You may recall a previous post about #JohnsonandJohsnon trying to US #Bankruptcy law to limit their exposure to damages from the discovery that their #talc was #carcogenic?
That attempt failed but now J&J is back with a more narrowly focussed bankruptcy petition & agreement from a range of those bringing cases against J&J for damages.
Now, for a second time, we get to see whether using US #Chapter11 bankruptcy laws is seen in this case as a viable way fo dealing with #compensation for victims
#johnsonandjohsnon #bankruptcy #talc #carcogenic #chapter11 #compensation