J&J, Bankrupt Talc Miners Resolve Indemnification Dispute With $500M Settlement

(July 18, 2024, 2:22 PM EDT) -- WILMINGTON, Del. — Various Johnson & Johnson entities will pay more than $500 million to two bankrupt talc-mining companies, resolving questions surrounding indemnification for asbestos and other talc-related liabilities and paving the way for resolution of the bankruptcy plans, according to a joint motion for approval....