
Johnson & Johnson Takes Action: Subsidiary Red River Talc LLC Files for Voluntary Prepackaged Chapter 11 Case to Address Ovarian Cancer Talc Claims
Johnson & Johnson Subsidiary Files for Bankruptcy Overview In a recent announcement, Johnson & Johnson revealed that its subsidiary, Red River Talc LLC, has filed for voluntary prepackaged Chapter 11 bankruptcy in order to settle all current and future claims related to ovarian cancer linked to its cosmetic talc products. This move comes as a…