You May be Entitled to Significant Compensation Gold bond no talc powder. 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 with talc would be worth $400 million to US state AGs. Gold Bond No Talc Powder .
Johnson & Johnson (JNJ.N) has set aside $400 million to settle U.S. state consumer protection actions as part of its broad $8.9 billion effort to settle allegations that it’s Baby Powder as well as other talc items cause cancer. Gold bond no talc powder.
J&J subsidiary LTL Management filed a bankruptcy plan in New Jersey late on Monday which outlines how the company intends to pay different types of cancer victims in bankruptcy settlement. Gold bond no talc powder. J&J has claimed that its products containing talc are safe and will not cause cancer. J&J is seeking a second time to resolve more than 38,000 cases in bankruptcy, as well as prevent new lawsuits from arising in the near future.
LTL’s bankruptcy plans would deposit $400 million to an additional trust to settle lawsuits filed by state attorneys general alleging that J&J had violated state unfair business practices and consumer protection laws, by deceiving consumers about the quality of its talc products.
Some states had started consumer protection lawsuits against J&J prior to LTL’s bankruptcy filing stopped these investigations from progressing in 2021. Gold bond no talc powder. New Mexico and Mississippi had already launched suit for damages against Johnson & Johnson before then, and the states of Arizona, Maryland, North Carolina, Texas and Washington had issued civil investigative requests or subpoenas in LTL’s court filings.
New Mexico and Mississippi have decided to declare LTL’s bankruptcy unfinished along with cancer sufferers and those affected by cancer and the U.S. Justice Department’s watchdog on bankruptcy, who have claimed that a lucrative company such as J&J does not qualify for bankruptcy protections aimed at struggling debtors.
The first attempt by LTL to resolve the bankruptcy cases was rejected after the same arguments, when a U.S. appellate court ruled in favor of LTL wasn’t in “financial distress” and thus not eligible for bankruptcy protection. Gold bond no talc powder. LTL declared bankruptcy a second time just over two hours after the dismissal, saying that the second bankruptcy was different in that there was less money available and had more support for a settlement.
New Mexico and Mississippi said in their motion to dismiss that LTL’s latest bankruptcy violation of state law enforcement powers in attempting to unilaterally limit LTL’s liability to state consumer protection measures.
Gold Bond No Talc Powder
The filings of LTL’s latest bankruptcy proceedings also include additional details about how the company plans to evaluate and pay for cancer claims in the event that the bankruptcy plan is approved.
The maximum amount under the settlement will be $500,000 for patients diagnosed with cancer of the mesothelioma ovary before age 45. Gold bond no talc powder. The second payment would be $260,000 for those diagnosed with terminal ovarian cancer before age 45.
The proposed settlement will offer discounts based on the severity and type of the cancer, the person’s age, the history of usage of talc and other variables. Gold bond no talc powder. For example someone who regularly used the talc product on a regular basis, had an ancestral history of ovarian cancer and was diagnosed with an ovarian cancer stage II by age 55 may be eligible to receive a payout of $21,125 under the plan.
Judge gives order to J&J, talc opponents to discuss settlement negotiations.
Following another hearing in Johnson and Johnson’s efforts to utilize a Texas Two-Step bankruptcy strategy to resolve talc litigation and federal bankruptcy judge Michael Kaplan has ordered the company and those opposed to the strategy to engage in talks to reach a settlement, Bloomberg reports.
In its second bankruptcy effort for LTL Management, a subsidiary set up by J&J to handle the claims company offered a settlement amounting to $8.9 billion. Gold bond no talc powder. While a group of law firms representing plaintiffs supports the deal, another group opposes the deal.
This week, the opposition group, which is known as the Official Committee of Talc Claimants in the bankruptcy court, demanded for dismissal of the matter asserting that LTL cannot be regarded as in financial hardship.
