Johnson & Johnson Faces Legal Setback as Talc Bankruptcy Court Ruling Shakes Tort Landscape
Trenton, New Jersey — Johnson & Johnson faced a significant setback as a federal appeals court upheld a previous ruling that could complicate the company’s efforts to manage its liabilities related to talc-based products. The decision marks a pivotal moment for the pharmaceutical giant, which has battled numerous lawsuits alleging that its talc products were linked to cancer. The ruling reinforces the scrutiny J&J has faced over its talc litigation. The company had sought to contain its financial exposure and restructuring efforts through bankruptcy proceedings. However, the recent appellate court decision delivered another blow to … Read more