Revlon Talc Lawsuit – Are You Eligible To File A Talc Lawsuit?

You May be Entitled to Significant Compensation Revlon talc lawsuit. 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 make payments of the sum of $400 million US state AGs. Revlon Talc Lawsuit .

Johnson & Johnson (JNJ.N) has set the amount of $400 million for resolving U.S. state consumer protection actions as part of its larger $8.9 billion deal to settle allegations that it’s Baby Powder and other talc-based product causes cancer. Revlon talc lawsuit.

J&J subsidiaries LTL Management filed a bankruptcy plan in New Jersey late on Monday that describes how the company will pay various types of cancer sufferers in an arrangement for bankruptcy. Revlon talc lawsuit. J&J has said that its Talc products are safe and won’t cause cancer. J&J is seeking the second time to end more than 38,000 lawsuits brought in bankruptcy, as well as prevent new lawsuits from coming forward in the near future.
LTL’s bankruptcy plan would pay $400 million into a separate trust for claims brought with state attorneys general claiming that J&J was in violation of states’ unfair practices and consumer protection laws through misleading consumers regarding the dangers of its talc products.

Some states had started consumer protection cases against J&J prior to the first bankruptcy filing prevented those investigations from taking place in 2021. Revlon talc lawsuit. New Mexico and Mississippi had already filed suit against Johnson & Johnson before then and the states of Arizona, Maryland, North Carolina, Texas and Washington had issued civil investigative subpoenas or demands in LTL’s court papers.

 

 

New Mexico and Mississippi have decided to declare LTL’s bankruptcy unfinished, joining cancer victims as well as their counterparts from the U.S. Justice Department’s bankruptcy watchdog. argue that a profit-making business like J&J is not eligible for bankruptcy protections meant for struggling debtors.
The first time LTL attempted to settle the bankruptcy lawsuits was rejected after the same arguments, when a U.S. appeals court determined in favor of LTL wasn’t in “financial distress” and therefore not eligible to receive bankruptcy relief. Revlon talc lawsuit. LTL made a new bankruptcy application within two hours of the decision to dismiss, arguing that the second bankruptcy was different because it had less money available and had a greater chance of securing the possibility of settling.

New Mexico and Mississippi said in their motion to dismiss that LTL’s latest bankruptcy violation of state law enforcement authorities by trying to unilaterally cap the liability of the company for state consumer protection laws.

 

Revlon Talc Lawsuit

LTL’s recent filings also provided more details on how the company would evaluate and pay for cancer claims should the bankruptcy plan be approved.

The maximum amount under the settlement will be $500,000 for people diagnosed with terminal mesothelioma before age 45 and $260,000 for those diagnosed with ovarian cancer that is terminal prior to age 45.

From there, the proposed settlement offers discounts based on the type and severity of cancer, the individual’s years of age, their history of the use of talc, and other aspects. Revlon talc lawsuit. For instance, a woman who used the talc product on a regular basis, had an ovarian cancer family history, cancer and was diagnosed with the stage 2 ovarian cancer at the age of 55 might qualify for a $21,125 payout under the settlement plan.

Judge gives order to J&J and talc opponents to take part in settlement talks.

After another round of hearings in Johnson and Johnson’s efforts to use 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 settlement talks, Bloomberg reports.

With its second bankruptcy attempt for LTL Management–a subsidiary established by J&J to manage the claims company offered a settlement amounting to $8.9 billion. Revlon talc lawsuit. While one group of law firms representing plaintiffs agree with the settlement, a different group is against the settlement.

In the last week, an opposition group, known as”the Official Committee of Talc Claimants requested the bankruptcy court to dismiss this case by argument that LTL is not a factor in financial distress.

“The filing is a desperate and legally deficient attempt by a tiny number of law firms to stop claimants from deciding on the resolution plan – a plan the vast and growing majority of claimants approve of,” J&J’s litigation chief Erik Haas, said in a statement. Revlon talc lawsuit. “The law firms that are behind this filing have financial interests that conflict with, diverge from and infringe on the rights of their clients. We’ll soon submit an answer to the appellate court.”

Revlon talc lawsuit. Clay Thompson, a lawyer for MRHFM who has more than 80 mesothelioma clients who have filed lawsuits against J&J for bankruptcy, told the company’s second bankruptcy try is likely to fail.

“J&J publishes press release describing how fantastic its plan is while simultaneously requesting that details of the plan, such as what individual sick people would actually receive,” Thompson said in a statement. “What is J&J’s plan to keep secret?”

