Johnson & Johnson Faces Setback in Talc Litigation Amid Bankruptcy Court Turmoil
BURLINGTON, N.J. — Johnson & Johnson’s legal struggles took a significant turn as a federal bankruptcy court dismissed the company’s Chapter 11 case aimed at settling thousands of lawsuits related to its talc products. This ruling highlights the ongoing tensions surrounding product liability and corporate strategies in the face of mounting legal challenges. In 2021, Johnson & Johnson sought bankruptcy protection for its subsidiary, LTL Management LLC, as a means to address an unprecedented wave of claims that alleged its talc-based powder caused serious health issues, including cancer. The court’s recent decision marks a substantial … Read more