February 18, 2022
Attorneys representing the bankrupt talc unit of Johnson & Johnson summed up their case Friday in defense of its Chapter 11 filing, telling a New Jersey bankruptcy judge that if the proceedings are dismissed, most talc claimants will face unacceptable delay and risk in the tort system.
February 17, 2022
Two committees representing talc injury claimants in the Chapter 11 case of Johnson & Johnson's talc unit summed up their arguments for the dismissal of the bankruptcy case Thursday, telling a New Jersey judge that no one benefits from the case except for J&J, which isn't a debtor.
February 15, 2022
The chief legal officer of Johnson & Johnson's bankrupt talc unit testified Tuesday in New Jersey bankruptcy court that the company was being inundated with new ovarian cancer and mesothelioma lawsuits at a rate of one per hour all day, every day in 2020, and that filing a Chapter 11 case for a newly created subsidiary was the only rational way to deal with the mounting liability.
February 14, 2022
Talc injury claimants in the Chapter 11 case of Johnson & Johnson's talc unit told a New Jersey bankruptcy judge Monday that the company filed for bankruptcy as a litigation strategy after getting hit with more than 38,000 personal injury suits, and that the case should be tossed on bad faith grounds.