J&J Mulls New Bankruptcy to End Cancer Suits, Victim Lawyers Say

April 4, 2023, 5:03 PM UTC

Johnson & Johnson has threatened to file a new bankruptcy case to try to settle more than 40,000 cancer lawsuits, lawyers for people suing the company said in a court filing.

The company’s first attempt to use bankruptcy to force a settlement on cancer victims was scheduled to end today when a federal judge was set to dismiss that Chapter 11 case, according to a court filing.

Trying to file a second bankruptcy case would be wrong, lawyers for a committee of claimants said in a filing in US Bankruptcy Court in Trenton, New Jersey.

“There is no reason ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.