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J&J’s Court Loss Weakens Controversial Legal Tactic Used by Big Companies

A federal appeals court in Philadelphia found that J&J is too rich to use bankruptcy to resolve more than 40,000 cancer claims over its baby powder.
Johnson & Johnson to stop Russia sales.
Johnson & Johnson products. (Shutterstock)

A courtroom loss by Johnson & Johnson is threatening a legal manoeuvre developed by a handful of the most profitable companies in the world to fight lawsuits.

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