 

 

Kaplan has instructed the sides to develop a new reorganization plan, under the oversight and supervision of mediators.

In February 2022, Kaplan confirmed J&J’s recourse to Chapter 11 to hasten a settlement that would release J&J from the hundreds of thousands of claims related to its talcum-based products.

However, in the month of January, an appeals court of the federal government overturned the decision, deciding that the business could not be considered in “financial trouble.”

The J&J’s plan to challenge the U.S. Supreme Court was rejected the same month, J&J was granted a second petition for bankruptcy two hours later. In response, Kaplan froze the lawsuits for 60 days in order to determine whether or not to accept to file for bankruptcy again.

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

With the two Chapter 11 attempts, J&J has purchased 19 months of which cases were put suspended. Revlon talc lawsuit. The company wants claimants to take a vote to accept their settlement. J&J will require 75% acceptance for the deal to go through.

In addition to the team of talc lawyers who panned the company’s bankruptcy play as well, the U.S. Trustee is an arm from the U.S. Department of Justice, also filed an appeal to dismiss LTL’s bankruptcy second 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.” The doors “are not open to parties that lack a legitimate bankruptcy reason or want to use bankruptcy to delay or hinder their creditors.” Vara continued.

In its own words, J&J maintains there is no evidence conclusive that its talc products, including its famous baby powder, cause cancer. J&J has adopted the products of the market–first on North America in 2020–and the remainder of the globe later this year.

J&J wants to avoid the expense of going to court. It has prevailed in most of the cases that have been decided through trial, though certain losses have been extremely harsh.
A well-known trial in Missouri ended in a $4.7 billion judgment against the drug manufacturer that was later reduced to $2.1 billion following appeals.

Johnson & Johnson faces high-stakes hearing over ‘Texas Two Step’ talc strategy: report
In all, J&J has lost nine trial involving talc that are on appeal or have been concluded. Out of 41 trials, 32 of them ended in an outcome for J&J, a mistrial or plaintiff verdict that was annulled on appeal. Revlon talc lawsuit. The company also in 2020 moved to settle more than 1000 cases for $110 million. Bloomberg reported at the time.

 

Talcum Baby Powder Ovarian Cancer Lawsuit – Revlon Talc Lawsuit

Our lawyers handle baby powder cases in every state. The talcum powder lawsuits in the case of Johnson & Johnson have been in the process for several years. Revlon talc lawsuit. The lawsuits assert that long-term use of the powder (or “talc”), the active ingredient in many products, including baby Powder or Shower to Shower as well as other products, may cause ovarian cancer among some women.

This page offers a J&J Talc Power litigation update and provides an overview of how the upcoming bankruptcy ruling affects the final settlement amount of the ovarian cancer lawsuits.

Did the deadline expire for you to make a claim for talcum powder? Many who believe that the deadline has passed to file a lawsuit against Johnson & Johnson are wrong. Call us today at 800-553-8082 or request a no-cost and quick case review online.

 

Johnson and Johnson Talcum Powder Lawsuit Update 2023 – Revlon Talc Lawsuit

June 2 2023 Update: In the trial for asbestos-containing talc at the trial in California yesterday, some technical issues interrupted the opening statement by the defense attorneys. Revlon talc lawsuit. Jurors who were watching from home via Zoom and hearing the Johnson &Johnson’s lawyer express doubt about the 70s research that claimed asbestos was present in their product, but the session abruptly ended.

Meanwhile, the plaintiff was able to introduce their first witness, Arthur Langer. Langer said that the presence of other minerals alongside the talc mineral is a given. He claimed that his group informed J&J in 1971 of the presence of chrysotile asbestos within the company’s talc, albeit in lower than 0.1 percent. He also found more asbestos in 1976.

June 1st, 2023 Update Revlon talc lawsuit. The first trial since J&J has decided to separate its Talc division, and then declare bankrupt marks a pivotal moment for the ongoing litigation saga. Trial started on Monday in the heartbreaking case of a young 24 year-old plaintiff who was diagnosed with an extremely rare and aggressive form of mesothelioma last year, which lawyers on both sides believe is a tragedy of a different kind.

Opening statements laid bare sharp differences in the two sides’ narrative. The plaintiff’s attorney took aim against Johnson & Johnson, alleging the use of deceitful strategies in its research practices as well as throughout the litigation procedure. In the words of attorney, Johnson & Johnson attempted to alter the definition of asbestos, despite internal documents from 1998 and 1994 that show asbestos fibers in the tissue of the plaintiff are included.

