Bankruptcy Administrator Seeks Formation of J&J Talc Claimant Committee
October 28 2021 - 5:15PM
Dow Jones News
By Jonathan Randles
A bankruptcy administrator overseeing the chapter 11 case of a
Johnson & Johnson subsidiary on Thursday asked a judge to
appoint an official committee for people alleging talc in the
company's products caused cancer or other injuries.
U.S. Bankruptcy Administrator Shelley Abel said in a filing in
the U.S. Bankruptcy Court in Charlotte, N.C., that she's received
responses from more than 50 parties expressing interest in joining
a talc injury committee that would have a role in the bankruptcy
case.
J&J undertook a corporate restructuring earlier this month
that effectively shifted nearly 40,000 talc injury claims to the
Charlotte bankruptcy court.
Ms. Abel previously sought to transfer the bankruptcy to
J&J's home state of New Jersey, a request a bankruptcy judge is
scheduled to consider next month.
Write to Jonathan Randles at jonathan.randles@wsj.com
(END) Dow Jones Newswires
October 28, 2021 17:00 ET (21:00 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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