You May be Entitled to Significant Compensation Baby liquid 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 talc settlement would make payments of 400 million dollars to US state AGs. Baby Liquid Talc Powder .
Johnson & Johnson (JNJ.N) has set the amount of $400 million for resolving U.S. state consumer protection actions as part of a broader $8.9 billion deal to settle allegations that its Baby Powder and other talc-based product causes cancer. Baby liquid talc powder.
J&J 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 in the bankruptcy settlement. Baby liquid talc powder. J&J has said that its talc products are safe and do not cause cancer. J&J is seeking a second time to resolve more than 38,000 lawsuits brought in bankruptcy, and to prevent any new cases from arising in the near future.
The bankruptcy plan of LTL would pay $400 million to an additional trust to settle lawsuits filed with state attorneys general claiming that J&J violated laws against unfair business practices in the State of New York and consumer protection laws, by deceiving consumers regarding the security of its talc-based products.
A number of states had already initiated consumer protection lawsuits against J&J prior to LTL’s bankruptcy filing prevented these investigations from progressing in 2021. Baby liquid talc powder. New Mexico and Mississippi had already initiated suit with Johnson & Johnson before then as well as the states of Arizona, Maryland, North Carolina, Texas and Washington had issued subpoenas or civil investigative demands, according to LTL’s court documents.
New Mexico and Mississippi have decided to declare LTL’s bankruptcy unfinished as well as cancer patients as well as their counterparts from the U.S. Justice Department’s bankruptcy watchdog. They have argued that a successful firm like J&J does not qualify for bankruptcy protections aimed at people with debt problems.
The first time LTL attempted to settle the bankruptcy cases was dismissed after similar arguments. In the end, a U.S. appellate court decided the LTL had not been in “financial distress” and thus not eligible under bankruptcy law. Baby liquid talc powder. LTL declared bankruptcy a second time within two hours of the dismissal, saying that its second attempt was different in that 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 LTL’s renewed bankruptcy violates the law enforcement powers of the state by attempting unilaterally to cap the company’s liability for state consumer protection actions.
Baby Liquid Talc Powder
LTL’s new filings also included more information on the way in which the company will evaluate and pay claims for cancer when the bankruptcy plan is approved.
The maximum amount under the settlement would be $500,000 to those diagnosed with mesothelioma terminal prior to age 45 and $260,000 for those diagnosed with advanced ovarian cancer before age 45.
From there, the proposed settlement offers discounts based on the severity and type of cancer, the individual’s age, previous usage of talc and other variables. Baby liquid talc powder. For example an individual who was using daily talc products, had a family history of ovarian cancer and was diagnosed Stage II cancer of the ovary at age 55 could be in line for a $21,125 payout according to the plan.
Judge ordains J&J and talc opponents take part in settlement talks.
Following another round of hearings in Johnson & Johnson’s effort to utilize a Texas Two-Step bankruptcy strategy to settle talc lawsuits, federal bankruptcy Judge Michael Kaplan has ordered the company and those opposed to the plan to enter into negotiations to settle the matter, Bloomberg reports.
With its second bankruptcy attempt for LTL Management–a subsidiary established by J&J to handle the claims company offered a settlement amounting to $8.9 billion. Baby liquid talc powder. While one group of law firms representing plaintiffs agree with the settlement, a different group opposes the move.
The previous week, the opposition group, dubbed the Official Committee of Talc Claimants requested the bankruptcy court to dismiss the case argument that LTL cannot be regarded as in financial hardship.
“The filing is a desperate and legally ineffective attempt by a few of law firms to try to prevent claimants from voting on the resolution plan – a plan the vast and growing majority of claimants support,” J&J’s litigation chief Erik Haas, said in an announcement. Baby liquid talc powder. “The law firms who filed the filing are pursuing financial interests which conflict with, contradict and contravene those they represent. We’ll be submitting a response an appeal to the appellate court.”
Baby liquid talc powder. Clay Thompson, a lawyer for MRHFM who boasts more than mesothelioma victims who have sued J&J claimed that the company’s second bankruptcy try is likely to fail.
“J&J publishes press release about how great its plans are, but is demanding that plan details–including what individual sick people would actually receive — be kept private,” Thompson said in an announcement. “What is J&J’s plan to hide?”
Kaplan has instructed both sides to develop a new strategy for reorganization, under supervision from two mediators.
The court in February of 2022 Kaplan acknowledged J&J’s recourse to Chapter 11 to hasten a settlement that would release the company from the thousands of lawsuits related to its talcum-based products.
