Johnson & Johnson Faces Major Setback in Talc Bankruptcy Battle Amid Growing Legal Challenges
CHARLOTTE, N.C. — Johnson & Johnson’s recent legal setback regarding its talc products has highlighted ongoing challenges for companies facing product liability claims. The pharmaceutical giant has been under scrutiny as a bankruptcy court has pushed back against its efforts to limit tort liabilities tied to allegations of asbestos contamination in its talcum powder. The bankruptcy case, initiated by a subsidiary of Johnson & Johnson, aimed to consolidate legal claims from thousands of individuals who allege that their use of the company’s talc products led to cancer. This approach was met with resistance, as judges … Read more