Bob Casey United States Courthouse, Southern District of Texas Bankruptcy Court at 515 Rusk St, Houston, Texas 77002. Credit: Google street view Johnson & Johnson's 3rd Talc Bankruptcy Will Remain in Texas
A bankruptcy judge ruled on Thursday that Johnson & Johnson's third Chapter 11 case to resolve thousands of talcum powder lawsuits would remain in Texas.
October 11, 2024 at 06:39 PM
4 minute read
What You Need to Know
- U.S. Bankruptcy Judge Christopher Lopez of the Southern District of Texas found no compelling reasons to send the Chapter 11 case to the District of New Jersey.
- The judge cited 'clearly different debtors, different parties involved,' plus the proposed $9 billion prepackaged bankruptcy plan.
- The Coalition of Counsel for Justice for Talc Claimants, and the U.S. Trustee in Houston, had insisted that Johnson & Johnson was venue shopping.
A bankruptcy judge ruled on Thursday that Johnson & Johnson's third Chapter 11 case to resolve thousands of talcum powder lawsuits would remain in Texas.
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