Johnson & Johnson’s uncertain $8.9 billion settlement proposal hangs in the balance as we progression of this trial. Despite the distinctive nature of this mesothelioma case and its distinct issues compared to other lawsuits involving talcum powder, a verdict favoring the plaintiff could be an enormous setback for J&J’s hopes for broad acceptance of their settlement proposal among plaintiffs.

May 31, 2023: Update from Johnson & Johnson’s bankrupt talc business vigorously defended it’s two-time Chapter 11 filing in the face of challenges from injured talc claimants. In an objection submitted to the New Jersey bankruptcy court, the company argued that the case differed fundamentally from the prior filing. It highlighted the extraordinary commitment to $8.9 billion in settlement from J&J as the largest settlement ever made in a mass tort bankruptcy case. Revlon talc lawsuit. Not mentioned: how the size of the settlement signifies that it’s a fair settlement. J&J also claimed that it received support from various plaintiffs’ law firms representing more than the 60,000 plaintiffs. This is hard to verify but is probably incorrect.

May 24 2023 Update: In the wake of Johnson & Johnson’s 2021 bankruptcy filing, the very first trial on its cosmetic talc items allegedly with asbestos content is scheduled to start jury selection on Monday, May 24, California with Alameda County Superior Court, an historically reliable jurisdiction for plaintiffs. Plaintiff claims that mesothelioma resulted from asbestos exposure through J&J’s products and J&J has denied. The trial also includes six retailers who are accused of selling talc-based products.

May 22, 2023 Update: Lawyers in the 2nd J&J Talc bankruptcy are battling over who should be appointed to the post of the claims representative in the future, the role is crucially critical to resolving claims involving talc. Revlon talc lawsuit. Randi Ellis, a lawyer who frequently appears in MDLs throughout the country was appointed as the claims representative during the first bankruptcy. J&J’s defense attorneys want Ellis to be appointed to that role in the future, however lawyers representing the talc plaintiffs have raised objections on the grounds that Ellis has an interest conflict that would prevent her from taking on that role again. The dispute stems from reality that Ellis was believed to have been involved in the drafting of the highly contested second bankruptcy, raising doubts regarding her capacity to remain neutral. In reality, this bankruptcy is likely to be tossed out anyway.

May 17th, 2023 Update: The pretend company J&J formed for the talc bankruptcy disclosed to an New Jersey bankruptcy court that they have set aside $400 million as a settlement for claims of states that accuse the company of misleading advertising regarding its talc products. Revlon talc lawsuit. So that makes it an $8.5 billion settlement to cancer victims. It’s difficult to envision any scenario in which J&J will be able to push the settlements of baby powder through at these numbers. While J&J’s $8.5 billion offer might seem like a large sum at first, it does not look great when you do the math. This settlement offer based on our rough calculations would not be able to pay victims more than a median settlement of $100,000 per case. It’s not enough.

May 15th, 2023, Update J&J might be facing lawsuit by an advocacy group that represents cancer victims. Revlon talc lawsuit. The group contends that J&J intentionally canceled the $61.5 billion contract for funding with its subsidiary, LTL Management LLC, to simulate financial distress and validate the unit’s Chapter 11 bankruptcy filing. The group claims that this move is a fraud transfer of the rights of compensation for victims. They plan to explore J&J’s actions after the announcement of the dismissal of LTL’s first bankruptcy case.

May 10, 2023 Update: Next week this week, the U.S. Bankruptcy Court in New Jersey will hear oral arguments on a petition to dismiss the second bankruptcy application of J&J company LTL Management. In the meantime this bankruptcy court has issued an Order that requires both parties to participate in a settlement mediation in the hope that it will be possible to reach a global settlement agreement come to fruition.

May 5, 2023 Update: Talc manufacturer Whittaker, Clark & Daniels filed for Chapter 11 bankruptcy due to many lawsuits claiming that its talc products cause cancer from asbestos exposure. Revlon talc lawsuit. More than 2700 people have filed lawsuits against the company and the company was spending $1 million a month for legal defense. The company’s latest $29 million verdict in South Carolina forced it to file for bankruptcy protection, arguing for a fair distribution of assets between the claimants of talc instead of being confiscated in the hands of the receiver. Other suppliers of talc have filed for bankruptcy due to the litigation.

May 4 2023 Update: U.S. The bankruptcy Judge Michael Kaplan has directed Johnson & Johnson to restart talks on settlement with lawyers who have rejected Johnson & Johnson’s $8.9 billion offer for settlement. It was in Trenton, New Jersey yesterday, the parties gathered in court to discuss next steps in another bankruptcy proceeding and Judge Kaplan encouraged further settlement talks.

