You May be Entitled to Significant Compensation Talc bad. Johnson & Johnson powders were proven to contain asbestos (a cancer causing agent) and the company failed to notify users of the cancer risk. $2 BILLION has already been awarded to claims. Free To File! No Fees Unless A Settlement Is Awarded!

J&J’s proposed settlement for talc would provide $400 million to US state AGs. Talc Bad .

Johnson & Johnson (JNJ.N) has put aside $400 million to address U.S. state consumer protection actions as part of a broad $8.9 billion plan to settle claims that its Baby Powder and other talc-based ingredients cause cancer. Talc bad.

J&J company subsidiary LTL Management filed a bankruptcy plan in New Jersey late on Monday that details how the company plans to pay different kinds of cancer victims as part of an arrangement for bankruptcy. Talc bad. J&J has claimed that its products containing talc are safe and do not cause cancer. J&J is seeking another time to settle more than 38,000 lawsuits brought in bankruptcy, and to prevent any new cases from being filed in the future.
LTL’s bankruptcy plans would deposit $400 million to an additional trust to settle claims made from state attorney generals alleging that J&J violated state unfair business practices as well as consumer protection laws by misinforming consumers regarding the quality of its talc products.

Several states had begun consumer protection cases against J&J prior to the time that LTL’s bankruptcy filing prevented these investigations from taking place in 2021. Talc bad. New Mexico and Mississippi had already brought actions for damages against Johnson & Johnson before then as well as the states of Arizona, Maryland, North Carolina, Texas and Washington had issued civil investigative subpoenas or demands, according to LTL’s court documents.

New Mexico and Mississippi have decided to declare LTL’s bankruptcy unfinished in a joint move with cancer victims and The U.S. Justice Department’s bankruptcy watchdog. They have claimed that a lucrative company such as J&J is not eligible for bankruptcy protections meant for struggling debtors.
The first time LTL attempted to settle the bankruptcy lawsuits was dismissed following similar arguments. The U.S. appeals court ruled it was not LTL was not in “financial financial distress” and ineligible to receive bankruptcy relief. Talc bad. LTL had filed for bankruptcy again just over two hours after that dismissal, arguing that its second attempt was different in that it had less money and more support for the settlement.

New Mexico and Mississippi said in their motion to dismiss that LTL’s renewed bankruptcy violates the state’s law enforcement authority by seeking to unilaterally limit the liability of the company in state consumer protection laws.

Talc Bad

The filings of LTL’s latest bankruptcy proceedings also include additional details about how the company would evaluate and pay for cancer claims if the bankruptcy plan is approved.

The highest payments under the settlement would be $500,000 for those diagnosed with mesothelioma terminal prior to age 45, and $260,000 for those diagnosed with advanced ovarian cancer prior to age 45.

The proposed settlement provides discounts based on the type and severity of cancer, the patient’s age, the history of using talc and other factors. Talc bad. For example, a woman who used talc products weekly, had an ovarian cancer family history, cancer, and was diagnosed with Stage II cancer of the ovary at the age of 55 could be in line for a $21,125 payout under the settlement plan.

Judge orders J&J, talc opponents to take part in settlement talks.

After another round of hearings in Johnson &Johnson’s attempt to use a Texas Two-Step bankruptcy strategy to settle talc lawsuits and federal bankruptcy judge Michael Kaplan has ordered the company and those opposing the strategy to engage in talks to reach a settlement, Bloomberg reports.

The second time it attempted to file for bankruptcy for LTL Management, a subsidiary created by J&J to handle the claims company offered a settlement of $8.9 billion. Talc bad. While a firm representing plaintiffs support the deal, another group is against the settlement.

Earlier this week, the opposition group, called”The Official Committee of Talc Claimants in the bankruptcy court, demanded to disqualify the petition by asserting that LTL is not a factor in financial hardship.

