Revlon Can Avoid Talc Lawsuits Through Bankruptcy, Judge Rules

Cosmetics giant Revlon can avoid lawsuits by a group of people suing the company for allegedly making them sick with asbestos-contaminated talc products, a bankruptcy judge ruled.

Revlon’s bankruptcy plan bars 42 lawsuits from by victims who say they suffered asbestos-related injuries from products that the beauty company sold, Judge David S. Jones of the US Bankruptcy Court for the Southern District of New York ruled on Monday.

Revlon’s Chapter 11 plan didn’t use methods laid out in the bankruptcy code specifically meant to deal with pre-bankruptcy asbestos-related injuries, such as appointing a future claims representative, winning approval of 75% ...