Johnson & Johnson Faces Legal Setback as Bankruptcy Rulings Challenge Talc Liability Claims
Wilmington, Delaware — Johnson & Johnson recently faced a significant legal setback when a bankruptcy court rejected its bid to shield itself from talc-related lawsuits. The ruling marks a pivotal moment in the ongoing litigation surrounding the company’s talcum powder products, which have been linked to cancer allegations. The decision came as part of a series of courtroom battles over the liability J&J faces due to its talc offerings. In a move aimed at limiting damages from thousands of claims, the company proposed a controversial strategy involving the establishment of a subsidiary to absorb potential … Read more