J&J Bankruptcy May Spark SCOTUS 'Texas Two-Step' Scrutiny

By Alex Wittenberg (November 3, 2023, 4:33 PM EDT) -- Johnson & Johnson, which twice failed to use bankruptcy to resolve claims its baby powder caused cancer, is plotting a third Chapter 11 filing, with the potential to spark a circuit split that could put the controversial "Texas Two-Step" maneuver squarely in the U.S. Supreme Court's sights, experts told Law360....

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