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Johnson & Johnson's talc unit is asking a New Jersey bankruptcy court to halt newly resumed suits by Mississippi and New Mexico over its talc sales, saying they will endanger its efforts to settle its talc liability in Chapter 11.
The New Jersey bankruptcy judge presiding over the Chapter 11 case of Johnson & Johnson's talc unit urged the debtor, its insurers and the committee representing thousands of talc injury claimants to continue meaningful engagement in mediation ahead of a critical hearing set for later this month.
WASHINGTON (Legal Newsline) - Although Johnson & Johnson’s Chapter 11 bankruptcy is proceeding, talcum powder plaintiffs are appealing a federal judge’s ruling that dismissed their opposition.
In a ruling issued February 25, 2022, the U.S. Bankruptcy Court for the District of New Jersey denied motions to dismiss the chapter 11 case of Jones Day client LTL Management LLC ("LTL"), .