"In other words, regardless of Johnson & Johnson trying to bankrupt their subsidiary, the company that has the assets is ultimately responsible under New Jersey law," Christopher Placitella, who represents plaintiffs in the asbestos litigation, said.
October 02, 2023 at 05:48 PM
4 minute read
A New Jersey judge ruled that new corporate entities created in a restructuring of Johnson & Johnson can’t escape liability for suits stemming from the effects of asbestos on users of the company’s talc products.
The Sept. 27 decision by Judge John C. Porto of Atlantic County Superior Court is bad news for Johnson & Johnson, which moved its consumer health products in to a separate division, Kenvue Inc., earlier this year.
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Johnson & Johnson’s talc powder on a supermarket shelf in Baltimore, Maryland. Photo: Diego M. Radzinschi/ALM
Judge John Porto. Courtesy photo
