You May be Entitled to Significant Compensation 844-bad-talc. 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 provide the sum of $400 million US state AGs. 844-Bad-Talc .

Johnson & Johnson (JNJ.N) has set the amount of $400 million for resolving U.S. state consumer protection actions as part of a larger $8.9 billion deal to settle allegations that its Baby Powder and other talc products cause cancer. 844-bad-talc.

J&J company subsidiary LTL Management filed a bankruptcy plan in New Jersey late on Monday that describes how the company will pay various types of cancer victims as part of bankruptcy settlement. 844-bad-talc. J&J has claimed that its Talc products are safe, and do not cause cancer. J&J is seeking an additional time to conclude more than 38,000 lawsuits brought in bankruptcy and prevent new cases from arising in the near future.
LTL’s bankruptcy plan would pay $400 million to an additional trust to settle lawsuits filed by state attorneys general alleging that J&J did not comply with the state’s unfair commercial practices as well as consumer protection laws by misinforming consumers regarding the dangers of its talc products.

Many states had initiated consumer protection measures against J&J prior to the time that LTL’s bankruptcy filing prevented these investigations from moving forward in 2021. 844-bad-talc. New Mexico and Mississippi had already brought actions with 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 documents.

New Mexico and Mississippi have moved to dismiss LTL’s bankruptcy as well as cancer patients and the U.S. Justice Department’s watchdog on bankruptcy, who have argued that a profitable company such as J&J cannot benefit from bankruptcy protections meant for people with debt problems.
The first attempt by LTL to resolve the bankruptcy-related lawsuits was dismissed after similar arguments. In the end, a U.S. appeals court determined the LTL had not been in “financial distress” and thus not eligible under bankruptcy law. 844-bad-talc. LTL made a new bankruptcy application just over two hours after the decision to dismiss, arguing that its second attempt was different in that there was less money available and more support for the settlement.

New Mexico and Mississippi said in their motion to dismiss LTL’s new bankruptcy violates the state’s law enforcement authority in attempting to unilaterally limit the company’s liability for state consumer protection laws.

844-Bad-Talc

LTL’s recent filings also provided more information on how the company would evaluate and settle cancer claims if the bankruptcy plan is approved.

The most significant payments under the settlement would be $500,000 to those diagnosed with mesothelioma that is terminal before age 45, and $260,000 for those who have been diagnosed with cancer of the ovary before age 45.

From there, the proposed settlement offers discounts based on the kind and severity of cancer, the patient’s age, the history of usage of talc and other variables. 844-bad-talc. For instance someone who regularly used talc products on a weekly basis, who had an ancestral history of ovarian cancer, and was diagnosed with the stage 2 ovarian cancer at age 55 may qualify to receive a payout of $21,125 under the plan.

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

Following another round of hearings in Johnson &Johnson’s attempt to utilize a Texas Two-Step bankruptcy strategy to resolve talc litigation and federal bankruptcy judge Michael Kaplan has ordered the company and those opposing the plan to enter into settlement talks, Bloomberg reports.

The second time it attempted to file for bankruptcy for LTL management, a subsidiary founded by J&J to handle the claims company made a settlement offer of $8.9 billion. 844-bad-talc. While a firm representing plaintiffs agree with the proposal, another group opposes the deal.

Earlier this week, the opposition group, known as”The Official Committee of Talc Claimants and urging the bankruptcy court to disqualify the petition arguing that LTL is not considered to be to be in financial trouble.

“The filing is a desperate and legally ineffective attempt by a handful of law firms to block claimants from voting on the resolution plan–a plan that the vast majority of claimants are in favor of,” J&J’s litigation chief Erik Haas, said in an announcement. 844-bad-talc. “The law firms that are behind these filings have interests in finance that clash with, diverge from, and contravene those of their clients. We’ll be submitting an answer in the appeals court.”

844-bad-talc. Clay Thompson, a lawyer for MRHFM who has more than 80 patients with mesothelioma who have filed lawsuits against J&J for bankruptcy, told the second bankruptcy attempt of J&J will fail.

“J&J issues press releases about how wonderful its plans are, but is demanding that plan details–including what the individual sick individuals would receive–be kept secret,” Thompson said in an announcement. “What do they have to conceal?”

Blog Talc JPML

Kaplan has commanded the parties to create a restructuring plan, with the oversight and supervision of mediators.

