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J&J puts newly created subsidiary into bankrupt

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J&J puts newly created subsidiary into bankruptcy over talc claims


Business | 203246 hits | Oct 15 6:47 am | Posted by: DrCaleb
11 Comment

Johnson & Johnson has created a subsidiary to manage thousands of legal claims alleging its talc caused cancer and placed it into Chapter 11 bankruptcy, in a move critics say is aimed at limiting future payouts.

Comments

  1. by avatar DrCaleb
    Fri Oct 15, 2021 2:10 pm
    And that's how the rich get richer, while being unaccountable.

  2. by avatar Scape
    Fri Oct 15, 2021 10:09 pm


    I see a pattern emerging...

  3. by avatar CDN_PATRIOT
    Fri Oct 15, 2021 10:59 pm
    "DrCaleb" said
    And that's how the rich get richer, while being unaccountable.


    Won't change until we all revolt.



    -J.

  4. by avatar DrCaleb
    Fri Oct 15, 2021 11:52 pm
    "CDN_PATRIOT" said
    And that's how the rich get richer, while being unaccountable.


    Won't change until we all revolt.



    -J.

    I'm pretty revolting right now.

  5. by avatar raydan
    Sat Oct 16, 2021 12:30 am
    I volted yesterday, do I have to do it again?

  6. by avatar Scape
    Sat Oct 16, 2021 1:03 am
    and again, and again....

  7. by avatar CDN_PATRIOT
    Sat Oct 16, 2021 1:55 pm
    In all seriousness, if everyone just stood up at the same time and screamed "ENOUGH! TIME FOR CHANGE!", we might just be able to usher in a new era. Unfortunately, there is too much complacency and apathy floating around in society for this to happen.

    -J.

  8. by avatar DrCaleb
    Sat Oct 16, 2021 2:09 pm
    "CDN_PATRIOT" said
    In all seriousness, if everyone just stood up at the same time and screamed "ENOUGH! TIME FOR CHANGE!", we might just be able to usher in a new era. Unfortunately, there is too much complacency and apathy floating around in society for this to happen.

    -J.


    And the apathy is no coincidence. Too many people are more concerned about day to day life, than a revolution for a cause that the media isn't reporting on. Which is also no coincidence, because they would be first up against the wall. PDT_Armataz_01_35

  9. by avatar CDN_PATRIOT
    Sat Oct 16, 2021 4:18 pm
    "DrCaleb" said
    In all seriousness, if everyone just stood up at the same time and screamed "ENOUGH! TIME FOR CHANGE!", we might just be able to usher in a new era. Unfortunately, there is too much complacency and apathy floating around in society for this to happen.

    -J.


    And the apathy is no coincidence. Too many people are more concerned about day to day life, than a revolution for a cause that the media isn't reporting on. Which is also no coincidence, because they would be first up against the wall. PDT_Armataz_01_35

    Mainly because we have no choice. I used to think years in advance, but I can't afford to do that anymore. I think as far as the next day and that's it. My life is on a shoestring right now, like many others.

    -J.

  10. by avatar Strutz
    Sat Oct 16, 2021 6:17 pm
    I couldn't read the article without agreeing to subscribe... :roll:

  11. by avatar DrCaleb
    Sat Oct 16, 2021 6:44 pm
    "Strutz" said
    I couldn't read the article without agreeing to subscribe... :roll:


    :oops:

    https://www.reuters.com/business/health ... 021-10-14/



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