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Corporate,
Bankruptcy

Jan. 28, 2022

Bankruptcy experts want to weigh in against J&J’s ‘abuse’ of system

“At some level, this isn’t really about J&J, this is more about the integrity of the bankruptcy system,” said USC law Professor Robert K. Rasmussen.

Bankruptcy experts want to weigh in against J&J's 'abuse' of system

Asking to file amicus briefs in a New Jersey bankruptcy case, a group of law professors said Johnson & Johnson's "blatant abuse" of the bankruptcy system would allow the pharmaceutical giant to escape liability in the nationwide talc litigation.

Seven bankruptcy professors from universities across the nation filed a motion Tuesday,...

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