J&J Agrees to Delay Taking Any Bankruptcy Action on Talc Claims

Johnson & Johnson agreed to wait to take any actions in bankruptcy court to resolve billions of dollars in potential health claims related to allegedly tainted baby powder.

• J&J will maintain the “status quo” in its current dispute with people who claim they were harmed by the talc J&J used in its baby powder, bankruptcy attorney Ted Tsekerides said during a bankruptcy court hearing Thursday
• Lawyers for some alleged victims have asked U.S. Bankruptcy Judge Laurie Silverstein to block the consumer products giant from putting the health claims into a unit that could file bankruptcy
• Silverstein scheduled a hearing for ...