On July 28, 2023, Chief Judge Kaplan entered an Opinion dismissing Johnson & Johnson subsidiary LTL’s second Chapter 11 bankruptcy, concluding that dismissal is warranted because of LTL’s “lack of imminent and immediate financial distress.” Basically, the Court agrees that this second attempt also was a sham bankruptcy.
We anticipate that J&J/LTL will appeal this decision. However, once Judge Kaplan enters a final dismissal Order, likely within the next week, the bankruptcy stay should be lifted so that litigation can proceed. If that happens, we can file new cases, serve plaintiff profile forms, and continue putting pressure on J&J.
If you or a loved one have been diagnosed with ovarian cancer, fallopian tube cancer, or primary peritoneal cancer, and have used Johnson & Johnson products, such as baby powder or Shower to Shower, please contact us today. You can reach us online or by calling our toll-free number at 800-459-2222.
Click the link below to read Chief Judge Kaplan’s Opinion.