Resistance to J & J’s bankruptcy bet may be futile

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By Vince Sullivan (October 15, 2021, 6:10 p.m. EDT) – Lawyers for talc plaintiffs with claims against Johnson & Johnson are determined to challenge the company’s legally gray strategy of bankrupting a subsidiary with its billions of dollars. responsibility in talc, but experts say the battle will likely be difficult.

Johnson & Johnson executed the deals needed to bankrupt a newly formed subsidiary Thursday night after months of strategy discussions, and plaintiffs’ lawyers say their clients are prepared to pursue numerous legal avenues to oppose the maneuvers of the company.

“They are furious,” Beasley Allen Crow’s Methvin Portis & Miles PC talc claimant lawyer Ted Meadows said of his …

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