Judge indicates intention to dismiss J&J talc unit bankruptcy

Judge indicates intention to dismiss J&J talc unit bankruptcy

Source: 
Reuters
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The bankruptcy case filed by Johnson & Johnson's (JNJ.N) subsidiary shouldering talc-related lawsuits will soon be dismissed unless a U.S appeals court agrees to reconsider its decision to nix the company's attempt to offload the litigation into Chapter 11 proceedings, a federal judge said on Tuesday.

Reporting by Mike Spector in New York; Editing by Will Dunham