Civil Litigation,
Bankruptcy
Dec. 2, 2021
Plaintiffs accuse J&J of ‘Texas Two-step’ in bankruptcy case
“It’s obviously a bankruptcy filed in bad faith. J&J is worth over $400 billion, … yet they are using the bankruptcy courts as a litigation tactic to avoid juries deciding the merits of a case, and they’re doing it to people that are dying of cancer. People that are at their last several months or weeks before they die,” said plaintiffs’ attorney Joseph D. Satterley.
Pharmaceutical giant Johnson & Johnson should not be allowed to escape 40,000 talcum powder lawsuits by creating a shell company and filing for bankruptcy two days later, a coalition of plaintiff attorneys said Wednesday in a motion to dismiss a bankruptcy case in New Jersey.
"Simply put, J&J ... seek to exploit Chapter 11 to deprive tens of thousands of individuals suffering from ovarian cancer and mesothelioma due to J&J's p...
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