J&J Baby Powder Bankruptcy Should Be Tossed, Law Professors Say

Johnson & Johnson’s baby powder bankruptcy should be dismissed, because the company is using the case to pay the minimum possible to people who claim talc gave them cancer, a group of law professors said in a court filing.

• J&J is using a “novel and dangerous tactic” to try to resolve billions of dollars worth of claims filed by more than 38,000 people allegedly harmed by tainted talc in baby powder, according to seven law school professors
• Last year, the company created LTL Management to be responsible for paying talc claims and then put the unit into bankruptcy ...