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  • J&J subsidiary files for bankruptcy to advance $8 billion talc settlement

Published 01:28 IST, September 21st 2024

J&J subsidiary files for bankruptcy to advance $8 billion talc settlement

After being rebuffed twice by federal courts, New Brunswick New Jersey-based J&J is attempting again to end the litigation in a so-called "Texas two-step" bankruptcy.

Reported by: Thomson Reuters
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Johnson & Johnson talc lawsuit settlement
Johnson & Johnson talc lawsuit settlement | Image: Wikimedia Commons
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01:28 IST, September 21st 2024