A North Carolina chapter determine dominated that Johnson & Johnson picked the unsuitable place to file a chapter 11 case to aim to resolve 1000’s of injury claims linking its talcum powder-based merchandise to most cancers, sending the proceedings to New Jersey in its place.
Select Craig Whitley of the U.S. Chapter Courtroom in Charlotte, N.C., said he was “obliged” to maneuver to New Jersey the chapter 11 case of a newly created J&J subsidiary that was formed to drive a settlement of the company’s talc liabilities, which have worth it roughly $3.5 billion in settlements and verdicts.
https://www.wsj.com/articles/north-carolina-judge-moves-j-j-talc-bankruptcy-to-new-jersey-11636572841?mod=pls_whats_news_us_business_f | J&J Talc Chapter Case Moved to New Jersey From North Carolina
