Johnson & Johnson announced on May 1 that its subsidiary LLT Management LLC (LLT) proposedsharky3kastkinga restructuring plan to comprehensively and ultimately resolve current and future challenges to the company and its operations in the United Statessharky3kastkingFor all claims related to ovarian cancer in the talc suit filed by its affiliates, the plan promises the company to pay claimants a present value of approximately 64% over 25 years.sharky3kastking... US$7.5 billion in damages.
