Johnson & Johnson: History and Talcum Powder Lawsuits
J&J Faces Baby Powder Lawsuits. In April 2023, J&J proposed a new bankruptcy plan to settle its talc lawsuits. Johnson & Johnson wants to establish an $8.9 billion trust fund through its talc subsidiary, LTL Management, to handle current and future talc claims. The company currently faces at least 51,000 talc lawsuits.