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.
In an order from the bench, 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, where U.S. Chief Bankruptcy Judge Michael Kaplan oversaw the first two Johnson & Johnson talc bankruptcies.
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