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Johnson and Johnson offers up to $5.5B to settle baby powder lawsuits (bbc.com)
11 points by tchalla 11 hours ago
1 comments

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.