By Vince Sullivan ( April 4, 2023, 4:48 PM EDT) -- Johnson & Johnson's talc unit commenced a new Chapter 11 bankruptcy case Tuesday afternoon, just hours after an order dismissed its first restructuring attempt that leaned heavily on the so-called Texas Two-Step corporate maneuver, this time coming to court with an $8.9 billion settlement with a group of talc injury claimants whose litigation led to its original insolvency case....
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