Photo: Raihana Asral/Shutterstock.com 'It Was a Very Long Battle': Why Talc Victims Could Vote for J&J's Third Bankruptcy
Beasley Allen's Andy Birchfield, whose firm has led opposition to another talc bankruptcy, acknowledged to Law.com: "I would be really surprised if J&J were to lose this vote."
July 25, 2024 at 03:56 PM
7 minute read
Bankruptcy
What You Need to Know
- Friday is the deadline to vote on J&J's prepackaged $6.48 billion bankruptcy plan.
- Anne Andrews, whose $417 million talc verdict got reversed, is recommending that her clients vote for the plan, noting 'the record of losses has been rather stunning.'
- The U.S. Supreme Court's June 27 decision blocking Purdue Pharma's $6 billion bankruptcy plan could still spell trouble for J&J.
Rhonda McKey plans to vote for Johnson & Johnson's prepackaged bankruptcy plan on Friday because, having endured three surgeries and two rounds of chemotherapy since being diagnosed with ovarian cancer in 2021, she wants her life back.
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