However, in January of this year, an appeals court in the United States overturned the decision, ruling that the company could not be considered in “financial financial distress.”
The J&J’s plan to challenge the U.S. Supreme Court was denied the same month, J&J declared bankruptcy just two hours later. In response, Kaplan froze the lawsuits for 60 calendar days to decide whether or not to accept to file for bankruptcy again.
J&J’s omnipotent profit engine fails after $6.9B settlement charge for talc.
With 2 Chapter 11 attempts, J&J has gotten 19 months of which the cases were in limbo. Baby liquid talc powder. J&J wants the claimants to take a vote to accept their settlement. J&J will require 75% of the vote for the deal to pass.
In addition to the gang of talc lawyers that criticized the company’s bankruptcy, the U.S. Trustee which is a division of the U.S. Department of Justice has also filed an application to dismiss LTL’s second bankruptcy case.
In a recent filing, U.S. trustee Andrew R. Vara wrote that the doors of the bankruptcy court remain “open to honest, but naive debtors.” Those doors “are not open to parties that do not have a legitimate goal or who seek to use bankruptcy to hinder or delay their creditors.” Vara continued.
On the other hand, J&J maintains there is no evidence conclusive that its products containing talc, such as its famous baby powder, can cause cancer. J&J has adopted the products from the market and will first launch them for North America in 2020–and the rest of the world later this year.
J&J seeks to avoid the cost of going to trial. The company has won most of the cases decided at trial, but certain losses have been extremely punishing.
A highly-publicized trial in Missouri produced an $4.7 billion verdict against the drug maker that was later reduced to $2.1 billion after appeals.
Johnson & Johnson faces high-stakes hearing over ‘Texas Two Step’ talc strategy: report
In all, J&J has lost nine talc trials that are either being appealed or resolved. In 41 trials 32 have resulted in winning for J&J or a mistrial, or verdict of a plaintiff dismissed after appeal. Baby liquid talc powder. Separately, the company in 2020 sought to settle around 1,000 cases for $100 million, Bloomberg published at the time.
Talcum Baby Powder Ovarian Cancer Lawsuit – Baby Liquid Talc Powder
Our lawyers handle the baby powder litigation in all 50 states. The lawsuits involving talcum powder on behalf of Johnson & Johnson have been in the process for several years. Baby liquid talc powder. The lawsuits contend that the prolonged use of talcum powder (or “talc”), the active ingredient in products such as Baby Powder or Shower to Shower and Shower to Shower, could cause ovarian cancer in some women.
This page offers the J&J talc power litigation update and discusses how the upcoming bankruptcy ruling affects the final settlement amount in the Ovarian Cancer lawsuits.
Have you reached the deadline by which you to make a claim for talcum powder? Many people who think the statute of limitations has passed to sue Johnson & Johnson are wrong. Contact us now at 800-553-8082 or get a no-cost, quick case review online.
Johnson and Johnson Talcum Powder Lawsuit Update 2023 – Baby Liquid Talc Powder
June 2, 2023 Update: During the asbestos talc case in California yesterday, some technical issues halted the opening statement by the defense lawyers. Baby liquid talc powder. Jurors at home via Zoom but did not hear Johnson and Johnson’s lawyer express skepticism about the 70s science asserting the presence of asbestos in their product, but the opening was abruptly ended.
In the meantime, the plaintiff was able to introduce their first witness, Arthur Langer. Langer said that the presence of other minerals with the talc’s mineral content is inevitable. He also testified that his team informed J&J in 1971 of the presence of asbestos chrysotile in the talc of the company, but in less than 0.1 percent. The asbestos was discovered by him in 1976.
June 1st, 2023 Update Baby liquid talc powder. First trial after J&J decided to spin off its talc segment and file for bankruptcy marks an important point in the ongoing talc lawsuit drama. Trial began yesterday in the harrowing trial of a young plaintiff who was diagnosed with an extremely rare and aggressive form of mesothelioma in the past year, an illness that lawyers on both sides of the argument agree is a grave tragedy.
Opening statements revealed sharp differences in the two sides’ story. The plaintiff’s attorney took aim against Johnson & Johnson, alleging that the company employed deceitful tactics in research practices and throughout the litigation procedure. The attorney claims that, according to, Johnson & Johnson tried to alter the definition of asbestos despite internal documents dating back to 1978 and 1994 showing that asbestos fibers that were found in the plaintiff’s tissue are included.
