Avon Files for Bankruptcy to Address Talc Lawsuits

Court: U.S. Bankruptcy Court for the District of Delaware – Avon Products Inc., a U.S.-based “non-operational” holding company, announced Monday that it is seeking Chapter 11 bankruptcy protection to “address its debt and legacy talc liabilities.” In recent years, hundreds of talc lawsuits have been filed against Avon….
By: Goldberg Segalla