J&J Asserts That The Verdict Award Will Not Be Paid During The Ongoing Bankruptcy Proceedings, A Decision With No Impact On The Process Backed By Lawyers Representing Most Claimants
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Johnson & Johnson (J&J) asserts that the verdict award will not be paid during the ongoing bankruptcy proceedings. The company maintains that the verdict contradicts decades of independent scientific evaluations confirming the safety of their baby powder and its lack of asbestos or cancer-causing properties.
July 18, 2023 | 11:48 pm
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J&J's ongoing bankruptcy proceedings and the verdict award could potentially impact the company's financial stability. However, the company asserts that the verdict contradicts scientific evaluations of their baby powder's safety.
The ongoing bankruptcy proceedings and the verdict award could potentially impact J&J's financial stability. However, the company's assertion that the verdict contradicts scientific evaluations of their baby powder's safety could potentially mitigate some of this impact.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100