US judge rules that 'Texas two-step' bank­rupt­cy can't help J&J stop a new pro­posed talc law­suit

Last month, J&J won its con­tro­ver­sial bid to file for bank­rupt­cy as a way of set­tling 38,000 law­suits over its talc prod­ucts. Now the com­pa­ny’s about to face an­oth­er class ac­tion suit — and it looks like the same tac­tics won’t help it dodge this one.

Fed­er­al Judge Michael Ka­plan ruled on Tues­day that J&J’s bank­rupt­cy fil­ing can’t stop a pro­posed class-ac­tion law­suit al­leg­ing the com­pa­ny hid ev­i­dence that work­ers may have been ex­posed to as­bestos from the talc op­er­a­tions.

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Senior Associate

Alexandria Real Estate Equities

Durham, NC, USA