This is the best way to resolve the claims of J&J. The baby powder settlement is likely to be made. Revlon talc lawsuit. However, it will require more money, more billions of dollars of Johnson & Johnson.

Lawyers are divided over whether or not to accept the plan and not every client sees the issue in the same manner their lawyer does. The second bankruptcy case is expected to be a failure the judge Kaplan has scheduled a hearing for June to determine whether to close the case for the third time.

May 3, 2023 Update The group of cancer patients who have sued Johnson & Johnson (J&J) asked to have J&J’s 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 of talc claimants filed a motion on Tuesday asking for the Third Circuit to consider their case and then send it back the lower court, with instructions for dismissing the bankruptcy. Revlon talc lawsuit. The committee also requested that the lawsuit against the halted torts of J&J allow the litigation to continue.
LTL has filed for Chapter 11 protection once again following the bankruptcy filing it made earlier was denied in the Third Circuit earlier this year which offered an $8.9 billion payment. The committee says that the recent decision allowing LTL’s 2nd Chapter 11 to continue, and also stopping trials against J&J is a reason for immediate Third Circuit review. The US Trustee requested an 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 plans to file a response in the appeals court calling the request a “desperate and legally flawed effort” by a few of law firms that have competing financial interests.
May 1 2023 Update: A common question that people ask is how the plaintiffs’ lawyers and their clients turn on $8.9 billion. Of course, that’s a lot of money. However, there are lots of victims. Revlon talc lawsuit. They are a great case for plaintiffs. We have been reminded of this recently when two talc cases led to huge verdicts for plaintiffs. In February mesothelioma cases, a talcum powder trial in Oregon was settled with a verdict in the amount of $18.1 million. In the same month, a different mesothelioma trial involving talc was held for trial in South Carolina and resulted in the verdict of $29 million in favor of plaintiff. Both cases were defended by Whittaker, Clark & Daniels Inc. which is one of the leading manufacturers of talc in U.S.
April 30th 2023 Update: When J&J first attempted to drag the talcum powder litigation into bankruptcy, it did so with an offer to reserve $2 billion for settlements. This was an absurdly low amount. None of the talc plaintiffs agreed with the proposal. This time around, however, J&J has increased the offer to $8.9 If the talc plaintiffs will allow a bankruptcy settlement and they also have the support of a substantial part of the talc-related plaintiffs and their attorneys. Revlon talc lawsuit. But with 75% of talc plaintiffs, which is necessary for bankruptcy plan approval It’s a long and difficult process with so many lawyers with vast inventory of baby powder litigations opposed to the settlement.

What can be done to end the impasse? More billions.
April 25, 2023 Update: Talc cancer claimants have asked a judge to disqualify their Chapter 11 case filed by LTL Management LLC, a absurdly-made-up Johnson & Johnson subsidiary, saying the company is not financially strained. LTL filed for Chapter 11 to settle tens of thousands of claims that J&J’s baby powders cause cancer. Revlon talc lawsuit. It was the 3rd Circuit dismissed its first Chapter 11 case in January The court ruled that LTL was not a candidate for bankruptcy relief since it did not show financial trouble.

The claimants assert that LTL’s 2nd Chapter 11 case is an abuse of the bankruptcy system and it’s being pursued in bad good faith. J&J says the bankruptcy settlement is backed by “significant support” from the firms that represent an estimated 60,000 claimants. It’s fair to say plaintiffs’ lawyers and victims ‘ lawyers are not united over this $8.9 billion amount of settlement offered.

April 21st, 2023 Update A bankruptcy judge has decided that Johnson & Johnson must face new lawsuits claiming that the company sold tainted baby powder causing cancer. Although the trials for the talc lawsuits have been suspended for a minimum of 60 days however, new lawsuits may be filed and lawyers may begin to prepare their cases. Revlon talc lawsuit. Judges expressed skepticism about J&J’s attempt to revive its strategy with a second bankruptcy case.

April 13 2023 Update: major news is the $8.9 billion over 25 years offer for settlement. Lawyers representing cancer patients who are part of MDL class action MDL collective action pledged to fight the settlement with talc claimants. Why? They think it is too little money for the more than 70,000 cancer victims. Revlon talc lawsuit. These lawyers argue that J&J should seek a bigger settlement or settle individual claims if the most recent bankruptcy is declared unconstitutional.

