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J&J Talc Unit's $9B Ch. 11 Plan Draws Slew Of Objections

By Alex Wittenberg ( January 27, 2025, 5:53 PM EST) -- The U.S. Trustee's Office and lawyers representing talc claimants have urged a Texas bankruptcy judge to reject a Johnson & Johnson spinoff's $9 billion plan to settle thousands of cancer claims through Chapter 11, arguing the proposed reorganization must fail because the bankruptcy case was filed in bad faith....

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