Johnson &J’s highly uncertain $8.9 billion settlement is hanging in the balance with the development of the trial. Despite the particularity of this mesothelioma-related case and its distinct issues compared to other talcum powder lawsuits, a verdict favoring the plaintiff could inflict an unintended setback to Johnson & J’s hopes of broad acceptance of their settlement proposal among plaintiffs.
May 31st 2023 Update: Johnson & Johnson’s bankrupted talc unit has vigorously defended the Second Chapter 11 filing in the in the face of challenges from victims of talc injuries. In an opposition filed with the New Jersey bankruptcy court, J&J’s subsidiary claimed that the filing was fundamentally different from the prior filing. It highlighted the extraordinary commitment of $8.9 billion to J&J as the largest settlement ever in any bankruptcy case that involves mass tort. Baby liquid talc powder. The issue is not discussed: whether the amount of the settlement means it is a fair settlement. J&J also claimed support from various plaintiffs’ law firms representing more than sixty thousand claimants. This is difficult to verify however it is likely to be incorrect.
May 24 2023 Update: Following Johnson & Johnson’s bankruptcy in 2021 filing, the very first trial regarding its cosmetic talc products that are believed to comprised of asbestos is set to begin jury selection on Monday in California with Alameda County Superior Court, an historically reliable place for plaintiffs. The plaintiff asserts that his mesothelioma is the result of asbestos exposure resulting from J&J’s products which the company denies. The trial also involves six retailers who are accused of selling talc-based products.
May 22nd, 2023 Update: Lawyers in the 2nd J&J talc bankruptcy are fighting over who should be chosen to fill the role of the future claims representative, the role is crucially critical to resolving claims involving talc. Baby liquid talc powder. Randi Ellis, a lawyer who regularly appears in MDLs throughout the United States, was appointed as the claims representative in the initial bankruptcy. J&J’s defense team would like Ellis to be named to the position yet again, but the lawyers for the plaintiffs in talc are arguing due to the fact that Ellis has a conflict of interest that should prevent her from taking on that role once more. The issue stems from the possibility that Ellis was involved in drafting the controversially contested second bankruptcy, which raises doubts about her capacity to be neutral. The reality is this bankruptcy could be dismissed in the end.
May 17, 2023 Update The pretend company that J&J formed for the talc litigation bankruptcy informed the New Jersey bankruptcy court that they had allocated $400 million to settle claims of states that accuse the company of deceptive advertising regarding its talc products. Baby liquid talc powder. It’s a $8.5 billion settlement for cancer victims. It’s difficult to envision the scenario in which J&J will be able to push these baby powder settlements through in these figures. While J&J’s proposed $8.5 billion offer may seem like a large sum at first, it does not look very appealing when you consider the math. The proposed settlement based on our rough calculations would not offer victims anything more than an average settlement $100,000 per instance. That’s not enough.
May 15th, 2023 Update J&J might be facing lawsuit from an advocacy group that represents cancer patients. Baby liquid talc powder. The group argues that J&J intentionally canceled an $61.5 billion fund-raising agreement together with its parent company, LTL Management LLC, to simulate financial stress and to validate the company’s Chapter 11 bankruptcy filing. The group claims that this move is a fraud transfer of rights of compensation for victims. They plan to explore J&J’s actions after the announcement of the denial of the first bankruptcy case of LTL.
May 10, 2023 Update: Next week this week, this week the U.S. Bankruptcy Court in New Jersey will hear oral arguments regarding a motion to dismiss the second bankruptcy petition filed by J&J subsidiaries LTL Management. In the meantime, however, this bankruptcy court has issued an Order calling for both parties to take part in a second settlement mediation hoping that a global settlement deal can reached.
May 5 2023: Update on Talc supplier Whittaker, Clark & Daniels filed for Chapter 11 bankruptcy due to many lawsuits claiming that its talc products caused cancer through asbestos exposure. Baby liquid talc powder. More than 2700 people have filed lawsuits against the company, and it was spending $1 million a month for legal defense. The company’s most recent $29 million settlement in South Carolina forced it to pursue bankruptcy protection, and arguing for a fair distribution of assets to talc claimants, rather than being confiscated by the receiver. Other talc suppliers have also filed for bankruptcy due to legal proceedings.
May 4, 2023, Update U.S. The bankruptcy Judge Michael Kaplan has directed Johnson & Johnson to restart negotiations with lawyers who turned down the company’s proposed $8.9 billion offer for settlement. It was in Trenton, New Jersey yesterday, the parties gathered in court to discuss the next steps for another bankruptcy proceeding and Judge Kaplan encouraged further settlement talks.
