https://www.wsj.com/articles/profitable-companies-enlist-bankruptcy-courts-to-sidestep-cancer-trials-11644319800

A handful of large, profitable corporations are using a new strategy to access U.S. bankruptcy courts, unlocking powerful legal tools for settling thousands of asbestos lawsuits for a fraction of what juries might force these companies to pay.

The new legal tactic is shifting the balance of power toward corporate defendants Johnson & Johnson , Georgia-Pacific LLC as well as U.S. units of Ireland’s Trane Technologies PLC and France’s Compagnie de Saint-Gobain SA, which have corporate affiliates accused of previously selling products that contain asbestos, a cancer-causing mineral.

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