J&J Seeks Victory in Fight With Baby Powder Cancer Victims
- ‘Texas Two Step’ seeks to halt lawsuits and force a settlement
- Victims’ lawyers say bankrupt unit filed wrong paperwork
Photographer: Justin Sullivan/Getty Images
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Johnson & Johnson could start collecting on its new legal strategy for dealing with baby-powder cancer claims as early as Wednesday as it seeks to win an initial courtroom showdown with 35,000 people who claim they were hurt by the widely used product.
The consumer health-care company wants a federal judge to temporarily halt all lawsuits related to the talc in its baby powder so it can negotiate a settlement under bankruptcy rules usually reserved for failed companies that can’t pay their debts.