This is the way to settle these claims for J&J. A baby powder settlement could be made. Baby liquid talc powder. However, it’ll require more money – more billions of dollars by Johnson & Johnson.
Lawyers are divided on whether or not to agree with the proposal and not all clients see this issue the same way their attorney does. The second bankruptcy case is expected to fail and Judge Kaplan has set a date for a hearing in June to determine whether to close the case for the third time.
May 3 2023 Update A group of cancer patients suing Johnson & Johnson (J&J) demanded that J&J’s Third Circuit halt the bankruptcy filed by J&J subsidiary LTL Management, claiming it is an attempt to halt the litigation surrounding talc-based 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 before a court of lower jurisdiction with instructions to dismiss the bankruptcy. Baby liquid talc powder. They also requested that the halted tort litigation against J&J allow the litigation to proceed.
LTL filed for Chapter 11 protection once again after its first bankruptcy filing was rejected by the Third Circuit earlier this year and offered an $8.9 billion deal. The committee argues that the recent ruling which allowed LTL’s third Chapter 11 to continue, and also stopping trials against J&J and J&J, requires the immediate Third Circuit review. The US Trustee has also 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 intends to file a formal response to the appeals court saying that the filing is a “desperate and legally flawed plan” by a select group of law firms with conflicts of financial interests.
May 1st 2023 Update: A question people keep asking is how could plaintiffs and their lawyers be able to turn off $8.9 billion. Of course, it’s quite a sum. But there are a lot of victims. Baby liquid talc powder. These are an excellent case for plaintiffs. We have been reminded of this recently with two talc trials ended in large verdicts for the plaintiffs. In February mesothelioma cases, a talcum powder trial in Oregon ended in a verdict of $18.1 million. The following month, a second mesothelioma-related talc case went to trials on the other side of South Carolina and resulted in an award of $29 million for the plaintiff. The defendant in both cases was Whittaker, Clark & Daniels Inc. one of the most prominent suppliers of talc within the U.S.
April 30th 2023 Update: When J&J initially tried to take the litigation over talcum powder into bankruptcy, they came with an offer to put aside $2 billion for settlements. This was an absurdly low amount. There was no one among the talc victims who were in favor of the offer. This time, J&J has increased the offer to $8.9 If the talc plaintiffs will allow a bankruptcy settlement and also has the support of a large portion of the talc plaintiffs and their attorneys. Baby liquid talc powder. However, 75% of plaintiffs of talc are required to approve bankruptcy plans It’s a long and difficult process with so many lawyers with huge collections of baby powder-related lawsuits, opposed to the settlement.
What is the solution to this impasse? More billions.
April 25, 2023 update: Talc Cancer victims have demanded a judge disqualify the Chapter 11 case filed by LTL Management LLC, a absurdly fabricated Johnson & Johnson subsidiary, declaring that the company isn’t financially strained. LTL filed for Chapter 11 to settle tens of thousands of claims that J&J’s baby powders caused cancer. Baby liquid talc powder. It was the 3rd Circuit dismissed its first Chapter 11 case in January and said that LTL was not a candidate for bankruptcy relief since it was unable to demonstrate financial difficulties.
The claimants assert that the second Chapter 11 case is an abuse of the bankruptcy system, and that it’s being conducted in bad good faith. J&J claims the bankruptcy settlement has “significant backing” from companies representing an estimated 60,000 people who are claiming. It’s safe to say plaintiffs’ lawyers and victims are divided over this $8.9 billion deal.
April 21, 2023 Update: A bankruptcy judge has ruled the company Johnson & Johnson must face new lawsuits claiming that the company sold tainted baby powder causing cancer. Although trials for talc lawsuits are paused for at least 60 days however, new lawsuits may be filed and lawyers will begin preparing their cases. Baby liquid talc powder. Judges expressed skepticism about J&J’s attempt to relaunch its strategy in another bankruptcy case.
April 13 2023 Update: major announcement is an $8.9 billion over the course of 25 years of settlement. Lawyers representing cancer patients within the MDL class action have pledged to fight the settlement along with Talc claimants. Why? They believe it’s not enough money for 70 000 cancer patients. Baby liquid talc powder. The lawyers say that J&J should seek a bigger settlement or litigate individual claims if the latest bankruptcy is thrown out.
There is a different set of lawyers who are not part of the leadership in the class action. These lawyers have collectively amassed many thousands of cases. This group wants to settle the case now with what they believe is lower than what the victims should be paid. The argument they make is twofold. The first is that they claim the settlement – about 100,000 dollars per plaintiff is fair.