“The filing is an unjust and legally flawed attempt by a tiny number of law firms to block claimants from voting on the resolution plan, a plan the vast majority of claimants are in favor of,” J&J’s litigation chief Erik Haas, said in an announcement. Gold bond no talc powder. “The law firms that are behind their filing are financially oriented and have conflicts that are in conflict with, differ from and oppose the interests they represent. We’ll be submitting an appeal to the appellate court.”
Gold bond no talc powder. Clay Thompson, a lawyer for MRHFM who includes more than patients with mesothelioma who have sued J&J and J&J, has said that J&J’s second bankruptcy attempt failed.
“J&J publishes press release that boast about how amazing its plan is, while insisting that the plan’s details, including what individuals with illnesses would receive,” Thompson said in an announcement. “What do J&J have to hide?”
Kaplan has commanded the parties to come up with another restructuring plan, with the oversight of two mediators.
In February 2022, Kaplan affirmed the ability of J&J’s use of Chapter 11 to hasten a settlement that would relieve the company from the thousands of lawsuits related to its talcum-based products.
But in January of this year, a federal appeals court ruled against the verdict, ruling that the firm could not be considered to be in “financial distress.”
After J&J’s contest the U.S. Supreme Court was dismissed in April, J&J applied for its first bankruptcy just two hours after. In response, Kaplan froze the lawsuits for 60 calendar days to decide whether or not to approve the second bankruptcy.
J&J’s omnipotent profit engine fails after $6.9B talc litigation charge.
With two Chapter 11 attempts, J&J has been able to buy 19 months in which the cases were suspended. Gold bond no talc powder. The company is requesting that claimants vote on accepting their settlement. J&J needs 75% approval for the settlement to be approved.
In addition to the team of talc attorneys who have panned the bankruptcy of the company, the U.S. Trustee which is a division that is part of the U.S. Department of Justice has also filed an application to dismiss LTL’s second bankruptcy case.
In a statement this week, U.S. trustee Andrew R. Vara wrote that the doors of bankruptcy courts are “open to honest, but naive debtors.” Those doors “are not available to anyone that lack a legitimate bankruptcy objective or seek to take advantage of the bankruptcy process to delay or hinder their creditors,” Vara continued.
To its credit, J&J maintains there is no evidence conclusive that its products containing talc, such as its popular baby powder can cause cancer. J&J has been taking the products of the market, first to be available in North America in 2020–and the rest of the world later this year.
J&J seeks to avoid the costly business of going to court. The company has won most of the cases that were decided in court, however certain losses have been extremely punitive.
A highly publicized trial in Missouri led to a $4.7 billion judgment against the drug manufacturer and was later lowered to $2.1 billion following appeals.
Johnson & Johnson faces high-stakes hearing over ‘Texas Two Step’ talc strategy: report
Overall, J&J has lost nine trial involving talc that are on appeal or have been decided. In 41 trials 32 have resulted in the favor of J&J either through a mistrial or plaintiff verdicts that were annulled on appeal. Gold bond no talc powder. Additionally, the company in 2020 moved to settle nearly 1,000 cases for $100 million, Bloomberg stated at the time.
Talcum Baby Powder Ovarian Cancer Lawsuit – Gold Bond No Talc Powder
Our lawyers are handling the baby powder litigation in all 50 states. The lawsuits involving talcum powder in the case of Johnson & Johnson have been going on for a long time. Gold bond no talc powder. The lawsuits contend that the prolonged use of the powder (or “talc”), the active ingredient in many products, including Baby Powder as well as Shower to Shower as well as other products, may cause ovarian cancer in certain women.
This page gives an J&J Talc Power litigation update and examines how the coming bankruptcy ruling impacts the ultimate settlement amounts of the cases of ovarian cancer.
Is the deadline for you to bring a talcum lawsuit? Many who assume the statute of limitations has run out to sue Johnson & Johnson are wrong. Call us today at 800-553-8082 or request a free and quick case review online.