As of 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 hundreds of thousands of claims over its talcum products.

However, in January of this year an appeals court in the United States overturned the decision, deciding that the business could not be considered to be in “financial financial distress.”

The J&J’s plan to contest the U.S. Supreme Court was denied on April 1, J&J declared bankruptcy about two hours after. In response to that move, Kaplan froze the lawsuits for 60 days in order to determine whether to allow an additional bankruptcy.

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

In the Two Chapter 11 attempts, J&J has purchased 19 months of which cases were put held. 844-bad-talc. The company would like claimants to accept their settlement. J&J needs 75% approval for the settlement to be approved.

In addition to the group of talc lawyers who criticised the bankruptcy of the company and the U.S. Trustee, a branch belonging to the U.S. Department of Justice was also the one to file an appeal to dismiss LTL’s second bankruptcy.

In a statement this week, U.S. trustee Andrew R. Vara wrote that the doors of bankruptcy are “open to honest but unfortunate debtors.” These doors “are not accessible to those who do not have a legitimate bankruptcy reason or want to use bankruptcy to hinder or delay their creditors,” Vara continued.

For its part, J&J maintains there is no conclusive evidence that its Talc-based products, such as its popular baby powder cause cancer. J&J has taken its products off of the market first on North America in 2020–and the rest of the world later this year.

J&J intends to steer clear of the costly business of going to court. J&J has won the majority of cases decided at trial, but certain losses have been harsh.
A high-profile trial in Missouri ended in a $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 cases involving talc, which are in appeal or concluded. Out of 41 trials, 32 ended with a win by J&J or a mistrial, or plaintiff verdicts that were annulled upon appeal. 844-bad-talc. The company also in 2020 sought to settle over 1,000 cases worth $100 million, Bloomberg stated at the time.

Talcum Baby Powder Ovarian Cancer Lawsuit – 844-Bad-Talc

Our lawyers are handling baby powder lawsuits in every state. The talcum powder lawsuits in the case of Johnson & Johnson have been ongoing for years. 844-bad-talc. The lawsuits contend that the prolonged use of the powder (or “talc”), the active ingredient found in products such as Baby Powder along with Shower to Shower and Shower to Shower, could cause ovarian cancer among some women.

This page offers the J&J update on the talc power litigation and provides an overview of how the upcoming bankruptcy ruling impacts the ultimate settlement amounts of the Ovarian Cancer lawsuits.

Is the deadline for you to file a talcum powder lawsuit? Many who believe that the statute of limitations has run out to sue Johnson & Johnson are wrong. Call us at 800-553-882 or request a no-cost and quick review of your case online.

Johnson and Johnson Talcum Powder Lawsuit Update 2023 – 844-Bad-Talc

June 2 2023 Update: In the trial for asbestos-containing talc which took place in California yesterday, a few technical issues interrupted the opening statements made by defense lawyers. 844-bad-talc. Jurors from home on Zoom but did not hear Johnson & Johnson’s lawyer voice his doubt about the science of the 70s claiming asbestos was present in their product prior to the trial was abruptly closed.

Meanwhile, the plaintiff could introduce the first of their witnesses, Arthur Langer. Langer said that the presence of other minerals in talc is expected. He testified that his team informed J&J in 1971 of the presence of chrysotile asbestos the company’s talc, albeit at lesser than 0.1 percent. He also found more asbestos in 1976.

June 1, 2023 Update: 844-bad-talc. A trial for the first time since J&J decided to spin off its talc section and declaring bankruptcy marks a pivotal moment of the ongoing lawsuit story. Trial began yesterday in the heartbreaking case of a young 24 year-old plaintiff who was diagnosed with a rare and aggressive form of mesothelioma earlier this year. which both sides of the argument agree is a tragedy of a different kind.

Opening statements revealed stark differences in each side’s narrative. The attorney representing the plaintiff took aim on Johnson & Johnson, alleging the use of deceptive methods in their research practices as well as throughout the litigation procedure. In the words of attorney, Johnson & Johnson attempted to alter the definition of asbestos in spite of internal documents from 1978 and 1994 showing that asbestos fibers that were found in the plaintiff’s tissue are included.

