J&J's Failed 3rd Try Casts Doubt On Use Of 'Texas Two-Step'

By Douglas Mintz, Ingrid Bagby and Casey Servais · May 1, 2025, 4:26 PM EDT

On March 31, U.S. Bankruptcy Judge Christopher Lopez of the U.S. Bankruptcy Court for the Southern District of Texas denied confirmation of the prepackaged Chapter 11 plan of Johnson & Johnson...

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