Johnson & Johnson Faces Legal Setback as Talc Bankruptcy Ruling Signals Shift in Tort Cases
Johnson & Johnson’s recent setback in the bankruptcy court marks a significant moment in ongoing legal battles related to its talcum powder products. The company, headquartered in New Brunswick, New Jersey, has faced increasing scrutiny and legal challenges concerning claims that its talc-based products contain harmful asbestos and have caused cancer in consumers. Previously, Johnson & Johnson sought to protect its financial interests by pursuing bankruptcy as a strategy to address the growing number of lawsuits filed against it. However, this legal maneuver faced substantial backlash from the courts, ultimately resulting in a pivotal ruling … Read more