Johnson and Johnson (J&J) has engaged a restructuring vehicle to leverage bankruptcy protection for its talcum claim awards. The ‘Texas Two Step’ is a legal investment strategy that limits overall financial loss due to class action and other corporate litigation. J&J has allocated $2B to a new company that will hold litigation liability.
Legal Finance SE Announces Plans to Fund Hundreds of Lawsuits Against Illegal Online Casinos
Johnson and Johnson (J&J) has engaged a restructuring vehicle to leverage bankruptcy protection for its talcum claim awards. The ‘Texas Two Step’ is a legal investment strategy that limits overall financial loss due to class action and other corporate litigation. J&J has allocated $2B to a new company that will hold litigation liability.
