Johnson & Johnson’s Talc Turmoil: Bankruptcy Court Ruling Signals Setback for Tort Claims
Johnson & Johnson’s legal struggles intensified as a recent bankruptcy court ruling underscored the company’s tumultuous journey regarding talc-based products. In a battle that has spanned several years, the company faced backlash over claims that its talc products contained asbestos and led to serious health issues. During a session on Wednesday, U.S. Bankruptcy Judge Michael Kaplan rejected Johnson & Johnson’s proposal to resolve thousands of lawsuits tied to its talc products through a bankruptcy filing. This decision highlighted the challenges corporations face when attempting to manage large-scale litigations in court, especially those alleging misrepresentation and … Read more