💰 J&J talc unit asks judge to halt cancer lawsuits as it pursues $8.9 bln settlement

TL;DR

April 18 (Reuters) - A Johnson & Johnson subsidiary is again asking a U. At a Tuesday hearing in Trenton, New Jersey, a lawyer for LTL Management argued the lawsuits, which are already stayed against LTL, should also be stopped against J&J, which has a market value of over $430 billion and has not filed for bankruptcy itself. Bankruptcy Judge Michael Kaplan agreed to protect J&J from lawsuits during LTL's first bankruptcy, saying at the time it offered the best way to fairly resolve all of the talc lawsuits together

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