As of December 3, 2024, the bankruptcy judge has decided to keep the baby powder lawsuits against Johnson & Johnson on hold until mid-March. This delay provides the company time to continue pursuing its bankruptcy strategy, which aims to resolve tens of thousands of injury claims permanently.
During a recent hearing, the judge ruled against expanding the litigation freeze to include other entities allegedly involved, and also opted not to lift the block to allow some cases to proceed. Johnson & Johnson is proposing to settle the claims by paying over $8 billion through a corporate entity it created specifically for this purpose, which would file for bankruptcy and absorb the lawsuits.
[fluentform id=”15″]
