Johnson & Johnson Faces Legal Setback as Talc Bankruptcy Ruling Reignites Tort Controversy
Johnson & Johnson faced a setback in its ongoing legal battles with a recent ruling that rejected its attempt to utilize bankruptcy protections in relation to thousands of lawsuits linked to its talc products. This ruling stems from a broader scrutiny of mass tort litigation and the bankruptcy court’s reluctance to accommodate companies seeking to shield themselves from liability. The U.S. Bankruptcy Court in Trenton, New Jersey, issued the ruling, which involved more than 38,000 claims against the health care giant. Plaintiffs allege that talc used in various consumer products, including baby powder, contained harmful … Read more