J&J Exploring Putting Talc Liabilities into Bankruptcy: Sources

J&J talc reaches talc settlement

Johnson & Johnson is exploring a plan to offload liabilities from widespread Baby Powder litigation into a newly created business that would then seek bankruptcy protection, according to seven people familiar with the matter. During settlement discussions, one of the healthcare conglomerate’s attorneys has told plaintiffs’ lawyers that J&J could pursue the bankruptcy plan, which… Continue reading J&J Exploring Putting Talc Liabilities into Bankruptcy: Sources