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J&J talc bankruptcy stays in Texas despite ‘forum-shopping” opposition

10/10/2024

Less than a minute

2024.10.10 18:20

© Reuters. FILE PHOTO: A Johnson & Johnson banner is displayed on the front of the New York Stock Exchange (NYSE) in New York City, in New York City, U.S., December 5, 2023. REUTERS/Brendan McDermid/File Photo

By Dietrich Knauth

NEW YORK (Reuters) – A Johnson & Johnson (NYSE:) subsidiary can pursue its third attempt to resolve tens of thousands of lawsuits alleging its talc products caused cancer in a Texas bankruptcy court, a judge ruled on Thursday, allowing the company to avoid a venue that shot down its two previous efforts.

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10/10/2024

Less than a minute