U.S. court rejects J&J bankruptcy strategy for thousands of talc lawsuits
Jan 30 (Reuters) – A U.S. appeals courtroom on Monday shot down Johnson & Johnson’s (JNJ.N) try to offload tens of 1000’s of lawsuits in excess of its talc solutions into personal bankruptcy court. The ruling marked the very first key repudiation of an emerging lawful tactic with the probable to upend U.S. company liability…