You May be Entitled to Significant Compensation Why is talc bad for your hair. 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 talc settlement will pay the sum of $400 million US state AGs. Why Is Talc Bad For Your Hair .
Johnson & Johnson (JNJ.N) has set the amount of $400 million for resolving U.S. state consumer protection actions as part of a wider $8.9 billion plan to settle claims that its Baby Powder as well as other talc products cause cancer. Why is talc bad for your hair.
J&J subsidiaries LTL Management filed a bankruptcy plan in New Jersey late on Monday that details how the company intends to pay for different types of cancer victims as part of the bankruptcy settlement. Why is talc bad for your hair. J&J has said that its products containing talc are safe and won’t cause cancer. It is attempting for an additional time to conclude more than 38,000 lawsuits in bankruptcy and stop new cases from being filed in the near future.
LTL’s bankruptcy plan will pay $400 million into an additional trust to settle claims made with state attorneys general alleging that J&J did not comply with the state’s unfair commercial practices and consumer protection laws, by deceiving consumers about the quality of its talc products.
A number of states had already initiated consumer protection measures against J&J prior to the first bankruptcy filing prevented these investigations from proceeding in 2021. Why is talc bad for your hair. New Mexico and Mississippi had already initiated lawsuits against Johnson & Johnson before then, and the states of Arizona, Maryland, North Carolina, Texas and Washington had issued civil investigative demands or subpoenas according to court papers.
New Mexico and Mississippi have moved to dismiss LTL’s bankruptcy in a joint move with cancer victims and their counterparts from the U.S. Justice Department’s bankruptcy watchdog. They have argued that a successful business like J&J can’t benefit from bankruptcy protections meant for people with debt problems.
The company’s initial attempt to resolve the bankruptcy-related lawsuits was dismissed after similar arguments, when a U.S. appeals court decided in favor of LTL was not in “financial distress” and ineligible of bankruptcy protection. Why is talc bad for your hair. LTL made a new bankruptcy application within two hours of that dismissal, arguing that the second bankruptcy was different due to the fact that it had less money and had a greater chance of securing an agreement.
New Mexico and Mississippi said in their motion to dismiss LTL’s latest bankruptcy violation of state law enforcement powers by attempting unilaterally to cap the company’s liability for state consumer protection laws.
Why Is Talc Bad For Your Hair
LTL’s recent filings also provided additional details about how the company would assess 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 people diagnosed with cancer of the mesothelioma ovary before age 45 and $260,000 for those diagnosed with advanced ovarian cancer prior to age 45.
From there, the proposed settlement applies discounts depending on the kind and severity of cancer, an individual’s age, history of the use of talc, and other aspects. Why is talc bad for your hair. For example the case of a woman who used the talc product on a regular basis, had an ovarian cancer family history, cancer and was diagnosed Stage II cancer of the ovary by age 55 may be eligible for a $21,125 payout under the plan.
Judge orders J&J and talc opponents take part in settlement talks.
After another round of hearings in Johnson & Johnson’s attempt to utilize a Texas Two-Step bankruptcy strategy to resolve talc litigation, federal bankruptcy Judge Michael Kaplan has ordered the firm and the people who opposed the plan to enter into negotiations to settle the matter, Bloomberg reports.
With its second bankruptcy bid for LTL Management, a subsidiary created by J&J to hold the claims–the company proposed a settlement of $8.9 billion. Why is talc bad for your hair. While one group of law firms representing plaintiffs is in favor of the offer, another group opposes the move.
In the last week, an opposition group, dubbed”the Official Committee of Talc Claimants in the bankruptcy court, demanded to dismiss the case saying that LTL can not be considered financially distressed.
“The filing is an incredibly legal and ineffective attempt by a few of law firms to stop claimants from deciding on the resolution plan – a plan the vast and growing majority of claimants are in favor of,” J&J’s litigation chief Erik Haas, said in an announcement. Why is talc bad for your hair. “The law firms involved in these filings have interests in finance that are in conflict with, diverge from and are in opposition to the interests they represent. We’ll be submitting an appeal before the court of appeals.”
Why is talc bad for your hair. Clay Thompson, a lawyer for MRHFM which boasts more than mesothelioma victims who have filed lawsuits against J&J, said that J&J’s second bankruptcy attempt failed.
“J&J sends out press releases about how great its plan is while simultaneously insisting that the details of its plan–including the treatment individuals with illnesses would be treated to,” Thompson said in the statement. “What does the company have to hide?”
Kaplan has directed the parties to devise a second strategy for reorganization, under the oversight by two mediators.
