Avon Files For Chapter 11 Bankruptcy Citing Liability For Asbestos Talc Claims

(August 15, 2024, 2:41 PM EDT) -- WILMINGTON, Del. — The U.S. divisions of beauty product giant Avon have filed for bankruptcy protection due in part to asbestos talc lawsuits and received approval on Aug. 14 from a Delaware federal bankruptcy judge to obtain financing from their parent company to continue operating during the consolidated Chapter 11 case....