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Johnson & Johnson talc settlement: Company willing to pay $8.9B for baby powder cancer lawsuits

Por: ABC7 Health April 05, 2023

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.For a second time, a J&J subsidiary called LTL on Tuesday filed for bankruptcy - a strategy the company said could equitably and efficiently resolve all claims arising from cosmetic talc litigation in North America, according to a regulatory filing. A previous attempt to use Chapter 11 bankruptcy protection to resolve the talc cases was rejected by an appellate court, which ruled the company couldn't go bankrupt because it wasn't in... + full article



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