US court rejects J&J bankruptcy strategy for tens of thousands of talc lawsuits | CNN Business

Johnson & Johnson’s strategy to use bankruptcy to resolve the multibillion-dollar litigation over claims its talc products cause cancer was rejected by a federal appeals court on Monday, but the healthcare conglomerate said it would challenge the ruling. The decision by the U.S. 3rd Circuit Court of Appeals in Philadelphia removed from bankruptcy the company’s LTL Management unit, which was facing more than 38,000 legal claims tied to products such as its Johnson’s baby powder.

“As we have said from the beginning of this process, resolving this matter as quickly and efficiently as possible is in the best interests of claimants and all stakeholders,” J&J spokeswoman Allison Fennell said. “We continue to stand behind the safety of Johnson’s Baby Powder, which is safe, does not contain asbestos and does not cause cancer.

Tap into the force, J - 16, Maverick.

My youngest skin got bad reactions and he still does with their products to the point I can’t even use any lotion on him this past months all because I use JJ products because I’m one of them mom who thought JJ are the best for kids NOT

SIfill_ 2 tiered system ftw

I love this baby powder 🥰

Will they do the same with their vaccines?

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Jobs report to give further clues about where economy is headed | CNN BusinessThe Federal Reserve is going to raise interest rates again on Wednesday. But will it be another half-point hike or just a quarter-point increase? And what about the rest of the year? a whole point better Intentional destruction of society Lol...ya,no recession coming.🙄
Source: CNN - 🏆 4. / 95 Read more »

Union members are poised to reject Disney World contract offer | CNN BusinessJonathan Pulliam has been working at Disney World since 2018, dressing up as everything from beloved Disney cartoon characters to Star Wars villains. And while he loves his job, he says he can't afford it any longer. Who cares Isn't that the company who completely screwed up George Lucas' Star Wars? Yeah, JarJar, Ruin, and Kathleen Kuntedy. Disney is not essential. Vote like your job depends on it … because it does.
Source: CNN - 🏆 4. / 95 Read more »