With more than two dozen jury trials scheduled over the next year involving contaminated talc claims related to its ubiquitous baby powder, discussions are already at Johnson & Johnson to puts its talc unit, LTL Management, back into bankruptcy for a third time.
J&J’s worldwide vice president of its talc litigation, Erik Haas, revealed during an October 17 earnings call the company is considering using another bankruptcy in hopes of pushing forward with an estimated $8.9 billion settlement of the thousands of claims alleging that …
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