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What to Expect if J&J Succeeds in Doing the Texas Two Step

As of April, there were approximately 29,000 pending lawsuits in the U.S. linking Johnson & Johnson’s talc-containing powders to ovarian cancer and mesothelioma. In recent years, J&J has taken some talc injury cases to trial and, in some of these cases, juries have sided with the company. As recently discussed by Law360′s Cara Salvatore in an article entitled “J&J May Court Trouble With ‘Texas Two-Step’ Talc Gambit,” J&J has threatened the plaintiffs with a bankruptcy maneuver known as the “Texas Two-Step.”


What Happens if Johnson & Johnson Files for Bankruptcy?

With decades of experience in bankruptcy, ASK LLP is uniquely situated to handle talcum powder cases in the event that J&J files for bankruptcy.