“The filing is a desperate and legally ineffective attempt by a handful of law firms to try to stop claimants from deciding on the resolution plan, a plan the vast majority of claimants are in favor of,” J&J’s litigation chief Erik Haas, said in a statement. Talc bad. “The law firms who filed this filing have financial interests that clash with, differ from and oppose the interests that their customers. We’ll submit an appeal before the court of appeals.”

Talc bad. Clay Thompson, a lawyer for MRHFM, which is home to more than mesothelioma patients who have filed lawsuits against J&J claimed that J&J’s second bankruptcy attempt failed.

“J&J publishes press release describing how fantastic its plans are, but is insisting that the plan’s details, including what individual sick people would actually be treated to,” Thompson said in the statement. “What is J&J’s plan to keep secret?”

talcumpowdercancerlawsuit

Kaplan has instructed both sides to develop a new restructuring plan, with supervision by two mediators.

On February 20, 2022 Kaplan stated that J&J’s use of Chapter 11 to hasten a settlement that would relieve the company from the hundreds of thousands of claims related to its talcum-based products.

But in the month of January, an appeals court of the federal government overturned the ruling, ruling that the company was not able to be considered to be in “financial distress.”

In the event that J&J’s request to challenge the U.S. Supreme Court was turned down on April 1, J&J was granted a second petition for bankruptcy about two hours later. In response to that move, Kaplan froze the lawsuits for 60 calendar days to decide whether to grant the second bankruptcy.

J&J’s unstoppable profit engine sputters after $6.9B cost of litigation involving talc.

With the 2 Chapter 11 attempts, J&J has gotten 19 months of which cases were placed on hold. Talc bad. The company would like claimants to vote on accepting their settlement. J&J needs 75% acceptance for the deal to pass.

In addition to the gang of talc attorneys who have panned the bankruptcy of the company in the U.S. Trustee, the U.S. Trustee which is a division of the U.S. Department of Justice, also filed an application to dismiss LTL’s second bankruptcy.

In a letter filed this week, U.S. trustee Andrew R. Vara wrote that the doors of the bankruptcy court remain “open to honest, but naive debtors.” Those doors “are not open to parties that lack a legitimate bankruptcy objective or seek to take advantage of the bankruptcy process to hinder or delay their creditors,” Vara continued.

For its part, J&J maintains there is no definitive evidence to suggest that its Talc products, which includes its popular baby powder cause cancer. J&J has taken the products from the market and will first launch them for North America in 2020–and the rest of the world this year.

J&J wants to avoid the expense of going to trial. J&J has won most of the cases that were decided during trial, however, certain losses have been extremely severe.
A high-profile trial in Missouri resulted in a $4.7 billion judgment against the drug manufacturer that was later reduced to $2.1 billion after appeals.

Johnson & Johnson faces high-stakes hearing over ‘Texas Two Step’ talc strategy: report
Overall, J&J has lost nine talc trials that are either on appeal or have been settled. Of the 41 trials, 32 have ended in the favor of J&J either through a mistrial or plaintiff verdicts that were overturned after appeal. Talc bad. Additionally, the company in 2020 sought to settle more than 1000 cases for the sum of $100 million. Bloomberg reported at the time.

Talcum Baby Powder Ovarian Cancer Lawsuit – Talc Bad

Our lawyers are handling baby powder lawsuits across all 50 states. The talcum powder lawsuits for Johnson & Johnson have been going on for a long time. Talc bad. The lawsuits allege that prolonged use of talcum powder (or “talc”), the active ingredient in products like Shower to Shower Powder or Shower to Shower as well as other products, may cause cancer of the ovary in certain women.

This page offers an J&J Talc Power Update and provides an overview of how the upcoming bankruptcy ruling impacts the ultimate settlement amounts of these cases of ovarian cancer.

Has the deadline passed for you to file a talcum powder lawsuit? Many who believe the time limit has expired to sue Johnson & Johnson are wrong. Call us today at 800-553-8082 or request a no-cost and quick review of your case online.

