Johnson & Johnson Puts New Unit Holding Talc Claims Into Bankruptcy

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https://www.barrons.com/articles/johnson-johnson-jnj-talc-unit-bankruptcy-51634291963


Updated Oct. 15, 2021 6:58 americium ET / Original Oct. 15, 2021 5:59 americium ET

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Johnson & Johnson said a recently created subsidiary that holds the tens of thousands of lawsuits linked to its talc products was placed into bankruptcy. 

J&J (ticker: JNJ) said the subsidiary, LTL Management LLC, filed for section 11 extortion successful the U.S. Bankruptcy Court successful Charlotte, N.C.

Healthcare elephantine Johnson & Johnson itself didn’t file...


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