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    Reuters (reuters@mediastodon.com)'s status on Tuesday, 31-Jan-2023 06:18:09 JSTReutersReuters

    U.S. court rejects J&J bankruptcy strategy for tens of thousands of talc lawsuits https://reut.rs/3YqT40H

    In conversationTuesday, 31-Jan-2023 06:18:09 JST from mediastodon.compermalink

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      U.S. court rejects J&J bankruptcy strategy for tens of thousands of talc lawsuits
      from Tom Hals,Mike Spector,Dan Levine
      A U.S. appeals court upended Johnson & Johnson's attempt to offload into bankruptcy tens of thousands of lawsuits over its talc products, ruling the healthcare conglomerate improperly placed a subsidiary into Chapter 11 proceedings even though it did not face financial distress.
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