Actors / Company · United States
Johnson & Johnson
Appears in 1 case in this database. Roles as given in the documented record.
| Case | Role | Country | Period | Instrument |
|---|---|---|---|---|
| Asbestos 524(g) bankruptcy trusts and J&J talc two-step | Parent of LTL Management; talc claims | United States | 1988 | Liability shifting (spin-offs, bankruptcy, closure bonds) |
Appears alongside
Terms used on this page
Bonds and banking
- Liquidation, insolvency, bankruptcy
- Legal processes that apply when a company cannot pay its debts; its assets are sold and claims against it may go unpaid.