Johnson & Johnson Faces Legal Setback as Bankruptcy Court Challenges Talc-Related Claims
Johnson & Johnson is facing significant legal challenges after a federal court dismissed its bankruptcy filing related to talc lawsuits. The ruling has left the company’s attempts to limit its financial liability in claims alleging that its talc products caused cancer in jeopardy. This decision highlights the complexities companies face in navigating the legal landscape, particularly when dealing with mass tort claims. The U.S. Bankruptcy Court for the Southern District of Texas declared that Johnson & Johnson’s approach to settle thousands of talc-related cases through bankruptcy was improper. The court maintained that the company is … Read more