A Johnson & Johnson subsidiary filed its Chapter 11 reorganization plan on Monday, but lawyers for talc claimants already raised concerns about it at a Tuesday hearing.
May 16, 2023 at 03:59 PM
5 minute read
staff reporter
The original version of this story was published on Law.com
A Johnson & Johnson subsidiary barreled ahead this week with the filing of a Chapter 11 reorganization plan, even as a hearing looms to dismiss its entire bankruptcy.
The plan, filed late Monday, would resolve thousands of lawsuits alleging that Johnson & Johnson’s talcum powder products caused ovarian cancer and mesothelioma. But no sooner had bankrupt subsidiary LTL Management filed the plan then it came under attack.
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