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J&J Talc Suit Maneuver Draws Rebuke From Democratic Lawmakers

Nov. 10, 2021, 8:21 PM

Senate Majority Whip Dick Durbin and other leading Democrats are calling for Johnson & Johnson to reverse course on a bid to shed billions of dollars in legal liabilities, alleging the company is exploiting bankruptcy law to dodge accountability for its talc products.

J&J is facing tens of thousands of lawsuits stemming from claims that its talc products cause cancer and other health problems in women. It’s trying to resolve the lawsuits via bankruptcy by putting a new unit that holds the claims in Chapter 11. The maneuver, known in legal circles as the Texas Two-step, has drawn sharp ...