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  2. The 'Texas two-step' is back as J&J tries to shed talc ... - AOL

    www.aol.com/finance/texas-two-step-back-j...

    J&J's third attempt at bankruptcy protection involves a subsidiary called Red River Talc that would cap settlement damages at $8 billion. The company maintains that none of the talc-related claims ...

  3. J&J subsidiary files for bankruptcy to advance $8 billion ...

    www.aol.com/j-j-subsidiary-files-bankruptcy...

    A Johnson & Johnson subsidiary filed for bankruptcy for a third time on Friday as the healthcare giant seeks to advance an approximately $8 billion proposed settlement that would end tens of ...

  4. J&J unit files for bankruptcy to advance $10 billion talc ...

    www.aol.com/news/j-j-subsidiary-files-bankruptcy...

    To stop those lawsuits, J&J subsidiary Red River Talc filed for bankruptcy protection in a federal bankruptcy court in Houston. The company has denied the allegations and has called its products safe.

  5. J&J subsidiary proposes paying about $6.48B over 25 years to ...

    www.aol.com/news/j-j-subsidiary-proposes-paying...

    A subsidiary of Johnson & Johnson is now proposing to pay approximately $6.48 billion over 25 years as part of a settlement in the U.S. to cover allegations that its baby powder containing talc ...

  6. J&J says it has settled some talc claims, will continue ... - AOL

    www.aol.com/news/j-j-says-settled-talc-232345463...

    J&J faces more than 50,000 lawsuits over talc, most by women with ovarian cancer, with a minority of the cases involving people with mesothelioma. The company has said that its talc products are ...

  7. Texas to get $61.5 million as part of Johnson & Johnson baby ...

    www.aol.com/texas-61-5-million-part-203911990.html

    The company sold talc products for more than 100 years but ceased to do so in the U.S. and globally in 2023, after the coalition of 42 states and Washington, D.C., began its investigation. The ...

  8. Cancer victims lose bid to block proposed J&J talc bankruptcy

    www.aol.com/news/cancer-victims-lose-bid-block...

    J&J has failed twice to execute a bankruptcy maneuver aimed at ending current and future talc lawsuits. The strategy, known as a Texas two-step, involves creating a subsidiary to absorb J&J's talc ...

  9. J&J in talks with holdouts to $6.5 billion talc settlement

    www.aol.com/news/j-j-talks-holdouts-6-180346469.html

    J&J faces lawsuits from more than 62,000 plaintiffs alleging that its baby powder and other talc products were contaminated with asbestos and caused ovarian and other cancers.

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