Johnson & Johnson’s $10 Billion Talc Settlement Faces Pivotal Bankruptcy Trial
In a significant legal confrontation, Johnson & Johnson (J&J) is defending its $10 billion settlement proposal to resolve extensive litigation alleging that its talc-based products, notably baby powder, have caused ovarian cancer and mesothelioma. This week, U.S. Bankruptcy Judge Christopher Lopez in Houston presides over a critical hearing to determine the viability of J&J’s third …