J&J proposes paying US$8.9B to settle talcum powder lawsuits

Under a proposal announced Tuesday, a J&J subsidiary will re-file for Chapter 11 bankruptcy protection and seek court approval for a plan that would result in one of the largest product-liability settlements in U.S. history.

The revised amount is being backed by more than 60,000 parties that have filed lawsuits alleging harm from J&J talcum powder, according to the company. But fighting the lawsuits in court would take decades and be expensive, said Erik Haas, J&J's worldwide vice president of litigation.

paying to who, the politicians? that's always who gets the money in these cases. show me the money!

J&J propose paying off their crimes against humanity

cum.

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