New Mexico and Mississippi must pause from proceeding with their asbestos-related consumer protection lawsuits against Johnson & Johnson because allowing them to continue while other creditors are on hold is unfair, a New Jersey bankruptcy court judge ruled.
Judge Michael Kaplan’s Tuesday ruling means Johnson & Johnson notches another procedural win as the healthcare giant uses a controversial bankruptcy of a subsidiary to limit its liability stemming from creditors’ claims over allegedly tainted baby powder products.
Attorneys general from Mexico and Mississippi have filed state court cases that allege J&J and its bankrupt unit, LTL Management LLC, violated state laws ...
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