Johnson & Johnson’s precarious $8.9 billion settlement is hanging in the balance as we development of the trial. Despite the unique nature of this mesothelioma-related case and the unique issues it faces compared to other lawsuits involving talcum powder ruling in favor of the plaintiff could be an enormous setback for J&J’s hopes of broad acceptance of their settlement proposal among plaintiffs.

May 31 2023: Update from Johnson and Johnson’s bankrupted talc unit has strongly defended its two-time Chapter 11 filing in the face of challenges from talc injury claimants. In a written objection to the New Jersey bankruptcy court, it argued that the situation was vastly different from the prior filing. The subsidiary emphasized the record-breaking commitment to $8.9 billion to J&J which is the biggest settlement ever to be made in the history of a mass tort bankruptcy. 844-bad-talc. There was no mention of how the magnitude of the settlement means it is a fair settlement. J&J also claimed that it received support from various plaintiffs’ law firms that represent over the 60,000 plaintiffs. This is difficult to verify however it is likely to be incorrect.

May 24 2023 Update: Following Johnson &J Johnson’s bankruptcy filing, the first trial concerning its cosmetic talc items allegedly comprised of asbestos is set to start jury selection on Monday, California at Alameda County Superior Court, a historically good jurisdiction for plaintiffs. The plaintiff asserts that his mesothelioma resulted from asbestos exposure through J&J’s products and the company denies. The trial also involves six retailers accused of selling talc products.

May 22, 2023 Update: Lawyers involved in the 2nd J&J talc bankruptcy are in a dispute over who should be appointed to the role of a future claims representative, the role is crucially critical to resolving talc claims. 844-bad-talc. Randi Ellis, a lawyer who regularly appears in MDLs across the country, was appointed as the claims representative in the initial bankruptcy. J&J’s defense team would like Ellis to be appointed to that role and again, but attorneys for the plaintiffs in talc are arguing on the grounds that Ellis has an interest conflict that would prevent her from being appointed to that post for the second time. The dispute stems from reality that Ellis was believed to have been involved in drafting the controversially contested second bankruptcy, raising doubts regarding her capacity to remain neutral. In reality, this bankruptcy is likely to be tossed out anyway.

May 17, 2023 Update: The pretend company that J&J put together to handle the bankruptcy of talc informed a New Jersey bankruptcy court that they have allocated $400 million to pay the claims brought by states accusing the company of deceptive advertising for its talc products. 844-bad-talc. It’s a $8.5 billion settlement for cancer patients. It is hard to imagine a scenario where J&J could push these baby powder settlements through at these numbers. While J&J’s proposed $8.5 billion offer sounds like a lot of money initially, it does not look very appealing when you do the math. The proposed settlement based on our estimates – will not be able to pay victims more than a median settlement of $100,000 per instance. That is not enough.

May 15, 2023, Update J&J may be in the middle of a lawsuit from an advocacy group representing cancer victims. 844-bad-talc. The group claims that J&J deliberately withdrew a $61.5 billion contract for funding together with its parent company, LTL Management LLC, to simulate financial stress and verify the unit’s Chapter 11 bankruptcy filing. The group claims this decision could be interpreted as a fraudulent transfer of the right to compensation for victims. They intend to investigate J&J’s actions as a result of the decision to dismiss the first bankruptcy case of LTL.

May 10, 2023 Update: Next week next week, the U.S. Bankruptcy Court in New Jersey will hear oral arguments on a petition to dismiss the second bankruptcy petition filed from J&J company LTL Management. However, in the meantime it has approved an order which requires both sides to participate in a settlement mediation in the hope that the global settlement can be come to fruition.

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 through asbestos exposure. 844-bad-talc. Over 2,700 individuals have sued the firm, and it was paying $1 million per month on legal defense. The company’s recent $29 million settlement at the Supreme Court of South Carolina forced it to seek bankruptcy protection, arguing for equitable distribution of assets among talc claimants instead of being seized by the receiver. Other talc suppliers have also been forced to file for bankruptcy as a result of legal proceedings.

May 4 2023 update: U.S. bankruptcy judge Michael Kaplan has directed Johnson & Johnson to resume negotiations with lawyers who rebuffed the company’s proposed $8.9 billion settlement offer. It was in Trenton, New Jersey yesterday the parties appeared in court to discuss next steps to take in their second bankruptcy matter and Judge Kaplan encouraged further settlement talks.

