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BBCNEWS World Business Report June 4, 2024 04:32:00

Company for that very cancer and is set aside another 2 billion to try to settle all future claims in what could add up future claims in what could add up to thousands of lawsuits. now the company says it will increase the potential size of all settlement to 8 $.9 billion. the company stopped selling it talcum products in canada and the united states and will and global sales by the end of the year. in a press release the company said it still maintains these claims lack scientific merit and they do not admit any wrongdoing. as a way to limit its total liability, johnson &johnson is liability, johnson & johnson is trying liability, johnson &johnson is trying to settle these lawsuits through a subsidiary and it is this subsidiary that is filing for bankruptcy which still needs to be approved by a judge. the first attempt to limit its exposure through bankruptcy was rejected by the courts. it is still not certain ....

2 Billion , United States , Press Release ,

BBCNEWS Asia Business Report June 4, 2024 01:32:00

Billion to try to settle all future claims in what could add up future claims in what could add up to thousands of lawsuit. now, the company says it will increase the potential sizeable settlements to $8.9 billion. the company stopped selling its talcum products in canada and the united states and will end global sales by the end of the year. in a press release the company says it still maintains these claims lacks scientific merit and that they do not admit any wrongdoing. as a way to limit its total liability johnson &johnson is trying to settle these lawsuits through a subsidiary and it is this subsidiarity that is filing for bankruptcy which still needs to be approved by a judge. the first attempt to limit its exposure through bankruptcy was limited by the courts. it is still not sure thatjohnson & johnson has reached the end of its talcum powder problems. that was samaria hussein ....

9 Billion , 98 9 Billion , Press Release , Talcum Powder Problems , Samaria Hussein Reporting ,

J&J unit files for second bankruptcy to pursue $8.9 billion talc settlement

J&J has agreed to pay $8.9 billion to settle tens of thousands of lawsuits alleging that talc in its iconic Baby Powder and other products caused cancer ....

United States , New Jersey , Mikal Watts , Michael Kaplan , Jason Itkin , Us Circuit Court , Us Supreme Court , Arnold Itkin , Baby Powder , Judge Michael Kaplan , 3rd Us Circuit Court Of Appeals , J Amp , Johnson Amp ,