{"id":131643,"date":"2023-02-14T12:54:09","date_gmt":"2023-02-14T12:54:09","guid":{"rendered":"https:\/\/bottarolaw.com\/?p=131643"},"modified":"2023-02-16T18:14:15","modified_gmt":"2023-02-16T18:14:15","slug":"court-rejects-johnson-johnsons-bankruptcy-efforts","status":"publish","type":"post","link":"https:\/\/bottarolaw.com\/blog\/court-rejects-johnson-johnsons-bankruptcy-efforts\/","title":{"rendered":"Personal Injury News: In Product Liability Cases, Court Rejects Johnson & Johnson\u2019s Bankruptcy Efforts To Dodge Lawsuits"},"content":{"rendered":"

Did you know that if you suffer personal injury from a product, you may have the right to compensation?\u00a0 At Bottaro Injury Lawyers, we can help.\u00a0 Our lawyers stay up to date on the latest personal injury news, not only in our Rhode Island and Massachusetts communities, but also nationally.\u00a0 Recently, there was a major court decision in product liability claims against Johnson & Johnson relating to their baby powder.<\/span><\/p>\n

Johnson & Johnson Baby (Talc) Powder Lawsuits: Do I Have A Case?<\/b><\/p>\n

Roughly <\/span>40,000 severely-injured people<\/span><\/a> have sued J&J over J&J\u2019s knowledge that its baby powder and other talc-based products may have contained Asbestos. This includes injured people in our Rhode Island and Massachusetts communities.\u00a0 Those injured are <\/span>mostly women<\/span><\/a> with Ovarian Cancer, but other victims have been diagnosed with the fatal lung disease, Mesothelioma.\u00a0\u00a0<\/span><\/p>\n

\"close

Have you been injured by a dangerous product? Reach out to Bottaro Law<\/a> to receive a\u00a0free case review\u00a024\/7.<\/p><\/div>\n

Can Johnson & Johnson Shield Itself From Cases Through Bankruptcy? The Court Says \u201cNo\u201d<\/b><\/p>\n

With over 250,000 lawsuits pending against J&J, the company \u2013 like many large companies \u2013 wants to avoid taking responsibility for its actions.\u00a0<\/span><\/p>\n

However, in J&J\u2019s most recent attempt to avoid public scrutiny, the United States Court of Appeals for the Third Circuit in Philadelphia rejected the company\u2019s attempt to use a litigation tactic that would essentially \u201cfreeze\u201d the 250,000 injury lawsuits against it.\u00a0\u00a0<\/span><\/p>\n

So, what exactly did the Court do?\u00a0 Well first, let\u2019s talk about what J&J did.\u00a0 J&J attempted to do what attorneys call the \u201c<\/span>Texas Two-Step<\/span><\/a>.\u201d\u00a0 This is when sophisticated companies, like J&J, create subsidiaries, transfer all personal injury lawsuits against them to the subsidiary, then file for bankruptcy.\u00a0 In 2021, J&J created a subsidiary called LTL Management LLC and transferred all its personal injury cases to it.\u00a0 Coincidentally, LTL Management LLC declared bankruptcy very shortly after the transfer.\u00a0 Why do big companies do this?\u00a0 Because it pauses the lawsuits against them and affords them Chapter 11 bankruptcy protections.\u00a0 Among other things, this tactic also allows large companies to avoid public jury trials against them.\u00a0<\/span><\/p>\n

While this tactic might seem impossible to use in sophisticated Federal courts (how could anything that has to do with J&J\u2019s <\/span>$400 Billion-Dollar enterprise<\/span><\/a> be \u201cbankrupt\u201d?), it has worked for skilled corporate attorneys time and time again.\u00a0 However, this time, the Court decided to stand up to J&J.\u00a0 Specifically, the Court stated that the J&J\/LTL petition had \u201cno valid bankruptcy purpose.\u201d\u00a0\u00a0<\/span><\/p>\n

While we at <\/span>Bottaro Law Firm<\/span><\/a> \u2013 and all personal injury attorneys alike \u2013 hope that the courts continue to shut down this this cheap litigation trick, we are prepared to go to bat against companies that continue to slow down the litigation process.\u00a0\u00a0<\/span><\/p>\n

Now the thousands injured by J&J products, who may be entitled to around <\/span>$61 billion<\/span><\/a> in damages, are able to pursue justice in the court system.<\/span><\/p>\n

It\u2019s Good to Know Mike Bottaro \u2013 24\/7 Top-Rated Personal Injury Help<\/b><\/p>\n

At the\u00a0<\/span>Bottaro Law Firm<\/span><\/a>, we handle all types of personal injury cases every day, including those that deal with dangerous products.\u00a0 We pride ourselves on our honesty, integrity, and results.\u00a0 Our\u00a0experienced legal team\u00a0is here to fight for your rights.\u00a0 Contact us 24\/7 in any method you prefer for a fast, free, and confidential consultation about your case. Text or call us at 401-251-0515 or fill out our free and\u00a0confidential online form.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Did you know that if you suffer personal injury from a product, you may have the right to compensation?\u00a0 At Bottaro Injury Lawyers, we can help.\u00a0 Our lawyers stay up to date on the latest personal injury news, not only … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8,28],"tags":[],"acf":[],"yoast_head":"\nJohnson & Johnson Lawsuit Update | The Bottaro Law Firm<\/title>\n<meta name=\"description\" content=\"Recently, there was a major court decision in product liability claims against Johnson & Johnson relating to their baby powder.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bottarolaw.com\/blog\/court-rejects-johnson-johnsons-bankruptcy-efforts\/\" \/>\n<meta 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