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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Johnson and Johnson | NYSE:JNJ | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.30 | 0.19% | 158.26 | 159.14 | 158.11 | 158.11 | 6,293,906 | 00:00:00 |
By Jonathan Randles
A bankruptcy administrator overseeing the chapter 11 case of a Johnson & Johnson subsidiary on Thursday asked a judge to appoint an official committee for people alleging talc in the company's products caused cancer or other injuries.
U.S. Bankruptcy Administrator Shelley Abel said in a filing in the U.S. Bankruptcy Court in Charlotte, N.C., that she's received responses from more than 50 parties expressing interest in joining a talc injury committee that would have a role in the bankruptcy case.
J&J undertook a corporate restructuring earlier this month that effectively shifted nearly 40,000 talc injury claims to the Charlotte bankruptcy court.
Ms. Abel previously sought to transfer the bankruptcy to J&J's home state of New Jersey, a request a bankruptcy judge is scheduled to consider next month.
Write to Jonathan Randles at jonathan.randles@wsj.com
(END) Dow Jones Newswires
October 28, 2021 17:00 ET (21:00 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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