Best Of: Inside Johnson & Johnson’s bankruptcy two-step
Behind the Money
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The Texas Two Step Bankruptcy Process
Jones Day has declined to answer questions or comment on its role in the Texas two step bankruptcy process. Jamie says there's been interest from other companies to try out the two step. 3M, which is accused of producing defective earplugs for the US military,. It's lost 10 out of 16 trials as of this June. There's also Dow Chemical, which faces 9,000 claims tied to cancer.
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