“It’s just very sad for them because I have conversations with them quite frequently saying, Please, please hang in there. I think eventually we’re going to get there, but you got to just be patient.’ And it’s really difficult to keep saying you have to be patient after 10 years,” Kelly Reardon of The Reardon Law Firm, counsel for three claimants in the talc cases against Johnson & Johnson, said.
Plaintiff attorneys are grappling with the fear of the rise of big companies utilizing bankruptcy court to skirt large final or anticipated judgments.
This phenomenon is called the “Texas Two-Step”, and it’s a concern for lawyers across the country, including Connecticut.