Johnson and Johnson Talcum Powder Lawsuit Update 2023 – Talc Bad

June 2, 2023 Update: During the trial for asbestos-containing talc in California yesterday, technical issues disrupted the opening statement by the defense attorneys. Talc bad. Jurors from home on Zoom, did hear Johnson & Johnson’s lawyer expressing doubt about the science of the 70s asserting the presence of asbestos in their product, but the opening was abruptly ended.

Meanwhile, the plaintiff could present the first of their witnesses, Arthur Langer. Langer said that the presence of additional minerals along with the talc mineral is a given. He also testified that his team informed J&J in the year 1971 of the presence of chrysotile asbestos within the company’s talc, albeit in just 0.1 percent. He also uncovered more asbestos in 1976.

June 1st, 2023 Update Talc bad. This is the first court trial that has taken place since J&J made the decision to split its talc division and declare bankruptcy marks an important turning point for the ongoing litigation saga. The trial began on Tuesday in the poignant case of a young 24 year-old plaintiff, diagnosed with an aggressive and rare form of mesothelioma in the past year, which lawyers on both sides of the argument agree is a grave tragedy.

The opening statements exposed the sharp differences in the two sides’ narrative. The attorney representing the plaintiff aimed his ire on Johnson & Johnson, alleging the use of deceptive methods in their research practices as well as throughout the litigation process. According to the attorney, the company attempted to manipulate the definition of asbestos in spite of internal documents from 1978 and 1994 showing that asbestos fibers that were found in the tissue of the plaintiffs are included.

Johnson & Johnson’s uncertain $8.9 billion settlement proposal hangs in the balance with the development of the trial. Despite the particularity of this mesothelioma lawsuit and its unique challenges compared to other talcum powder lawsuits ruling in favor of the plaintiff could result in an enormous setback for J&J’s expectations of widespread acceptance of their proposed settlement among plaintiffs.

May 31 2023 Update: Johnson and Johnson’s bankrupt talc division vigorously defended their Second Chapter 11 filing in the in the face of challenges from the talc injury plaintiffs. In an objection submitted to the New Jersey bankruptcy court, the company argued that the situation differed fundamentally from the first filing. It emphasized the unprecedented commitment of $8.9 billion by J&J as the largest settlement ever in an bankruptcy case involving mass torts. Talc bad. There was no mention of how the amount of the settlement signifies that it’s an equitable settlement. J&J also claimed that it received support from various plaintiffs’ law firms that represent over the 60,000 plaintiffs. This is hard to verify but it’s likely to be false.

May 24 2023 Update: Following Johnson and Johnson’s bankruptcy filing in 2021 filing, the first trial on its cosmetic talc products that are believed to with asbestos content is scheduled to start jury selection on Monday in California at Alameda County Superior Court, which is a well-known jurisdiction for plaintiffs. The plaintiff asserts that his mesothelioma was triggered by asbestos exposure in J&J’s product which that the company is denying. The trial also includes six retailers who are accused of selling talc-based products.

May 22nd, 2023 Update: Lawyers involved in the second J&J Talc bankruptcy are currently in a dispute over who should be appointed to the role of the future claims representative, an important role important to resolving the talc claims. Talc bad. Randi Ellis, a lawyer who frequently appears in MDLs throughout the United States was appointed the claims representative in the first bankruptcy. J&J’s defense team would like Ellis to be appointed to this position again, but lawyers for the plaintiffs in talc are arguing due to the fact that Ellis has a conflict of interest which would prohibit her from holding that position once more. The issue stems from the reality that Ellis was apparently involved in drafting the hotly contested second bankruptcy, which raises concerns about her capability to remain neutral. In reality, this bankruptcy could be dismissed regardless.