This is the best way to resolve the claims of J&J. A settlement for baby powder can get done. 844-bad-talc. But it will require additional money – perhaps billions of dollars from Johnson & Johnson.

Lawyers have a split opinion on whether or not to accept the plan and not all clients see the issue the same way their lawyer views it. The second bankruptcy case is expected to go nowhere and Judge Kaplan has scheduled a hearing in June to decide if he will remove the bankruptcy after the second.

May 3, 2023 Update: A group representing cancer victims who are suing Johnson & Johnson (J&J) requested for they request that the Third Circuit halt the bankruptcy filed by J&J subsidiary LTL Management, claiming it is an attempt to halt the litigation involving talc products. The committee representing talc claimants filed a motion on Tuesday asking for the Third Circuit to consider their case and to send it back an earlier court with instructions for dismissing the bankruptcy. 844-bad-talc. They also asked that stopped tort litigation against J&J continue to proceed.
LTL applied for Chapter 11 protection once again after its first bankruptcy filing was denied in the Third Circuit earlier this year and offered the possibility of an $8.9 billion agreement. The committee says that the recent decision allowing LTL’s second Chapter 11 to continue, in addition to halting trials against J&J should be subject to the immediate Third Circuit review. The US Trustee also asked that it be 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 formal response in the appeals court characterizing the filing as a “desperate and legally inadequate move” by a handful of law firms that have conflicting financial interests.
May 1st 2023 Update: One most frequently asked question is how could plaintiffs and their lawyers be able to turn on $8.9 billion. Of course, that’s quite a sum. But there are a lot of victims. 844-bad-talc. And these are really good claims for plaintiffs. We were reminded of this recently when two talc cases ended in large verdicts for the plaintiffs. In February mesothelioma, a talcum-based powder trial in Oregon ended in the verdict worth $18.1 million. In the same month, a different mesothelioma trial involving talc was held for trial 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 most prominent suppliers of talc within the U.S.
April 30 2023 Update: When J&J first tried to bring the litigation over talcum powder into bankruptcy, it was met with an offer to set aside $2 billion for settlements. It was a ridiculously small amount. The talc plaintiffs had not agreed with it. However, this time, J&J has increased the offer to $8.9 for talc-related plaintiffs if they are willing to accept bankruptcy settlements and they have the support of a substantial section of the talc victims and their attorneys. 844-bad-talc. But 75% of the plaintiffs in the talc category, which is required to approve bankruptcy plans is a difficult road because of the number of lawyers who have large inventories of baby powder lawsuits opposed against the proposed settlement.

What could solve the impasse? More billions.
April 25 2023 Update Talc cancer claimants have requested a judge to reject their Chapter 11 case filed by LTL Management LLC, a ridiculously made-up Johnson & Johnson subsidiary, declaring that the company isn’t financially strained. LTL applied for Chapter 11 to settle tens of thousands of claims that J&J’s baby powders caused cancer. 844-bad-talc. In the end, however, the 3rd Circuit dismissed its first Chapter 11 case in January, saying the company wasn’t eligible to receive bankruptcy relief because it was unable to demonstrate financial difficulties.

The claimants contend that the 2nd Chapter 11 case is an abuse of the bankruptcy system and that it’s being conducted in bad good faith. J&J says the bankruptcy settlement receives “significant support” from firms representing around 60,000 people who are claiming. It’s fair to say that the plaintiffs’ attorneys and victims ‘ lawyers are not united over their disagreement over the $8.9 billion settlement offer.

April 21, 2023 Update: A bankruptcy judge ruled that Johnson & Johnson must face new lawsuits alleging that the firm offered a baby powder with a contaminant that caused cancer. Although the trials for the lawsuits involving talc are delayed for at least 60 calendar days and new lawsuits are able to be filed, and lawyers are able to begin preparing their cases. 844-bad-talc. Judges expressed skepticism about J&J’s ridiculous effort to revive its plan with a second bankruptcy case.

April 13, 2023 update: the biggest update is about the $8.9 billion over the next 25 years offer for settlement. Lawyers representing cancer victims in the MDL Class Action have vowed to fight the settlement along with those who claim talc. Why? They believe it’s not enough for 70,000 victims who have cancer. 844-bad-talc. They argue that J&J should seek a bigger settlement or pursue individual claims in the event that the latest bankruptcy is dismissed.

