The Justice Department and cancer claimant representatives are urging the Third Circuit to rule against Johnson & Johnson’s attempt to force a mass tort settlement through a subsidiary’s bankruptcy.
J&J’s plan to isolate and settle about 38,000 ovarian cancer and mesothelioma claims—allegedly stemming from the use of its talc-containing products—through the Chapter 11 process amounts to an abuse of bankruptcy law, according to a flurry of opening briefs filed Thursday in the U.S. Court of Appeals for the Third Circuit.
The Chapter 11 case of the J&J subsidiary, LTL Management LLC, improperly forecloses asbestos exposure victims’ rights to litigate against ...
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