits linked to claims that its talcum powder products were responsible for causing cancer. Asserted by … Read more