Johnson & Johnson unit seeks third Chapter 11 bankruptcy filing to resolve talc claims
Johnson & Johnson unit seeks third Chapter 11 bankruptcy filing to resolve talc claims


Justin Sullivan

A Johnson & Johnson (New York Stock Exchange:JNJ) Talc subsidiary Red River Talc, which was formed to handle claims related to the healthcare giant’s talc-based products, filed a voluntary prepackaged Chapter 11 bankruptcy case on Friday to resolve current and future claims related to ovarian cancer.

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