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Judge dismisses J&J unit's bankruptcy
Mint Bangalore
|April 02, 2025
A federal judge rejected Johnson & Johnson's (J&J's) third attempt to use bankruptcy to set up a multibillion-dollar trust fund to pay women who claim they got cancer using baby powder and other products allegedly tainted with a toxic substance.
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US bankruptcy judge Christopher Lopez on Monday dismissed the bankruptcy of a small J&J unit called Red River Talc following a two-week trial in Houston, finding that a vote of cancer victims on the proposal was flawed.
Diese Geschichte stammt aus der April 02, 2025-Ausgabe von Mint Bangalore.
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