Johnson & Johnson Faces Setback as Bankruptcy Court Rejects Talc Litigation Strategy

Charlotte, North Carolina — Johnson & Johnson has faced a significant setback as legal challenges surrounding its talc-based products continue to unfold. A recent bankruptcy court ruling has underscored the ongoing scrutiny and backlash the company faces concerning its liability for claims related to its talc powder. This defeat comes amid broader scrutiny of corporate bankruptcy practices as companies seek to mitigate tort claims through legal maneuvers. Johnson & Johnson, which has previously defended the safety of its talc products, contends with thousands of lawsuits alleging that its talc-based baby powder caused cancer. The latest … Read more

Johnson & Johnson Faces Setback in Talc Litigation as Bankruptcy Court Rejects Controversial Defense

A recent ruling has left Johnson & Johnson facing significant legal challenges as the court dismissed its bankruptcy strategy intended to manage thousands of claims related to talc-based products. The decision reinforces skepticism around corporate bankruptcy tactics used to resolve tort lawsuits. The bankruptcy court determined that Johnson & Johnson’s application for Chapter 11 protection was not warranted in this instance, as the company had not demonstrated the necessary eligibility criteria. This ruling has sparked discussions regarding the increasing trend of companies seeking bankruptcy protections to address liability claims, particularly in the context of tort … Read more

Johnson & Johnson Faces Setback in Talc Controversy as Bankruptcy Court Rejects Tort Claims

Johnson & Johnson faced a significant setback as a bankruptcy court ruled against its strategy to limit liabilities resulting from claims related to its talcum powder products. This ruling comes as the pharmaceutical and consumer goods giant grapples with a growing number of lawsuits alleging that its talc-based products contain cancer-causing asbestos. Recent legal maneuvers by Johnson & Johnson had aimed to manage its exposure to these lawsuits—claims that have intensified in recent years. The company had proposed a controversial plan to transfer its talc liabilities to a subsidiary that would then file for bankruptcy. … Read more

Johnson & Johnson Faces Setback as Bankruptcy Court Rejects Talc Claims

Johnson & Johnson’s struggles with legal battles over talc have taken a significant turn, marking a challenging period for the pharmaceutical giant. In Indianapolis, Indiana, the company faced a considerable setback related to its bankruptcy proceedings concerning claims linked to its talc-based products. Following a ruling earlier this month, a bankruptcy judge dismissed Johnson & Johnson’s attempt to create a restructured path through Chapter 11. The firm had sought to address thousands of lawsuits claiming that its talc products caused cancer. This bankruptcy maneuver was part of a broader strategy to shield itself financially from … Read more