Supreme Court Decision Derailing Purdue Pharma Bankruptcy Could Trip J&J Talc Litigation Strategy
Supreme Court ruling on Purdue bankruptcy should “derail any attempt by J&J to return the talc litigation to the bankruptcy courts,” says class action plaintiff’s attorney. A federal court, Justice Gorsuch states, relieved Purdue owners of liability “without securing the consent of those affected or placing anything approaching their total assets on the table.”
Johnson & Johnson’s strategy to resolve class action complaints concerning talc-containing products could be short-circuited by a US Supreme Court ruling that opioid drug maker Purdue Pharma L.P.’s bankruptcy plan inappropriately protected its owners, the Sackler family.
The Supreme Court ruled that a US district court didn’t have authority to release the Sackler family members from legal...