Johnson and Johnson Talcum Powder Lawsuit Update 2023 – Gold Bond No Talc Powder
June 2, 2023 Update: During an asbestos talc court trial held at the trial in California yesterday, some technical issues interrupted the opening statement by the defense lawyers. Gold bond no talc powder. Jurors who were watching at home via Zoom and hearing the Johnson &Johnson’s lawyer express doubt about the 70s research that claimed asbestos was present in their product prior to the proceedings abruptly ended.
The plaintiff had the opportunity to introduce its first expert witness Arthur Langer. Langer stated that the presence of additional minerals along with talc is inevitable. He said that his team was notified by J&J in the year 1971 of the presence of asbestos chrysotile in the company’s talc, albeit at less than 0.1 percent. He also discovered more asbestos in 1976.
June 1st, 2023 Update: Gold bond no talc powder. A trial for the first time since J&J has decided to separate its Talc division and declare bankruptcy is an important moment within the ongoing litigation story. Trial started on Monday in the heartbreaking case of a young 24-year-old plaintiff, diagnosed with an aggressive and rare form of mesothelioma last year, which lawyers on both sides believe is a tragedy of a different kind.
Opening statements revealed stark differences in each side’s narrative. The attorney representing the plaintiff aimed his ire against Johnson & Johnson, alleging the use of deceitful strategies in its research practices as well as throughout the litigation process. The attorney claims that, according to, the company attempted to manipulate the definition of asbestos despite internal documents from 1998 and 1994 that show fibers discovered in the tissue of the plaintiffs are included.
Johnson & Johnson’s uncertain $8.9 billion settlement deal hangs in the balance as we development of the trial. Despite the distinct nature of this mesothelioma case and the unique issues it faces compared to other talcum powder lawsuits, a verdict favoring the plaintiff could result in an enormous setback for J&J’s hopes for broad acceptance of the settlement they have proposed among plaintiffs.
May 31, 2023 Update: Johnson & Johnson’s bankrupt talc division strongly defended the two-time Chapter 11 filing in the facing challenges from talc injury claimants. In an objection submitted to the New Jersey bankruptcy court, the company argued that the filing differed fundamentally from the first filing. The subsidiary emphasized the record-breaking commitment to $8.9 billion by J&J as the biggest settlement ever to be made in the history of a mass tort bankruptcy. Gold bond no talc powder. Not mentioned: how the size of the settlement indicates that it is an equitable settlement. J&J also claimed that it received support from several plaintiffs’ legal firms representing more than 60,000 claimants. This is not easy to confirm but is probably incorrect.
May 24 2023 Update: Following Johnson & Johnson’s bankruptcy in 2021 filing, the first trial on its cosmetic talc products that are believed to containing asbestos is set to start jury selection on Monday, May 24, California in Alameda County Superior Court, the most favored place for plaintiffs. The plaintiff claims that his mesothelioma resulted from asbestos exposure through J&J’s products, an allegation the company denies. The trial also includes six retailers who are accused of selling talc-containing products.
May 22nd, 2023 Update: Lawyers involved in the second J&J Talc bankruptcy are currently disputing who should be appointed to the role of future claims representative. This is which is vitally essential in resolving the claims involving talc. Gold bond no talc powder. Randi Ellis, a lawyer who frequently appears in MDLs across the country was appointed as the claims representative in the first bankruptcy. J&J’s defense group wants Ellis to be named to the position in the future, however lawyers representing the talc plaintiffs have raised objections on the grounds that Ellis has a conflict of interest which should stop her from being appointed to that post for the second time. The issue stems from the reality that Ellis was apparently involved in the drafting of the highly litigated second bankruptcy, raising doubts about her ability to be neutral. The reality is this bankruptcy is likely to get dismissed anyway.
