Judge allows Johnson & Johnson to split talc liabilities from main business

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U.S. Bankruptcy Judge Laurie Selber Silverstein ruled at a hearing on Thursday in Delaware bankruptcy court.

The ruling came over the objections of lawyers for people who claimed that J&J’s talc products contained asbestos and caused them or family members to develop cancer.

Plaintiffs include women who have suffered from ovarian cancer, and others battling mesothelioma.

Moving talc-based claims into the Chapter 11 process could shield J&J from having to defend against cancer claims in jury trials. The New Brunswick (NYSE:BC), New Jersey-based company has not publicly announced such a plan.