There is a different set of lawyers who are not part of the leadership of that class action. These lawyers have amassed the equivalent of tens of thousands of lawsuits. They want to settle today for what many argue is lower than what the victims should be paid. Their argument seems to be twofold. They argue that the settlement – which amounts to 100 million dollars on average per plaintiff is fair.

That is a hard argument to present. However, their second argument has more teeth: victims can not afford to wait any longer and need to get their money right now.

April 12, 2023 Update: People are seeking out how J&J is able to file for bankruptcy once more. The answer is complex and confusing. Let’s try to simplify it simply.
Johnson & Johnson asserts that bankruptcy is the only way to settle both present and future talc lawsuits conclusively. In other words, it believes it can pay less when there is an element of bankruptcy that puts pressure for a settlement. 844-bad-talc. Moving past the 400-year span of American history, the company asserts that bankruptcy benefits all parties as it distributes settlements more equally and efficiently than trial courts, where litigants are awarded significant settlements while others get nothing.

The main thrust of this 3rd Circuit decision was this isn’t a case that involves a profitable company making a subsidiary to take the legal liability and declare bankruptcy – something Congress had in mind when it came to drafting the Bankruptcy Code. But it also said it was not in financial difficulty because J&J offered unlimited financing.
Thus, J&J did not hesitate to take advantage of the unlimited funding part of the agreement and did not promise to provide unlimited funding for cases. The company claims that its updated financing arrangements with its subsidiary will address appeals court’s concerns, while providing funds for claims. As if providing victims with less money would solve the problem at hand.

Attorneys representing cancer patients who are against the agreement argue this by arguing that the plaintiff is countering legal nonsense with legal absurdity: J&J fraudulently transferred $50 billion of assets away from LTL Management to circumvent the appeals court’s earlier decision. Hyperbole is not exempt attorneys representing the victims claim it the biggest “fraudulent transaction of assets in United States history.”

Notwithstanding the legal mumbo jumbo, J&J does not really believe this bankruptcy will be able to last. However, it’s a means to push for this $8.9 billion settlement through and maintain the pressure on plaintiffs.

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

The involvement of funders is publicly available due to the New Jersey court rule requiring the disclosure of certain information about funding sources outside of the. This rule is intended to address the growing calls for regulation of litigation funders. J&J has more than 60,000 claims when you include federal and state child powder-related lawsuits. Third-party financing in mass tort cases has pros and cons. However, there is no doubt that we are seeing how third-party financing can help level the playing field for individuals and big companies in court.

April 4 2023 Update: It is pleasing to see the worm turn in this litigation. J&J suffered another setback this week when an appeals court in the Third Circuit denied J&J’s request to maintain the automatic stay as J&J appeals an appeal in the U.S. Supreme Court. The automatic stay has froze thousands of talcum powder cases and prevented new lawsuits from being filed ever since J&J started the controversial process to spin the talc liability off into a bankrupt subsidiary more than a year earlier. 844-bad-talc. When it was decided that the 3rd Circuit ruled that this bankruptcy was insufficient only a few months back, the stay was removed. J&J wanted to see it continued pending an appeal to the SCOTUS appeal. 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. There is a chance that is that the Supreme Court is willing even to take up the appeal? Low.
March 16 2023 Update: with the bankruptcy stay having been fully lifted, the first new cases were filed and incorporated into the Talcum Powder class action MDL in the space of a year. Seven new talc lawsuits were joined to the MDL in the last month which brings the total number of cases pending to 37,522.

February 25, 2023 Update The following information is available: A Congressmen from Tennessee is now calling for authorities from the U.S. Government Accountability Office (GAO) initiate an investigation into the amount J&J Talc products have cost the government over the many years.
In a recent letter addressed to the GAO, Rep. Steven Cohen (D-Ten.) claimed that J&J of not recognizing the risks of its talc-based products for many years, while tax dollars were used to treat those who were injured through exposure to the chemicals. This lawsuit comes a few weeks after J&J’s significant loss in the 3rd Circuit Court of Appeals.

844-bad-talc. J&J should begin to make reasonable settlements for victims in order the process of putting all this behind it. This is a blemish on one of the most prestigious companies.

February 14 2023 Update: During an appearance today at the hearing in New Jersey, U.S. Bankruptcy Judge Michael Kaplan announced his intention following his 3rd U.S. Circuit Court of Appeals ruling to dismiss the bankruptcy case.