May 17th, 2023 Update: The fake company J&J formed for the talc bankruptcy has informed the New Jersey bankruptcy court that they had allocated $400 million to settle claims of states that accuse the company of deceptive advertising for its talc products. Gold bond no talc powder. So that makes it an $8.5 billion settlement for cancer patients. It’s difficult to imagine the scenario in which J&J can push the baby powder settlements at these numbers. While J&J’s $8.5 billion offer might seem like a large sum initially, it does not appear appealing when you look at the numbers. This settlement offer based on our rough calculations – would not provide victims with much more than an average settlement $100,000 per case. This isn’t enough.
May 15, 2023 Update: J&J is potentially facing a lawsuit from an advocacy group that represents cancer victims. Gold bond no talc powder. The group claims that J&J intentionally withdrew a $61.5 billion financing agreement that it had with its company subsidiary LTL Management LLC, to simulate financial distress and to validate the company’s Chapter 11 bankruptcy filing. The group asserts this action could be interpreted as a fraudulent transfer of right to compensation for victims. They are planning to study J&J’s actions in the wake of the denial of LTL’s first bankruptcy suit.
May 10, 2023 Update: Next week next week, it is expected that the U.S. Bankruptcy Court in New Jersey will hear oral arguments in a motion dismiss the second bankruptcy petition filed that was filed by J&J company LTL Management. In the meantime, it has approved an order that requires both parties to participate in a second settlement mediation hoping that it will be possible to reach a global settlement agreement been reached.
May 5, 2023 Update: Talc producer Whittaker, Clark & Daniels filed for Chapter 11 bankruptcy due to numerous lawsuits alleging that its Talc products caused cancer from asbestos exposure. Gold bond no talc powder. Over 2,700 individuals have sued the company, and it was spending $1 million a month for legal defense. The company’s most recent $29 million settlement that was handed down in South Carolina forced it to file for bankruptcy protection, arguing for an equitable distribution of assets to talc claimants, rather than being confiscated in the hands of the receiver. Other suppliers of talc have been forced to file for bankruptcy as a result of the litigation.
May 4, 2023 Update: U.S. Bankruptcy Judge Michael Kaplan has directed Johnson & Johnson to restart talks with lawyers who rebuffed the company’s $8.9 billion deal. At Trenton, New Jersey yesterday the parties appeared in court to discuss the next steps in another bankruptcy proceeding. Judge Kaplan pushed more settlement talks.
This is the solution to settle these claims for J&J. A baby powder settlement could be completed. Gold bond no talc powder. However, it will require more money – more billions of dollars coming from Johnson & Johnson.
Lawyers are divided over whether to accept the proposal and not all clients see the situation the same way their lawyer sees it. The second bankruptcy case is expected to be a failure and Judge Kaplan has scheduled a hearing in June to determine if she will remove the bankruptcy after the second.
May 3, 2023 Update: A group of cancer victims who are suing Johnson & Johnson (J&J) demanded for the Third Circuit halt the bankruptcy filed by J&J subsidiary LTL Management, claiming it is an attempt to halt litigation over talc products. The group of talc claimants filed a motion on Tuesday requesting for the Third Circuit to consider their case and send it back an earlier court with instructions to discharge the bankruptcy. Gold bond no talc powder. They also requested that the halted tort litigation against J&J allow the litigation to proceed.
LTL requested Chapter 11 protection once again following its bankruptcy filing that was rejected by the Third Circuit earlier this year and offered a $8.9 billion agreement. The committee says that the recent ruling which allowed the second Chapter 11 to continue, in addition to halting trials against J&J and J&J, requires the immediate Third Circuit review. The US Trustee requested be the New Jersey bankruptcy court dismiss the LTL bankruptcy case. J&J’s vice president for global litigation Erik Haas, was quoted by Bloomberg saying that J&J plans to file a formal response in the appeals court, characterizing the filing as an “desperate and legally insufficient attempt” by a small number of law firms that have conflicting financial interests.
