{"id":556,"date":"2024-05-01T19:10:22","date_gmt":"2024-05-01T19:10:22","guid":{"rendered":"https:\/\/usatrustedlawyers.com\/blog\/johnson-johnson-launches-6-48b-bankruptcy-plan-to-resolve-talc-lawsuits\/"},"modified":"2024-05-01T19:10:22","modified_gmt":"2024-05-01T19:10:22","slug":"johnson-johnson-launches-6-48b-bankruptcy-plan-to-resolve-talc-lawsuits","status":"publish","type":"post","link":"https:\/\/usatrustedlawyers.com\/blog\/johnson-johnson-launches-6-48b-bankruptcy-plan-to-resolve-talc-lawsuits\/","title":{"rendered":"Johnson &#038; Johnson Launches $6.48B Bankruptcy Plan to Resolve Talc Lawsuits"},"content":{"rendered":"\n<div>\n<p>Johnson &amp; Johnson announced plans for a subsidiary to file a third bankruptcy to resolve thousands of talcum powder lawsuits as part of a \u201cprepackaged\u201d reorganization plan that would provide nearly $6.48 billion to cancer victims.<\/p>\n<p>In Wednesday\u2019s announcement, Johnson &amp; Johnson said its proposed bankruptcy plan could garner the support of more than 75% of talc victims, noting various differences from two prior Chapter 11 cases that judges dismissed last year. Johnson &amp; Johnson said its plan, if approved, would resolve 99.75% of all pending talc lawsuits.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Johnson &amp; Johnson announced plans for a subsidiary to file a third bankruptcy to resolve thousands of talcum powder lawsuits as part of a \u201cprepackaged\u201d reorganization plan that [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":557,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[742,128,705,741,317,743,744,625],"class_list":["post-556","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-lawyers","tag-6-48b","tag-bankruptcy","tag-johnson","tag-launches","tag-lawsuits","tag-plan","tag-resolve","tag-talc"],"_links":{"self":[{"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/posts\/556","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/comments?post=556"}],"version-history":[{"count":0,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/posts\/556\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/media\/557"}],"wp:attachment":[{"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/media?parent=556"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/categories?post=556"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/tags?post=556"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}