J&J’s $8.9 billion talc settlement faces US bankruptcy test
Written by Black Hot Fire Network on June 27, 2023
June 27 (Reuters) - Johnson & Johnson's (JNJ.N) proposed $8.9 billion settlement of thousands of lawsuits alleging that its talc products cause cancer faces a crucial hurdle this week as a U.S. bankruptcy judge in New Jersey considers whether or not a J&J subsidiary may resolve them by filing for bankruptcy a . . .