May 1st, 2023 Update: One question people keep asking is how could the plaintiffs’ lawyers and their clients turn off $8.9 billion. Of course, that’s quite a sum. But there are plenty of victims. Gold bond no talc powder. These are actually a good arguments for plaintiffs. We were reminded of this recently with two talc trials led to huge verdicts for the plaintiffs. In February the mesothelioma case involving talcum powder trial in Oregon ended in the verdict of $18.1 million. A month later, another mesothelioma-related talc case went to the court on the other side of South Carolina and resulted in an award of $29 million for the plaintiff. Both cases were defended by Whittaker, Clark & Daniels Inc. One of the largest suppliers of talc in the U.S.
April 30th 2023 Update: In the year 2023, when J&J first tried to bring the talcum powder lawsuit into bankruptcy, it did so with the option of putting aside $2 billion for settlements. The sum was ridiculously low. The talc plaintiffs had not were in favor of the proposal. This time around, however, J&J has increased the offer to $8.9 for talc-related plaintiffs if they accept a bankruptcy settlement and also has the backing of a significant segment of the talc plaintiffs as well as their lawyers. Gold bond no talc powder. But with 75% of plaintiffs in the talc category, which is necessary for bankruptcy plan approval is not an easy task since there are so many lawyers with huge inventory of baby powder litigations opposed to the settlement.
What can be done to end the impasse? More billions.
April 25, 2023, Update Talc plaintiffs have requested a judge to reject their Chapter 11 case filed by LTL Management LLC, a absurdly fabricated Johnson & Johnson subsidiary, which claims that the business is not financially strained. LTL filed for Chapter 11 to settle tens of thousands of claims that J&J’s baby powders caused cancer. Gold bond no talc powder. The 3rd Circuit dismissed its first Chapter 11 case in January and said that the company was not eligible to receive bankruptcy relief because it was unable to demonstrate financial trouble.
The claimants assert that LTL’s Second Chapter 11 case is an abuse of the bankruptcy system and the case is being handled in bad good faith. J&J claims the bankruptcy settlement has “significant backing” from firms representing approximately 60,000 claimants. It’s fair to say plaintiffs’ lawyers and victims are divided over what they believe is an $8.9 billion offer for settlement.
April 21st, 2023 Update: A bankruptcy judge has decided in favor of Johnson & Johnson must face new lawsuits claiming that the company sold baby powder that was contaminated and causing cancer. Even though trials for the lawsuits involving talc are delayed for a minimum period of 60 days however, new lawsuits may be filed, and lawyers may begin to prepare their cases. Gold bond no talc powder. Judges expressed skepticism about J&J’s attempt to relaunch its strategy in the second bankruptcy case.
April 13th, 2023: Update on the most important announcement is an $8.9 billion over the course of 25 years offer for settlement. Lawyers representing cancer victims who are part of the MDL group action pledged to fight the settlement with Talc claimants. Why? They argue that it’s too little money for the those suffering from cancer who are 70,000. Gold bond no talc powder. The lawyers say that J&J should negotiate a larger settlement or even litigate individual claims if the latest bankruptcy is thrown out.
However, there is a second group of lawyers that is not part of the leadership of this class action. These lawyers have amassed hundreds of thousands of cases. The group is seeking to settle the case now for what is believed to be less than these victims deserve. Their argument is twofold. The first is that they claim the settlement of around the equivalent of $100,000 per plaintiff – is fair.
That is a hard argument to argue. But their second argument has more substance: the victims will not afford to wait any longer and need their money today.
April 12, 2023 Update: People are asking how J&J can go through bankruptcy once more. The answer is complicated and convoluted. Let’s try to clarify it simply.
Johnson & Johnson asserts that bankruptcy is the only option to settle both present and future talc litigations in a definitive manner. In other words, it believes it can pay less in the event of an element of bankruptcy that puts pressure for a settlement. Gold bond no talc powder. Driving past the 400-year span of American past, the company believes that bankruptcy is beneficial to all parties as it distributes settlement payments more evenly and efficiently than trial courts, where litigants are awarded significant awards while others receive nothing.
