Johnson & Johnson's $8.9 bn settlement plan in jeopardy | World DNA
Edited By WION Video Desk
Published: Jul 31, 2023, 07:00 IST | Updated: Jul 31, 2023, 07:00 IST
A US court ruled that Johnson & Johnson cannot use the bankruptcy of one of its subsidiaries as leverage to force thousands of cancer patients to withdraw their cases and accept a settlement offer. The appeals court made it clear that a company must be in "immediate, imminent, and clear" financial trouble before it can file for bankruptcy.
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