No Bankruptcy Bailouts for Wealthy Corporations
November 3, 2021
Previous Post Next Post

Thousands of Americans have died from ovarian cancer or mesothelioma caused by Johnson & Johnson’s baby powder. This dangerous product has been found to contain a known carcinogen, asbestos, and was withdrawn from the U.S. market in May 2020.

Johnson & Johnson abused the trust of Americans when it sold a product they knew contained asbestos, and today, it is failing to take responsibility for its actions by filing for bankruptcy despite being a multi-billion dollar global corporation.

This bankruptcy gimmick is as despicable as it is brazen. Tell Congress not to let Johnson & Johnson and other wealthy corporations receive a bankruptcy bailout through legal trickery, by passing the Nondebtor Release Prohibition Act of 2021 as soon as possible.