The basic tenet of this 3rd Circuit decision was this is not a matter of a profitable company making a subsidiary to take the legal liability and declare bankruptcy, which is what Congress considered when it was drafting the Bankruptcy Code. It also clarified the company was in financial distress due to the fact that J&J assured it of unlimited funding.
So J&J decided to go with the funding unlimited part of the contract but did not pledge to fund unlimited litigation. The company says that its updated financing arrangements with its subsidiary addresses the appeals court’s concerns while still offering claim payment funds. In the hope that offering victims lesser money could solve the underlying issue.
Attorneys representing cancer victims who are against the agreement argue this argument by saying that it is the legal argument. Gold bond no talc powder. They counter with legal nonsense: J&J fraudulently transferred $50 billion in assets away from LTL Management to circumvent the appeals court’s decision. Hyperbole was not spared the lawyers representing victims call it the most significant “fraudulent deal that has occurred in United States history.”
In spite of the legal jargon, J&J does not really think this bankruptcy will survive. But it is a way to push for this $8.9 billion settlement to keep pressure on plaintiffs.
April 10 2023, Update Bloomberg offers an informative article on a new law of New Jersey that is shedding new light on litigation funding in the plaintiffs in the class action. Funders of litigation Virage Capital Management and TRGP Capital invested in hundreds of claims from Johnson & Johnson (J&J) on behalf of talc products. They exchanged in exchange for a portion of wins. J&J is now offering that it will pay $8.9 billion to settle all lawsuits.
The funders’ involvement is made public because of the New Jersey court rule requiring the release of certain details about outside funding backers. The rules aim to address the growing calls for regulation of the litigation funders. J&J faces over 60,000 claims when you include federal and state infant powder litigation. Third-party funding in mass tort claims has both pros and pros and. There is no doubt that we are seeing the ways that third-party funding can even the playing field between individual and big corporations in the courtroom.
April 4, 2023 Update: It’s enjoyable to see the worm turn in this legal battle. J&J suffered another setback this week, when they were denied by the Third Circuit denied J&J’s request to extend the automatic stay while J&J appeals an appeal at the U.S. Supreme Court. It has frozen the cases of talcum powder in a number of years and prevented the filing of new lawsuits ever since J&J started the controversial process to spin talc-related liabilities into a bankrupt company over a year in the past. Gold bond no talc powder. After it was decided that the 3rd Circuit ruled that this bankruptcy was insufficient some months ago, the stay was lifted. J&J was hoping to have it remain in effect until an appeal to 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 odds that the Supreme Court is willing even to accept the appeal? Low.
March 16, 2023 Update: with the bankruptcy stay having been fully lifted, the first new cases have been filed and transferred into the class action for talcum powder MDL in just over a year. Seven new talc lawsuits were joined to the MDL over the last month, bringing the total number of cases that are pending to 37,522.
February 25, 2023 Update This morning, a Congressmen from Tennessee has now demanded that the U.S. Government Accountability Office (GAO) start an investigation into how much J&J talc products have cost the government over the decades.
in a letter addressed to the GAO, Rep. Steven Cohen (D-Ten.) claimed that J&J of failing to recognize the dangers of its talc-based 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 after J&J’s major loss in the 3rd Circuit Court of Appeals.
Gold bond no talc powder. J&J has to begin making reasonable settlement proposals to victims, in order to put all of this behind it. This is a disgrace to one of the most prestigious companies.
February 14 , 2023 Update: At an appearance today in New Jersey, U.S. Bankruptcy Judge Michael Kaplan announced his intention to follow the 3rd U.S. Circuit Court of Appeals ruling to dismiss the bankruptcy case.
You May be Entitled to Significant Compensation Gold bond no talc powder. 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!