J&J Cancer Claimants Lose Bid for Execs’ Bankruptcy Depositions

Johnson & Johnson cancer claimants fell short in their bid to get immediate access to depositions from five executives taken during two previous Chapter 11 filings, as they seek to prevent a third bankruptcy filing from the health-care company.

The claimants’ expedited request was denied in a Thursday order from Judge Michael A. Shipp in the US District Court for the District of New Jersey, who noted the court still hasn’t determined whether it has jurisdiction over the case.

J&J has tried using a controversial bankruptcy strategy called the Texas Two-Step to resolve tens of thousands of talc-related suits stemming ...