Judd Legum

@JuddLegum ↗

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Last Checked June 19, 2022

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Tue May 31 12:42:21 +0000 2022

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Judd Legum @JuddLegum

6. By declaring bankruptcy, all 40K lawsuits are immediately halted. If the bankruptcy goes forward, every plaintiff will have to fight for a piece of the $2 billion that J&J set aside, which is less than the amount awarded by a single jury verdict https://t.co/p6whL6Nc5E — PolitiTweet.org

Posted May 31, 2022

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Judd Legum @JuddLegum

5. In October 2021, J&J executed a brazen scheme to change the rules of the game. Using Texas law, they spun off a new subsidiary, LTL Management LTL received ALL the baby powder lawsuits and $2 billion Then LTL immediately declared bankruptcy https://t.co/p6whL6Nc5E https://t.co/Z5GdgT0455 — PolitiTweet.org

Posted May 31, 2022

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Judd Legum @JuddLegum

7. Is this even legal? Unclear. But J&J is paying a phalanx of expensive lawyers to make it legal Now this "bankrupt" fake company wants to add another lawyer, @nealkatyal, to handle the appeal of its bankruptcy filing and pay him $2500 PER HOUR https://t.co/p6whL6Nc5E — PolitiTweet.org

Posted May 31, 2022