Talc Plaintiffs Seek To Confine Proposed J&J Bankruptcy To New Jersey

(June 13, 2024, 11:30 AM EDT) -- TRENTON, N.J. — A federal judge in New Jersey in a June 12 docket entry expedited briefing on talc plaintiffs’ motion seeking to enjoin Johnson & Johnson or its subsidiaries from declaring bankruptcy anywhere other than New Jersey.  The plaintiffs in the case claim that Johnson & Johnson performed a series of fraudulent transfers and bad faith bankruptcy filings to escape asbestos-talc liabilities....