The court in February of 2022 Kaplan stated that J&J’s use of Chapter 11 to hasten a settlement that will free the company from the tens of thousands of claims related to its talcum-based products.
In the month of January, a federal appeals court ruled against the verdict, ruling that the company was not able to be considered in “financial financial distress.”
After J&J’s make an appeal before the U.S. Supreme Court was turned down on April 1, J&J was granted a second petition for bankruptcy roughly two hours later. In response to that move, Kaplan froze the lawsuits for 60 days to decide whether to allow another bankruptcy.
J&J’s unstoppable profit engine sputters after $6.9B settlement charge for talc.
With Two Chapter 11 attempts, J&J has purchased 19 months of which cases were placed held. Why is talc bad for your hair. The company wants claimants to accept their settlement. J&J would need 75% support for the deal to go through.
In addition to the gang of talc lawyers that criticized the company’s bankruptcy play as well, the U.S. Trustee, an arm belonging to the U.S. Department of Justice has also filed motions to dismiss LTL’s second bankruptcy.
In a filing this week, U.S. Trustee Andrew R. Vara wrote that the the bankruptcy court are “open to honest, but naive debtors.” The doors “are not open to any parties that don’t have a legitimate bankruptcy purpose or that seek to abuse the bankruptcy process to delay or hinder their creditors,” Vara continued.
To its credit, J&J maintains there is no conclusive evidence that its products containing talc, such as its iconic baby powder, can cause cancer. J&J has adopted the products of the market–first for North America in 2020–and the rest of the world this year.
J&J intends to steer clear of the cost of going to trial. It has prevailed in the majority of the cases that were decided at trial, but certain losses have been extremely severe.
A highly-publicized trial in Missouri produced an $4.7 billion verdict against the drug maker 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 cases in talc which are appealing or decided. Of the 41 trials, 32 of them ended in a win by J&J as well as mistrials or plaintiff verdicts that were annulled upon appeal. Why is talc bad for your hair. In addition, J&J has announced plans to settle over 1,000 cases for the sum of $100 million. Bloomberg stated at the time.
Talcum Baby Powder Ovarian Cancer Lawsuit – Why Is Talc Bad For Your Hair
Our lawyers are handling the baby powder litigation in all 50 states. The lawsuits involving talcum powder on behalf of Johnson & Johnson have been going on for a long time. Why is talc bad for your hair. The lawsuits assert that long-term use of the powder (or “talc”), the active ingredient in products such as baby Powder and Shower to Shower which can cause cancer of the ovary in certain women.
This page offers an J&J Talc Power Update and examines how the coming bankruptcy ruling impacts the ultimate settlement amount in these Ovarian Cancer lawsuits.
Has the deadline passed for you to file a talcum powder lawsuit? Many people who think the statute of limitations has passed 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 – Why Is Talc Bad For Your Hair
June 2 2023 Update: During the asbestos talc trial at the trial in California yesterday, a couple of technical issues halted the opening statement by the defense lawyers. Why is talc bad for your hair. The jurors, attending from their homes via Zoom, did hear Johnson & Johnson’s lawyer voice his doubt about the science of the 70s that claimed asbestos was present in their product before the session abruptly ended.
The plaintiff was able to present their first witness, Arthur Langer. Langer explained that the existence of additional minerals along with talc is inevitable. He claimed that his group informed J&J in 1971 about the presence of chrysotile asbestos the talc of the company, but with just 0.1 percent. He also found more asbestos in 1976.
June 1, 2023 Update: Why is talc bad for your hair. The first trial since J&J has decided to separate its talc segment and file for bankruptcy marks an important moment in the ongoing talc lawsuit story. Trial started on Monday in the heartbreaking case of a young, 24-year-old plaintiff who was diagnosed with a rare and aggressive form of mesothelioma last year, a diagnosis lawyers on both sides agree is a grave tragedy.
The opening statements exposed the stark differences in each side’s story. The attorney representing the plaintiff took aim on Johnson & Johnson, alleging that the company employed deceitful strategies in its research practices as well as throughout the litigation process. The attorney claims that, according to Johnson & Johnson tried to alter the definition of asbestos, despite internal documents dating back to between 1978 and 1994 that showed asbestos fibers found in tissue of the plaintiffs are included.
Johnson & Johnson’s uncertain $8.9 billion settlement offer hangs in the balance with the progression of this trial. Despite the distinct nature of this mesothelioma case and its distinct issues compared to the majority of talcum powder lawsuits ruling in favor of the plaintiff could cause a serious setback to J&J’s expectations of widespread acceptance of their settlement proposal among plaintiffs.
