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Reading: Could the $18.8M Talc Verdict Threaten J&J’s Bankruptcy Plan?
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Legal Mag > Blog > Litigation > Could the $18.8M Talc Verdict Threaten J&J’s Bankruptcy Plan?
Litigation

Could the $18.8M Talc Verdict Threaten J&J’s Bankruptcy Plan?

Press Room
Press Room 2 months ago
Updated 2023/07/20 at 11:43 AM
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At a May 3 hearing, Johnson & Johnson lawyer Allison Brown pleaded with a bankruptcy judge not to allow a trial alleging its baby powder caused a 24-year-old man’s mesothelioma. Doing so, she argued, would threaten an $8.9 billion settlement with nearly 60,000 talc claimants.

“What could threaten more, your honor, the efforts to get a plan out to tens of thousands of people than to allow one of them to proceed with a single trial?” she said.

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Latest News

Jury Returns $3.5M Verdict Against Doctor for Failing to Recognize Patient’s Impending Heart Attack
Litigation
Dealmakers of the Year: Anthony Vernace, Partner, Simpson Thacher & Bartlett
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