Law pro­fes­sors join fight against J&J's con­tro­ver­sial move to spin out talc as­sets and file for bank­rupt­cy

With law­suits pil­ing up al­leg­ing its talc-based prod­ucts caused can­cer, J&J con­tro­ver­sial­ly spun its re­lat­ed li­a­bil­i­ties in­to a sep­a­rate com­pa­ny and filed for bank­rupt­cy back in Oc­to­ber. Now a com­mit­tee rep­re­sent­ing the talc claimants is say­ing not so fast — and sev­en bank­rupt­cy law pro­fes­sors are join­ing the cho­rus.

A group of pro­fes­sors from uni­ver­si­ties across the coun­try is look­ing to sub­mit an am­i­ci cu­ri­ae, or “friend of the court,” brief in sup­port of a mo­tion by the talc claimants’ com­mit­tee to dis­miss J&J’s Chap­ter 11 case, ac­cord­ing to court doc­u­ments filed on Tues­day.

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