May 31st, 2023 Update: Johnson & Johnson’s bankrupted talc unit has vigorously defended their 2nd Chapter 11 filing in the face of challenges from the talc injury plaintiffs. In an objection submitted to the New Jersey bankruptcy court, J&J’s subsidiary claimed that the case was distinct from the previous filing. It emphasized the unprecedented commitment to $8.9 billion by J&J, the biggest settlement ever to be made in the history of a mass tort bankruptcy. Why is talc bad for your hair. The issue is not discussed: whether the size of the settlement implies that it is a fair settlement. J&J also claimed that it received support from numerous plaintiffs’ law firms representing more than sixty thousand claimants. This is difficult to verify but it’s likely to be false.
May 24, 2023 Update: Since Johnson &J Johnson’s bankruptcy filing, the very first trial involving its cosmetic talc items allegedly comprised of asbestos is set to begin jury selection on Monday in California in Alameda County Superior Court, an historically reliable place for plaintiffs. Plaintiff claims that mesothelioma was caused by asbestos exposure through J&J’s products which that the company denies. The trial also involves six retailers who are accused of selling talc-based products.
May 22, 2023 Update: Lawyers in the 2nd J&J talc bankruptcy are disputing who should be appointed to the position of future claims representative. This is which is vitally essential to the resolution of the Talc claims. Why is talc bad for your hair. Randi Ellis, a lawyer who regularly appears in MDLs throughout the United States, was appointed as the claims representative in the previous bankruptcy. J&J’s defense attorneys want Ellis to be appointed in that position in the future, however lawyers representing the talc plaintiffs are protesting on the grounds that Ellis has an interest conflict which should stop her from being appointed to that post for the second time. The dispute stems from possibility that Ellis was apparently involved in drafting the controversially contested second bankruptcy, which raises questions about her capacity to be neutral. The reality is the bankruptcy will be dismissed in the end.
May 17, 2023 Update: The pretend company J&J made up to handle the bankruptcy of talc disclosed to a New Jersey bankruptcy court that they have set aside $400 million to pay the allegations made by states who accuse the company of deceptive advertising for its talc-based products. Why is talc bad for your hair. That’s an $8.5 billion settlement for cancer patients. It’s difficult to envision an eventuality where J&J will be able to push the baby powder settlements at these numbers. While J&J’s $8.5 billion offer sounds like a lot initially, it does not look good when you consider the math. The settlement plan based on our rough calculations, would not offer victims anything more than an average settlement $100,000 per instance. It’s not enough.
May 15th 2023, Update J&J might be facing suit from an advocacy group that represents cancer patients. Why is talc bad for your hair. The group claims that J&J intentionally withdrew the $61.5 billion funding agreement in conjunction with its affiliate, LTL Management LLC, to create the appearance of financial hardship and confirm the unit’s Chapter 11 bankruptcy filing. The group claims this decision is equivalent to a fraudulent transfer of the victims’ compensation rights. They will investigate J&J’s actions following of the denial of the first bankruptcy case of LTL.
May 10, 2023 Update: Next week, the U.S. Bankruptcy Court in New Jersey will hear oral arguments on a motion to dismiss the second bankruptcy application from J&J LTL Management, J&J’s subsidiary. LTL Management. In the meantime it has approved an Order calling for both parties to participate in a new settlement mediation to see if an international settlement agreement can be been reached.
May 5th, 2023 Update: The talc supplier Whittaker, Clark & Daniels filed for Chapter 11 bankruptcy due to many lawsuits claiming that its talc products cause cancer from asbestos exposure. Why is talc bad for your hair. Over 2,700 people have sued the company and it is spending $1 million a month for legal defense. The company’s latest $29 million settlement at the Supreme Court of South Carolina forced it to apply for bankruptcy protection and argue for an equitable distribution of assets to talc claimants, rather than being taken in the hands of the receiver. Other suppliers of talc have declared bankruptcy because of legal proceedings.
May 4, 2023 Update: U.S. Court of Bankruptcy Michael Kaplan has directed Johnson & Johnson to restart talks with lawyers who turned down Johnson & Johnson’s $8.9 billion settlement offer. The court in Trenton, New Jersey yesterday the parties appeared before a judge to discuss next steps in the second bankruptcy case. Judge Kaplan has pushed for further settlement talks.
This is the solution to settle these claims for J&J. A settlement for baby powder can be made. Why is talc bad for your hair. But it will require more money, more billions of dollars – by Johnson & Johnson.
Lawyers are split on whether or not to agree with the proposal and not every client sees the situation the same way their lawyer does. A second bankruptcy proceeding is bound to fail, the judge Kaplan has scheduled a hearing for June to determine if she will close the case for the third time.
