Johnson & Johnson’s Talc Setback: A Pivotal Moment in the Ongoing Bankruptcy-Court Battle Over Tort Claims
Johnson & Johnson’s recent legal setback marks a significant moment in the ongoing debate surrounding tort claims and corporate accountability, as the company faces mounting challenges related to its talc products. The repercussions of a Chapter 11 bankruptcy bid have magnified scrutiny surrounding litigation practices in the United States. In a notable court ruling, a federal judge dismissed Johnson & Johnson’s bankruptcy case, which aimed to shield the company from thousands of talc-related injury claims. This ruling comes after the company established a subsidiary, LTL Management, to take on the liabilities associated with talc products. … Read more