Torts/Personal Injury,
Bankruptcy
Dec. 10, 2021
Trustee wants Jones Day out of subsidiary bankruptcy case
In the latest setback for J&J, New Jersey trustee Andrew Vara filed an objection Wednesday to Jones Day representation of LTL Management because the firm represents the J & J parent company and several other subsidiaries that did not file for bankruptcy and could have conflicts of interest.
Johnson & Johnson's plan to end nearly 40,000 nationwide talcum powder lawsuits through bankruptcy hit yet another roadblock this week after a New Jersey trustee, citing a conflict of interest, objected to Jones Day's involvement in the case.
J&J faces some 38,000 lawsuits consolidated in California and New Jersey, claiming the company's baby powder contains asbestos and causes ovarian cancer and mesothelioma.
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