This argument isn’t easy to prove. The second argument is more force: the victims can now not wait and they want to get their money right now.
April 12, 2023 Update: People are wondering if J&J is able to file for bankruptcy once more. The answer is complex and confusing. But let’s try to explain the issue in a simple way.
Johnson & Johnson asserts that bankruptcy is the only method to address both present and future talc litigations in a definitive manner. That is, it believes that it will be less expensive should there be a bankruptcy element that creates pressure for a settlement. Baby liquid talc powder. Going back to hundreds of years of American history, the firm claims that bankruptcy benefits all parties because it distributes settlements more equally and effectively than trial courts, which are where litigants get significant settlements while others get nothing.
The basic tenet of the 3rd Circuit decision was this is not a case of a profitable company making subsidiaries to meet the legal responsibility and declare bankruptcy – Congress contemplated when drafting the Bankruptcy Code. It also clarified it was not in financial distress because J&J promises unlimited funding.
This is why J&J did not hesitate to take advantage of the unlimited funding aspect of the holding but did not pledge to fund unlimited lawsuits. The company claims that its revised financing arrangements with its subsidiary addresses the concerns of the appellate court, while offering claim payment funds. As if providing victims with less money will solve the overall issue.
Attorneys representing cancer victims who oppose the agreement counter this argument by saying that it is the legal argument. Baby liquid 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 ruling. Hyperbole was not spared by the victims’ lawyers, who call it the biggest “fraudulent deal that has occurred in United States history.”
Notwithstanding the legal mumbo jumbo, J&J does not really think this bankruptcy will survive. However, it’s a means of trying to push this $8.9 billion settlement to keep the pressure on plaintiffs.
April 10 2023, Update Bloomberg offers an informative article about a new law that has been passed in New Jersey that is shedding new light on the funding of litigation in the suit for class actions. Funders of litigation Virage Capital Management and TRGP Capital invested in hundreds of lawsuits against Johnson & Johnson (J&J) concerning talc products in exchange for a percentage of any winnings. J&J is now willing an offer of $8.9 billion to settle lawsuits.
The involvement of the funders is publicly available due to the New Jersey court rule requiring the release of certain details regarding outside funding backers. This rule is intended to tackle the growing demands for regulation of litigation funders. J&J faces over 60,000 claims when you add up federal and state child powder-related lawsuits. Third-party funding for mass tort lawsuits has both pros and pros and. However, there is no doubt that we are seeing how third-party funding could level the playing field between individual and big corporations in the courtroom.
April 4 2023 Update: It is enjoyable to see the worm turning in this lawsuit. J&J suffered another setback this week, when an appeals court in the Third Circuit denied J&J’s request to keep the automatic stay in place while J&J appeals a bankruptcy decision in the U.S. Supreme Court. It has froze thousands of talcum powder cases and stopped any new lawsuits from getting filed ever since J&J launched the controversial attempt to spin the talc debts off into a bankrupt subsidiary more than one year back. Baby liquid talc powder. After it was decided that the 3rd Circuit ruled that this bankruptcy was not valid a few months ago, the stay was revoked. J&J was hoping to have it continue in the meantime of the SCOTUS appeal. But 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 chance the Supreme Court is willing even to hear the appeal? Low.
March 16th, 2023 Update: with the bankruptcy stay being officially lifted, the very first new cases were filed and incorporated into the Talcum Powder class action MDL in just over a year. Seven new talc-related lawsuits were joined to the MDL over the last month and brought the total number of pending cases up to 37,522.
February 25, 2023 Update 2023 Update: A Congressmen from Tennessee is now requesting that the U.S. Government Accountability Office (GAO) launch an investigation to determine how much J&J product containing talc has cost the government in the years.
A recent email to the GAO, Rep. Steven Cohen (D-Ten.) in a recent letter to the GAO, Rep. Steven Cohen (D-Ten. J&J of ignoring the risks of its talc-based products for years while tax dollars were spent on treating people who suffered injuries from exposure to the products. The lawsuit comes just a few weeks after J&J’s loss to the 3rd Circuit Court of Appeals.
Baby liquid talc powder. J&J needs to start making reasonable settlements to victims to begin to put all of this behind it. It is a stain on one of the top businesses.
February 14 2023 Update: At the hearing held today in New Jersey, U.S. Bankruptcy Judge Michael Kaplan announced his intention to follow his 3rd U.S. Circuit Court of Appeals ruling to dismiss the bankruptcy case.
You May be Entitled to Significant Compensation Baby liquid 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!