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Court tosses bankruptcy petition by Johnson & Johnson's talc unit

Por: Fox Business Business January 31, 2023

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Check out what's clicking on FoxBusiness.com A federal appeals court has upended Johnson & Johnson's plan for resolving tens of thousands of lawsuits from consumers who claim the company's talc products cause cancer. The Third Circuit U.S. Court of Appeals on Monday dismissed the for LTL Management LLC, the spinoff J&J created, assigned its talc claims to and immediately placed in bankruptcy in October 2021. Johnson and Johnson... + full article



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