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Re:J&J Can’t Use Bankruptcy to Resolve Talc-Injury Lawsuits,... by ethbr0 on Monday January 30, 2023 @05:44PM (#34587651)
To shield JNJ leadership and ownership, including shareholders.

If you make an agreement to pay an unlimited amount of money to a spin-off, obviously you're not doing it to save money.

You're doing it to retain control, even when you have to pay extremely large amounts of money.

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