Legal
J&J Considers New Bankruptcy Case to Stop Cancer Suits, Lawyers Say
- Lawyers for cancer victims comment in bankruptcy court filing
- J&J can’t be allowed to halt suits in bankruptcy, lawyers say
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Johnson & Johnson has threatened to file a new bankruptcy case to try to settle more than 40,000 cancer lawsuits, lawyers for people suing the company said in a court filing.
The company’s first attempt to use bankruptcy to force a settlement on cancer victims was scheduled to end today when a federal judge was set to dismiss that Chapter 11 case, according to a court filing.