Breaking: Rudy Giuliani’s Manhattan Apartment Raided in Federal Investigation
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Inside J&Js bankruptcy plan to end talc lawsuits
Women alleging J&J products caused their cancer are caught in the crossfire. Sign up for Reuters newsletters One Essential Read One Essential Read Recommended by Kate Turton, Newsletter Editor The battle over J&J's bankruptcy plan to end talc lawsuits Eron Evans, shown here with one of her daughters, died in 2016 of ovarian cancer at age 41. She had sued J&J alleging talc in its Baby Powder caused her disease. Johnson & Johnson is attempting to end litigation by tens of thousands of claimants who believe its talc products caused their cancer with a so-called "Texas two-step" bankruptcy. The maneuver involves offloading its talc liability onto a newly created subsidiary, which then declares Chapter 11. The goal is to use the proceeding to force all plaintiffs into one settlement – without requiring J&J itself to file bankruptcy
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