However, there is a second set of lawyers who are not part of the top leadership in the class action. These lawyers have amassed tens of thousands of cases. This group wants to settle today for what is believed to be far less than what these victims deserve. Their argument is twofold. They argue that the settlement of around an average of $100,000 per plaintiff is fair.

This is an argument that is difficult to argue. However, their second argument has more substance: the victims will be no longer patient and demand their money now.

April 12 2023 Update: Some people are looking for ways J&J is able to file for bankruptcy again. The answer is complex and complicated. However, let’s attempt to explain it in simple terms.
Johnson & Johnson asserts that bankruptcy is the only method to resolve both current and future lawsuits involving talc conclusively. That is, it believes that it will be less expensive in the event of a bankruptcy component that applies pressure for a settlement. Revlon talc lawsuit. In a quest to cover the 400-year span of American time, the business believes that bankruptcy is beneficial to all parties by distributing settlement payments more evenly and effectively than trial courts in which some litigants receive substantial payouts, while others are left with nothing.

The gist of the 3rd Circuit decision was this is not a case – a profitable company making an affiliate to accept the legal burden and declare bankruptcy Congress considered when it was drafting the Bankruptcy Code. But it also said that the entity was financially difficulty because J&J assured it of unlimited funding.
So J&J jumped on the unlimited funding aspect of the contract and did not promise to provide unlimited funding for litigation. The company claims that new financing agreements with its subsidiary addresses the appeals court’s concerns, while offering funds to pay claims. As if providing victims with less money will solve the underlying issue.

Lawyers representing cancer victims who oppose the agreement counter the agreement with what is countering legal nonsense with legal absurdity: J&J fraudulently transferred $50 billion in assets away from LTL Management to circumvent the appeals court’s decision. Hyperbole did not go unnoticed attorneys representing the victims claim it the biggest “fraudulent move that has occurred in United States history.”

Despite the legal jargon, J&J does not really believe that this bankruptcy will last. However, it’s a means of trying to push this $8.9 billion settlement, and to keep the pressure on plaintiffs.

April 10, 2023 update: Bloomberg offers an informative piece on a law that has been passed within New Jersey that is shedding new light on the funding of litigation in the baby powder Class action suit. Funders for litigation Virage Capital Management and TRGP Capital invested in hundreds of claims against Johnson & Johnson (J&J) regarding talc products, in exchange for a share of any wins. J&J is now willing the payment of $8.9 billion to settle lawsuits.

The involvement of the funders is public knowledge because of an New Jersey court rule requiring the disclosure of certain information about funding sources outside of the. The law is designed to respond to the increasing calls for regulation of litigation funders. J&J has to deal with more than 60,000 lawsuits when you include federal and state baby powder lawsuits. Third-party funding for mass tort lawsuits is not without its pros and pros and. However, there is no doubt that we are seeing how third-party funding can level the playing field between individuals and large corporations in court.

April 4, 2023 Update: It is fun to watch the worm turning in this litigation. J&J suffered another setback this week, when the Third Circuit denied J&J’s request to keep the automatic stay in place while J&J appeals a bankruptcy decision before the U.S. Supreme Court. This automatic stay froze thousands of talcum powder cases and prevented new lawsuits from being filed ever since J&J initiated the controversial effort to spin talc-related liabilities off into a bankrupt company over one year back. Revlon talc lawsuit. After the 3rd Circuit ruled that this bankruptcy was insufficient only a few months back, the stay was lifted. J&J was hoping to have it stayed in place until its 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 odds that the Supreme Court is willing even to take up the appeal? Low.
March 16th 2023 Update: With the bankruptcy stay having been fully lifted, the first new cases have been filed and transferred into the class action involving talcum powder MDL in over one year. Seven new talc-related lawsuits were brought into the MDL in the last month, bringing the total number of cases pending to 37,522.

February 25, 2023 Update This morning, a Congressmen from Tennessee is now calling for the U.S. Government Accountability Office (GAO) begin an investigation into the cost J&J talc products have cost the government over the decades.
Recently, in an open letter to the GAO, Rep. Steven Cohen (D-Ten.) accused J&J of failing to recognize the dangers of its talc product for long while tax dollars spent on treating people who suffered injuries from exposure to the products. The suit comes just a few days after J&J’s significant loss in the 3rd Circuit Court of Appeals.

Revlon talc lawsuit. J&J needs to start making reasonable settlement offers for victims in order to put all of this behind it. It’s a mark on one of the top companies.

February 14 2023 Update: During a hearing today 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.

 

You May be Entitled to Significant Compensation Revlon talc lawsuit. 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!

 

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