Johnson & Johnson's talc powder on a supermarket shelf in Baltimore, Maryland. Photo: Diego M. Radzinschi/ALM New Name or Not, Johnson & Johnson Can't Escape Talc Damages
"In other words, regardless of Johnson & Johnson trying to bankrupt their subsidiary, the company that has the assets is ultimately responsible under New Jersey law," Christopher Placitella, who represents plaintiffs in the asbestos litigation, said.
October 02, 2023 at 05:48 PM
4 minute read
Pharmaceuticals
A New Jersey judge ruled that new corporate entities created in a restructuring of Johnson & Johnson can't escape liability for suits stemming from the effects of asbestos on users of the company's talc products.
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