May 3 2023 Update: A group of cancer patients who have sued Johnson & Johnson (J&J) requested for J&J’s Third Circuit halt the bankruptcy filed by J&J subsidiary LTL Management, claiming it is an attempt to halt litigation regarding talc-related products. The group of talc claimants submitted a motion on Tuesday, asking the Third Circuit to consider their case and send it back to a lower court with instructions to discharge the bankruptcy. Why is talc bad for your hair. They also asked that halted tort litigation against J&J should be permitted to continue.
LTL requested Chapter 11 protection once again after its first bankruptcy filing was rejected in the Third Circuit earlier this year, offering a $8.9 billion deal. The committee argues that the recent ruling which allowed the second Chapter 11 to continue, and also stopping trials against J&J should be subject to immediate Third Circuit review. The US Trustee also requested that the New Jersey bankruptcy court dismiss the LTL bankruptcy case. J&J’s global vice president of litigation Erik Haas, was quoted by Bloomberg saying that J&J intends to file a statement to the appeals court calling the request a “desperate and legally flawed effort” by a handful of law firms with conflicting financial interests.
May 1st 2023 Update: One common question that people ask is how the plaintiffs’ lawyers and their clients turn around $8.9 billion. Of course, that’s an enormous amount of money. However, there are lots of victims. Why is talc bad for your hair. They are a great cases for plaintiffs. We were reminded recently with two talc trials have resulted in huge verdicts for plaintiffs. In February, a talcum powder mesothelioma trial in Oregon led to the verdict in the amount of $18.1 million. A month later, another mesothelioma talc case was brought to hearing in South Carolina and resulted in a verdict of $29 million on behalf of the plaintiff. Both cases were defended by Whittaker, Clark & Daniels Inc. one of the leading suppliers of talc within the U.S.
April 30th, 2023 Update: When J&J first tried to bring the lawsuit over talcum powder into bankruptcy, it did so with the option of putting aside $2 billion to settle the case. This was an absurdly low amount. There was no one among the talc victims who believed in the proposal. This time, however, J&J has increased the offer to $8.9 for talc-related plaintiffs if they will allow a bankruptcy settlement and also has the support of a large section of the talc victims and their attorneys. Why is talc bad for your hair. But with 75% of plaintiffs in the talc category, which is required to approve bankruptcy plans is a difficult road with so many lawyers with vast inventory of baby powder litigations opposed to the settlement.
What is the solution to this impasse? More billions.
April 25 2023 update: Talc plaintiffs have sought a court order to disqualify the Chapter 11 case filed by LTL Management LLC, a ridiculously made-up Johnson & Johnson subsidiary, saying the company is not financially troubled. LTL filed for Chapter 11 to settle tens of thousands of claims that J&J’s baby powders caused cancer. Why is talc bad for your hair. LTL was denied Chapter 11 in January. 3rd Circuit dismissed its first Chapter 11 case in January in a ruling that said LTL was not eligible for bankruptcy relief as it was unable to demonstrate financial stress.
The claimants assert that the second Chapter 11 case is an fraud on the bankruptcy system, and that it is being pursued in bad faith. J&J states that the bankruptcy settlement receives “significant backing” from the firms that represent an estimated 60,000 claimants. It’s fair to say that the plaintiffs’ attorneys and victims ‘ lawyers are divided on their disagreement over the $8.9 billion amount of settlement offered.
April 21, 2023 Update: A bankruptcy judge ruled that Johnson & Johnson must face new lawsuits claiming that the company sold baby powder that was contaminated and causing cancer. Although the trials for talc lawsuits are paused for a minimum period of 60 days and new lawsuits are able to be filed and lawyers may begin to prepare their cases. Why is talc bad for your hair. Judges expressed doubt about J&J’s absurd attempt to revive its plan with the second bankruptcy case.
April 13 2023 update: the big news is the $8.9 billion over the next 25 years offer for settlement. Lawyers representing cancer patients involved in the MDL group action promised to fight the settlement with those who claim talc. Why? They believe it’s not enough money for more than 70,000 cancer victims. Why is talc bad for your hair. These lawyers argue that J&J could negotiate a greater settlement or pursue individual claims if the latest bankruptcy is dismissed.
However, there is a second group of lawyers outside of the leadership group in the class action. These lawyers have amassed hundreds of thousands of cases. This group wants to settle the case now in what many believe to be lower than what the victims should be paid. Their argument seems to be two-fold. The first is that they claim the settlement – which amounts to 100 million dollars on average per plaintiff is fair.
This argument isn’t easy to make. The second argument is more force: victims should not afford to wait any longer and need their money now.
April 12 2023 Update: Many are asking how J&J can file for bankruptcy again. The answer is complicated and complicated. But let’s try to explain it simply.
