A federal appeals court has rejected Johnson & Johnson’s plan to use a legal strategy to push some 38,000 talc lawsuits to bankruptcy court, thwarting a controversial tactic the company and a Several other profitable businesses have used to move mass personal injury lawsuits to chapter. 11.
The U.S. Third Circuit Court of Appeals on Monday dismissed chapter 11 lawsuits filed by J&J subsidiary LTL Management LLC, the consumer-health goods giant set up in 2021 to move into bankruptcy court after mass lawsuits allege their talc-based baby powder products cause cancer.
