---
schema_version: "secwatch.filing_event.v1"
accession: "0000200406-23-000037"
form_type: "8-K"
ticker: "JNJ"
cik: "0000200406"
company_name: "JOHNSON & JOHNSON"
filed_at: "2023-04-04T23:59:59+00:00"
generated_at: "2026-06-17T06:40:03.043817+00:00"
event_type: "litigation"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# J&J subsidiary LTL re-files Chapter 11; J&J commits $8.9B to resolve talc claims

## Summary
- LTL re-filed for Chapter 11 bankruptcy to resolve all cosmetic talc claims against J&J in North America.
- J&J agreed to contribute up to $8.9 billion present value ($12 billion nominal) over 25 years.
- J&J records a Q1 2023 charge of $6.9 billion, above the $2 billion committed in the October 2021 filing.
- Over 60,000 current claimants support the reorganization plan, which does not involve J&J itself filing for bankruptcy.

## SEC filing metadata
- accession: 0000200406-23-000037
- form_type: 8-K
- ticker: JNJ
- cik: 0000200406
- company_name: JOHNSON & JOHNSON
- filed_at: 2023-04-04T23:59:59+00:00
- event_type: litigation
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/200406/000020040623000037/0000200406-23-000037-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/200406/000020040623000037/jnj-20230404.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000200406-23-000037
- JSON: https://secwatch.observer/filing/0000200406-23-000037.json
- Plain text: https://secwatch.observer/filing/0000200406-23-000037.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.