Johnson & Johnson unit loses bid to stay in bankruptcy during Supreme Court appeal

Posted on Posted in Talcum Powder Cancer Link

By Dietrich Knauth (Reuters) -A Johnson & Johnson company cannot delay a court order dismissing its bankruptcy, a U.S. court said on Friday, despite the company’s planned Supreme Court appeal to use bankruptcy to resolve tens of thousands of lawsuits over its talc products. J&J sought to use the bankruptcy of its subsidiary company, LTL […]