May 17, 2023 Update The fake company J&J created to handle the bankruptcy of talc informed the New Jersey bankruptcy court that they have allocated $400 million to pay the allegations made by states who accuse J&J of misleading marketing regarding its talc products. Talc bad. It’s a $8.5 billion settlement for cancer victims. It’s difficult to envision an eventuality where J&J could push the settlements of baby powder through with these numbers. While J&J’s $8.5 billion offer may seem like a lot initially, it will not look great when you consider the math. The proposed settlement based on our rough calculations, would not pay victims much more than $100,000 per instance. It’s not enough.

May 15th, 2023 Update J&J is potentially facing a lawsuit brought by an advocacy group representing cancer patients. Talc bad. The group claims that J&J deliberately retracted the $61.5 billion fund-raising agreement with its subsidiary, LTL Management LLC, in order to create a false sense of financial distress and verify the unit’s Chapter 11 bankruptcy filing. The group claims that this move amounts to a fraudulent transfer of right to compensation for victims. They plan to explore J&J’s actions after the announcement of the dismissal of the LTL’s bankruptcy case in its first instance.

May 10, 2023 Update: Next week this week, this week the U.S. Bankruptcy Court in New Jersey will hear oral arguments on a motion to dismiss the second bankruptcy filing that was filed by J&J subsidiary LTL Management. However, in the meantime, this bankruptcy court has issued an Order requiring both sides to take part in a new settlement mediation with the hopes of achieving an international settlement agreement can be come to fruition.

May 5th, 2023 Update: The talc supplier Whittaker, Clark & Daniels filed for Chapter 11 bankruptcy due to several lawsuits alleging that its talc products cause cancer from asbestos exposure. Talc bad. Over 2,700 people have sued the company and it has been spending $1 million a month for legal defense. The company’s recent $29million verdict that was handed down in South Carolina forced it to seek bankruptcy protection, arguing for a fair distribution of assets between talc claimants rather than being seized from the receiver. Other suppliers of talc have declared bankruptcy because of litigation.

May 4, 2023 Update: U.S. Bankruptcy Judge Michael Kaplan has directed Johnson & Johnson to relaunch talks on settlement with lawyers who rebuffed the company’s proposed $8.9 billion settlement offer. The court in Trenton, New Jersey yesterday the parties appeared in court to discuss the next steps for the second bankruptcy case and Judge Kaplan encouraged further settlement talks.

This is the way to resolve these claims for J&J. A baby powder settlement can get done. Talc bad. However, it’ll require additional money – perhaps billions of dollars of Johnson & Johnson.

Lawyers have a split opinion on whether to accept the proposal and not every client sees the issue the same way their attorney does. This second case of bankruptcy is bound to fail, with Judge Kaplan has set a date for a hearing in June to determine if she will discharge the bankruptcy for the 2nd time.

May 3 2023 Update: A group of cancer victims who are suing Johnson & Johnson (J&J) demanded for they request that the Third Circuit halt the bankruptcy filed by J&J subsidiary LTL Management, claiming it is an attempt to derail litigation over talc products. The group representing claimants for talc submitted a motion on Tuesday asking to the Third Circuit to consider their case and send it back to a lower court with instructions for dismissing the bankruptcy. Talc bad. They also requested that the stoppage of tort litigation against J&J continue to proceed.
LTL has filed for Chapter 11 protection once again after its bankruptcy filing was rejected by the Third Circuit earlier this year which offered the possibility of an $8.9 billion deal. The committee says that the recent ruling allowing the second Chapter 11 to continue, as well as halting the trials against J&J and J&J, requires immediate Third Circuit review. The US Trustee requested an New Jersey bankruptcy court dismiss the LTL bankruptcy case. J&J’s worldwide vice president of litigation, Erik Haas, was quoted by Bloomberg as saying that J&J intends to file a reply to the appeals court calling the request a “desperate and legally deficient attempt” by a select group of law firms who have conflicting financial interests.
May 1 2023 Update: One frequently asked question is how plaintiffs and their lawyers turn around $8.9 billion. Of course, that is an immense amount of money. There are a lot of victims. Talc bad. And these are really good claims for plaintiffs. We were reminded recently in two talc trials which ended in large verdicts for plaintiffs. In February, a talcum powder mesothelioma trial in Oregon resulted in a verdict of $18.1 million. In the same month, a different mesothelioma-related talc case went to hearing on the other side of South Carolina and resulted in a verdict of $29 million for the plaintiff. In both instances, the defendant was Whittaker, Clark & Daniels Inc. one of the largest manufacturers of talc in U.S.
April 30 2023 Update: J&J initially tried to take the lawsuit over talcum powder into bankruptcy, they came with an offer to set aside $2 billion to settle the case. The amount was absurdly low. The talc plaintiffs had not believed in the proposal. This time, however, J&J has increased the offer to $8.9 If the talc plaintiffs agree to a bankruptcy settlement and they also have the support of a substantial portion of the talc plaintiffs and their attorneys. Talc bad. But with 75% of talc plaintiffs, which is needed for approval of the bankruptcy plan is a difficult road due to the sheer number of lawyers with large inventory of baby powder lawsuits that are opposed to the settlement.

