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U.S. court rejects J&J bankruptcy strategy for thousands of talc lawsuits

Reuters last year detailed the secret planning of Texas two-steps by Johnson & Johnson and other major firms in a series of reports exploring corporate attempts to evade lawsuits through bankruptcies. Monday's decision by the U.S. 3rd Circuit Court of Appeals in Philadelphia dismissed the bankruptcy filed by the J&J subsidiary in 2021.
Rhode Island United States Sheldon Whitehouse Lindsey Simon University Of Georgia School Law Circuit Court

J&J trying to weasel its way out of paying $3.5 billion to victims of its cancer-causing baby talc by forming a new corporation and immediately declaring bankruptcy

In an attempt to avoid having to pay up to the tens of thousands of victims who were harmed by its toxic, talc-based baby powder product, drug giant Johnson & Johnson (J&J) formed a new [...]
New York United States Alex Gorsky Chris Andrew Thomas Mchattie Natural News

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Inside J&J's secret plan to cap litigation payouts to cancer victims - Raw Story - Celebrating 18 Years of Independent Journalism

By Mike Spector and Dan Levine
NEW YORK (Reuters) - Johnson & Johnson created a plan last year to limit the financial bleeding from billions of dollars in jury awards to plaintiffs who alleged the companyโ€™s Baby Powder and other talc products caused deadly cancers. The healthcare and consumer-goods ...
United States New York New Jersey Brian Thevenot Dick Durbin Michael Levesque

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