Remix.run Logo
Johnson and Johnson offers up to $5.5B to settle baby powder lawsuits(bbc.com)
11 points by tchalla 15 hours ago | 1 comments
FireBeyond 9 hours ago | parent [-]

And spun off Kenvue as an entity to hold all the liability. Watch them put a few hundred million into it, and Texas Two-Step (https://en.wikipedia.org/wiki/Texas_two-step_bankruptcy) away, for cents on the dollar and hands washed clean.