What are the solutions to the impasse? More billions.
April 25, 2023 Update Talc patients have asked a judge to dismiss the Chapter 11 case filed by LTL Management LLC, a absurdly fabricated Johnson & Johnson subsidiary, which claims that the business is not financially distressed. LTL requested Chapter 11 to settle tens of thousands of claims that J&J’s baby products caused cancer. Talc bad. LTL was denied Chapter 11 in January. 3rd Circuit dismissed its first Chapter 11 case in January The court ruled that LTL was not eligible for bankruptcy relief as it had not demonstrated financial difficulties.

The claimants argue that LTL’s third Chapter 11 case is an overreach of the bankruptcy system and that it’s being pursued in bad faith. J&J claims the bankruptcy settlement is backed by “significant backing” from firms representing approximately 60,000 plaintiffs. It’s safe to say that the plaintiffs’ attorneys and victims ‘ lawyers are divided on what they believe is an $8.9 billion offer for settlement.

April 21, 2023 Update: A bankruptcy judge ruled in favor of Johnson & Johnson must face new lawsuits claiming that the company offered a baby powder with a contaminant that caused cancer. Even though trials for Talc lawsuits are suspended for at least 60 days but new lawsuits can be filed, and lawyers may begin to prepare their cases. Talc bad. Judges expressed doubt about J&J’s pathetic attempt to revive its plan with another bankruptcy case.

April 13 2023 update: the biggest announcement is an $8.9 billion over the course of 25 years offer for settlement. Lawyers representing cancer victims who are part of MDL class action MDL class action have promised to fight the settlement with Talc claimants. Why? They believe it’s not enough for 70 000 cancer patients. Talc bad. They argue that J&J should negotiate a bigger settlement or even litigate individual claims if the most recent bankruptcy is declared unconstitutional.

But there is another group of lawyers that is not part of the leadership of that class action. They have amassed many thousands of cases. This group wants to settle for what many argue is lower than what the victims should be paid. Their argument is twofold. The first is that they claim the settlement of around an average of $100,000 per plaintiff – is fair.

It’s a difficult argument to make. But their second argument has more substance: the victims will now not wait and they want their money now.

April 12 2023 Update: Some people are seeking out how J&J could file for bankruptcy once more. The answer is complex and complex. However, let’s attempt to explain it clearly.
Johnson & Johnson asserts that bankruptcy is the only way to settle both present and future talc-related lawsuits definitively. Also, it believes it can pay less when there is the bankruptcy element which applies pressure to settle. Talc bad. Moving past hundreds of years of American history, the company believes that bankruptcy is beneficial to all parties because it distributes settlements more fairly and effectively than trial courts, where some litigants receive significant awards while others receive nothing.

