After Johnson & Johnson’s initial victory in its attempt to resolve talc lawsuits through a bankruptcy ploy, little has gone the way of the pharma giant.
Friday, J&J took another courtroom defeat as the U.S. Court of Appeals for the 3rd Circuit rejected its bid to delay an order dismissing the bankruptcy. The company had hoped for a stay, pending an appeal with the Supreme Court. The decision allows more than 38,000 cases pending against J&J to proceed in court.
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