Health Care & Hospital Law,
Bankruptcy
Nov. 17, 2021
J&J bankruptcy must be heard in New Jersey, judge rules
U.S. Bankruptcy Judge Craig Whitley issued a strongly worded order Tuesday, saying J&J more than forum shopped, it manufactured a forum and created a venue to file bankruptcy.
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 judge punted the case to New Jersey, out of the company's preferred venue.
U.S. Bankruptcy Judge Craig Whitley is one of only two to rule in bankruptcy cases involving the corporate restructuring model J&J is attempting to use to limit liability in nearly 40,000 la...
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