Johnson & Johnson’s talc bankruptcy appeal denied
Johnson & Johnson’s (NYSE: JNJ) most recent appeal to settle all talc lawsuits for $8.9 billion and file for bankruptcy under its subsidiary, LTL Management, was denied on July 30, 2023. This is the second time this year that a U.S. Judge has rejected the company’s attempt to resolve tens of thousands of talc-related lawsuits Read more: Johnson & Johnson’s talc bankruptcy appeal denied..