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J&J's Bankruptcy Vote Has Some Claimants' Lawyers Calling for a Recount
The presidential vote is just a few days away, but the ballots in Johnson & Johnson's talc bankruptcy have lawyers already asking for a recount.
At an Oct. 21 hearing, lawyers for thousands of talcum powder claimants clamored to crack open the confidential vote tabulation behind J&J's $9 billion prepackaged bankruptcy plan. J&J's lawyers insisted that 83% of talc claimants supported the plan, but Eric Goodman, of Brown Rudnick in Washington, DC, representing a group called the Coalition of Counsel for Justice for Talc Claimants, told U.S. Bankruptcy Judge Christopher Lopez, of the Southern District of Texas, to cast doubt on the result.
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