The essence of the 3rd Circuit decision was this is not a case of an enterprise that is profitable, forming an entity to assume the legal burden and declare bankruptcy, which is what Congress contemplated when drafting the Bankruptcy Code. However, it also stated that the entity was financially trouble because J&J promised unlimited funding.
Thus, J&J jumped on the funding unlimited part of the holding and didn’t promise that it would provide unlimited funds for cases. The company says that its revised financing arrangements with its subsidiary will address concerns of the appeals court while offering funds to pay claims. In the hope that offering victims less money would solve the overall issue.

Attorneys representing cancer victims who do not agree with the agreement counter the agreement with what is the legal argument. Talc bad. They counter with legal nonsense: J&J fraudulently transferred $50 billion in assets to LTL Management to circumvent the appeals court’s previous ruling. The hyperbole wasn’t spared: victims’ lawyers call this the biggest “fraudulent transaction that has occurred in United States history.”

Despite all the legal jargon, J&J does not really think this bankruptcy will survive. However, it’s a means of pushing this $8.9 billion settlement, and to keep pressure on plaintiffs.

April 10, 2023 update: Bloomberg is running an intriguing article on a new law of New Jersey that is shedding new light on the funding of litigation in the baby powder plaintiffs in the class action. Funders of litigation Virage Capital Management and TRGP Capital invested in hundreds of claims in the case of Johnson & Johnson (J&J) regarding talc products, in exchange for a portion of any settlements. J&J is now offering the payment of $8.9 billion to settle lawsuits.

The involvement of funders is made public due to the New Jersey court rule requiring the release of certain details about funders outside the state. The rules aim to tackle the growing demands for regulation of litigation funders. J&J has to deal with more than 60,000 lawsuits when you take into account federal and state baby powder lawsuits. Third-party funding of mass tort cases is not without its pros and pros and. But there is no question that we are seeing how third-party financing can help level the playing field between individual as well as large corporations in court.

April 4 2023 Update: It is pleasing to see the worm turn in this case. J&J took another hit this week, when they were denied by the Third Circuit denied J&J’s request to extend the automatic stay during the time that J&J appeals a bankruptcy ruling before the U.S. Supreme Court. The automatic stay has froze thousands of talcum cases and stopped any new lawsuits from getting filed ever since J&J launched the controversial attempt to spin the talc liability off into a bankrupt entity over a year in the past. Talc bad. When the 3rd Circuit ruled that this bankruptcy was not legal some months ago, the stay was lifted. J&J had hoped to have it remain in effect until hearing the SCOTUS appeal. However, the answer was no.
April 1, 2023 Update: Johnson & Johnson announced it will appeal its 3rd Circuit bankruptcy loss to the U.S. Supreme Court last week. The likelihood that is that the Supreme Court is willing even to accept the appeal? Low.
March 16th 2023 Update: With the bankruptcy stay now in effect, the first new cases were filed and incorporated into the talcum powder class action MDL in the space of a year. Seven new talc-related lawsuits were included in the MDL during the month of March and brought the total number of cases that are pending to 37,522.

February 25 2023 Update: A Congressmen from Tennessee has now demanded that authorities from the U.S. Government Accountability Office (GAO) start an investigation into the cost J&J talc products have cost the government in the decades.
A recent email to the GAO, Rep. Steven Cohen (D-Ten.) accused J&J of failing to recognize the dangers of its talc products for long while tax dollars spent on treating people who suffered injuries from exposure to the products. The lawsuit comes just a few weeks following J&J’s dramatic loss in the 3rd Circuit Court of Appeals.

Talc bad. J&J has to begin making fair settlement offers to victims, in order the process of putting all this behind. This is a disgrace to one of the top companies.

February 14 , 2023 Update: At a hearing today at the hearing in New Jersey, U.S. Bankruptcy Judge Michael Kaplan announced his intention in light of the third U.S. Circuit Court of Appeals ruling to dismiss the bankruptcy case.