Johnson & Johnson asserts that bankruptcy is the only option to deal with both present and future lawsuits involving talc conclusively. Also, it believes that it will be less expensive should there be the bankruptcy element which applies pressure to negotiate a settlement. Why is talc bad for your hair. Going back to the 400-year span of American past, the company believes that bankruptcy is beneficial to all parties by distributing settlements more fairly and efficiently than trial courts, which are where litigants get significant awards while others receive nothing.
The basic tenet in this 3rd Circuit decision was this is not a case of one that makes a profit, but an affiliate to accept the legal responsibility and declare bankruptcy, which is what Congress considered when it was drafting the Bankruptcy Code. However, it also stated it was not in financial distress because J&J assured it of unlimited funding.
So J&J did not hesitate to take advantage of the funding unlimited part of the agreement and didn’t promise to fund unlimited lawsuits. The company claims that updated financing arrangements with its subsidiary addresses the concerns of the appeals court while offering funds to pay claims. In the hope that offering victims lower amounts of money would resolve the overall issue.
Attorneys representing cancer patients who do not agree with the agreement counter this with what you conclude is a defense against legal nonsense by pointing out legal nonsense: J&J fraudulently transferred $50 billion of assets away from LTL Management to circumvent the appeals court’s earlier ruling. Hyperbole is not exempt the lawyers representing victims call this the biggest “fraudulent move that has occurred in United States history.”
Notwithstanding the legal mumbo jumbo, J&J does not really believe that this bankruptcy will last. But it’s a way to push for this $8.9 billion settlement and keep pressure on plaintiffs.
April 10 2023 update: Bloomberg has an interesting piece on a law that has been passed within New Jersey that is shedding new light on the funding of litigation in the suit for class actions. Funders for litigation Virage Capital Management and TRGP Capital invested in hundreds of claims in the case of Johnson & Johnson (J&J) on behalf of talc products. They exchanged for a share of any wins. J&J is now willing to pay $8.9 billion in settlements for all lawsuits.
The involvement of the funders is public knowledge because of the New Jersey court rule requiring the disclosure of certain information regarding outside funding backers. The rules aim to address the rising calls for regulation of the litigation funders. J&J is facing more than 60,000 claims when you combine federal and state infant powder litigation. Third-party funding in mass tort claims is not without its pros and cons. However, there is no doubt that we are seeing the ways that third-party funding can even the playing field between individuals and large corporations in court.
April 4 2023 Update: It’s fun to watch the worm turning in this litigation. J&J suffered another setback this week when it was found that the Third Circuit denied J&J’s request to keep the automatic stay in place during the time that J&J appeals a bankruptcy decision in the U.S. Supreme Court. This automatic stay frozen hundreds of cases involving talcum powder and stopped new lawsuits from getting filed ever since J&J started the controversial process to spin the talc liabilities into a bankrupt subsidiary more than one year earlier. Why is talc bad for your hair. After it was decided that the 3rd Circuit ruled that this bankruptcy was insufficient a few months ago, the stay was revoked. J&J was hoping to have it remain in effect until an appeal to the SCOTUS appeal. But the answer was no.
April 1st, 2023 Update Johnson & Johnson announced it will appeal its 3rd Circuit bankruptcy loss to the U.S. Supreme Court last week. The chance is that the Supreme Court is willing even to hear the appeal? Low.
March 16th, 2023 Update: with the bankruptcy stay now officially lifted, the very first new cases have been filed and transferred into the talcum powder class action MDL in just over a year. Seven new talc-related lawsuits were added to the MDL during the month of March which brings the total number of cases that are pending to 37,522.
February 25, 2023 Update: A Congressmen from Tennessee has now demanded that The U.S. Government Accountability Office (GAO) begin an investigation into the amount J&J product containing talc has cost the government over the many years.
In a recent letter addressed to the GAO, Rep. Steven Cohen (D-Ten.) has accused J&J of not recognizing the risks of its talc-based products for decades while tax dollars were used to treat those who were injured through exposure to the product. This lawsuit comes a few weeks after J&J’s significant loss in the 3rd Circuit Court of Appeals.
Why is talc bad for your hair. J&J has to begin making fair settlement offers to victims to begin the process of putting all this behind. This is a disgrace to one of the greatest companies.
February 14 , 2023 Update: At the hearing held today in New Jersey, U.S. Bankruptcy Judge Michael Kaplan announced his intention following the ruling of 3rd U.S. Circuit Court of Appeals ruling to dismiss the bankruptcy case.
You May be Entitled to Significant Compensation Why is talc bad for your hair. 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!