J&J has said the Purdue ruling does not affect its settlement proposal because U.S. bankruptcy law includes explicit legal protections for asbestos defendants that have not filed for bankruptcy.

J&J wants to use Chapter 11 proceedings because bankruptcy judges can enforce global settlements that permanently halt all related lawsuits and forbid new ones, all for a capped payout.

J&J's timetable for both disclosing claimants' settlement support and initiating a bankruptcy filing, which have not been previously reported, remains in flux and could change, one of the people said.

J&J is arguing the enhanced settlement and subsequent bankruptcy is the only way to fairly deal with future cancer lawsuits without decades of litigation. If approved, ...

RELATED: Johnson & Johnson talc settlement includes $15M for MD; first payment due late July. Last year a subsidiary of J&J proposed to pay approximately $6.48 billion over 25 years as part of a ...

J&J’s decision to sweeten its settlement offer would bring the total the firm has agreed to pay out – or already expended – to resolve baby powder cases to more than $13.4 billion.

Last year a subsidiary of J&J proposed to pay approximately $6.48 billion over 25 years as part of a settlement in the U.S. to cover allegations that its baby powder containing talc caused ovarian ...

Last year a subsidiary of J&J proposed to pay approximately $6.48 billion over 25 years as part of a settlement in the U.S. to cover allegations that its baby powder containing talc caused ovarian ...

Last year a subsidiary of J&J proposed to pay approximately $6.48 billion over 25 years as part of a settlement in the U.S. to cover allegations that its baby powder containing talc caused ovarian ...

A U.S. bankruptcy court judge has denied Johnson & Johnson’s settlement plan related to baby powder containing talc, providing another setback in the company’s efforts to resolve the matter.

A U.S. bankruptcy court judge has denied Johnson & Johnson’s settlement plan related to baby powder containing talc, providing another setback in the company’s efforts to resolve the matter ...