This post was originally published on this site
https://i-invdn-com.investing.com/trkd-images/LYNXMPEH7P10L_L.jpg
U.S. Bankruptcy Judge Laurie Selber Silverstein ruled at a hearing on Thursday in Delaware bankruptcy court.
The ruling came over the objections of lawyers for people who claimed that J&J’s talc products contained asbestos and caused them or family members to develop cancer.
Plaintiffs include women who have suffered from ovarian cancer, and others battling mesothelioma.
Moving talc-based claims into the Chapter 11 process could shield J&J from having to defend against cancer claims in jury trials. The New Brunswick (NYSE:BC), New Jersey-based company has not publicly announced such a plan.
