Health Care & Hospital Law,
Civil Litigation,
Bankruptcy
Oct. 27, 2021
Judge intends to move J&J bankruptcy to New Jersey
U.S. Bankruptcy Judge Craig Whitley in North Carolina, who appears to be one of only two to rule in a bankruptcy case involving the corporate restructuring model J & J is using, said a seldom used rule allowed him to transfer the case.
Johnson & Johnson's $2 billion bankruptcy strategy to end its liabilities in the nationwide talcum powder litigation hit another roadblock Tuesday after a North Carolina bankruptcy judge signaled his intentions to move the case to New Jersey.
U.S. Bankruptcy Judge Craig Whitley, who appears to be one of only two to rule in a bankruptcy case involving the corporate restructuring model J&J is using, said a seldom used rule allowed hi...
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