You May be Entitled to Significant Compensation Does talc cause cancer reddit. 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 $440 million US state AGs. Does Talc Cause Cancer Reddit .
Johnson & Johnson (JNJ.N) has put the amount of $400 million for resolving U.S. state consumer protection actions as part of a broad $8.9 billion plan to settle claims that its Baby Powder as well as other talc items cause cancer. Does talc cause cancer reddit.
J&J subsidiary LTL Management filed a bankruptcy plan in New Jersey late on Monday which outlines how the company plans to pay different kinds of cancer sufferers in a bankruptcy settlement. Does talc cause cancer reddit. J&J has declared that its Talc products are safe and won’t cause cancer. The company is trying for the second time to end more than 38,000 lawsuits in bankruptcy, as well as prevent new lawsuits from arising in the near future.
LTL’s bankruptcy plans would deposit $400 million to a separate trust for claims made in state courts by attorneys general alleging that J&J did not comply with state unfair business practices as well as consumer protection laws by misinforming consumers regarding the safety of its talc products.
Some states had started consumer protection measures against J&J before LTL’s first bankruptcy filing prevented these investigations from progressing in 2021. Does talc cause cancer reddit. New Mexico and Mississippi had already launched suits for damages against Johnson & Johnson before then and states like Arizona, Maryland, North Carolina, Texas and Washington had issued civil investigative demands or subpoenas in LTL’s court filings.
New Mexico and Mississippi have filed a petition to end LTL’s bankruptcy in a joint move with cancer victims as well as those affected by cancer and the U.S. Justice Department’s bankruptcy watchdog. They have argued that a profitable business like J&J does not qualify for bankruptcy protections meant for those struggling with debt.
The first time LTL attempted to settle the lawsuits in bankruptcy was dismissed after similar arguments. A U.S. appellate court determined it was not LTL had not been in “financial trouble” and ineligible for bankruptcy protection. Does talc cause cancer reddit. LTL declared bankruptcy a second time just over two hours after the decision to dismiss, arguing that its second attempt was different as it had less money and had a greater chance of securing a settlement.
New Mexico and Mississippi said in their motion for dismissal that LTL’s new bankruptcy violates state law enforcement powers by trying to unilaterally cap the liability of the company for state consumer protection laws.
Does Talc Cause Cancer Reddit
LTL’s recent filings also provided additional details about how the company would assess and settle cancer claims in the event that the bankruptcy plan is approved.
The largest amount of money under the settlement would be $500,000 for people 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 provides discounts based on the kind and severity of the cancer, the person’s age, previous usage of talc and other variables. Does talc cause cancer reddit. For instance, a woman who used talc products weekly, had the family history of ovarian cancer, and was diagnosed with stage II ovarian cancer at age 55 might qualify for a $21,125 payment according to the plan.
Judge decides J&J and talc opponents to engage in settlement talks.
Following another round of hearings in Johnson & Johnson’s attempt to use a Texas Two-Step bankruptcy strategy for talc litigation, federal bankruptcy Judge Michael Kaplan has ordered the company as well as those who oppose the move to conduct settlement talks, Bloomberg reports.
With its second bankruptcy attempt for LTL Management, a subsidiary set up by J&J to hold the claims–the company offered a settlement of $8.9 billion. Does talc cause cancer reddit. While one firm representing plaintiffs support the offer, another group opposes the move.
In the last week, an opposition group, known as”The Official Committee of Talc Claimants requested the bankruptcy court to disqualify the petition by arguing that LTL can not be considered in financial hardship.
“The filing is a desperate and legally ineffective attempt by a handful of law firms to stop claimants from deciding on the resolution plan–a plan the vast majority of claimants approve of,” J&J’s litigation chief Erik Haas, said in an announcement. Does talc cause cancer reddit. “The law firms who filed the filing are pursuing financial interests which do not align with, diverge from, and oppose the interests of their clients. We’ll soon submit an answer to the appellate court.”
Does talc cause cancer reddit. Clay Thompson, a lawyer for MRHFM which includes more than mesothelioma patients who have sued J&J claimed that the company’s second bankruptcy try is likely to fail.
“J&J issue press releases describing how fantastic the plan is but simultaneously insisting that the plan’s details, including what the individual sick individuals would receive,” Thompson said in an announcement. “What is J&J’s plan to keep secret?”
Kaplan has directed the parties to devise a second reorganization plan, under supervision of two mediators.
The court in February of 2022 Kaplan stated that J&J’s recourse to Chapter 11 to hasten a settlement that would free J&J from the tens of thousands of claims related to its talcum-based products.
In the month of January, an appeals court of the federal government overturned the ruling, ruling that the company could not be considered to be in “financial trouble.”
The J&J’s plan to challenge the U.S. Supreme Court was rejected on April 1, J&J was granted a second petition for bankruptcy just two hours after. In response, Kaplan froze the lawsuits for 60 days, allowing the company to decide whether or not to approve the second bankruptcy.
J&J’s unstoppable profit engine sputters after $6.9B settlement charge for talc.
With 2 Chapter 11 attempts, J&J has gotten 19 months of which cases were placed suspended. Does talc cause cancer reddit. The company wants claimants to vote on accepting their settlement. J&J will require 75% support in order for the agreement to be accepted.
In addition to the team of talc lawyers that criticized the bankruptcy of the company, the U.S. Trustee which is a division from the U.S. Department of Justice was also the one to file a motion to dismiss the second bankruptcy case of LTL.
In a recent filing, U.S. trustee Andrew R. Vara wrote that the the bankruptcy court remain “open to honest but unfortunate debtors.” Those doors “are not open to parties that do not have a legitimate objective or seek to use the bankruptcy process to hinder or delay their creditors.” Vara continued.
On the other hand, J&J maintains there is no proof conclusive that their talc products, including its iconic baby powder, cause cancer. J&J has taken 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 cost of going to court. It has won most of the cases decided in court, however some losses have been very severe.
A well-known trial in Missouri resulted in a $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 cases involving talc, which are appealing or concluded. In 41 trials 32 have resulted in the favor of J&J, a mistrial or plaintiff verdicts that were reversed in appeal. Does talc cause cancer reddit. Additionally, the company in 2020 negotiated to settle over 1000 cases at a cost of $110 million. Bloomberg published at the time.
Talcum Baby Powder Ovarian Cancer Lawsuit – Does Talc Cause Cancer Reddit
Our lawyers handle baby powder cases in every state. The lawsuits involving talcum powder against Johnson & Johnson have been ongoing for years. Does talc cause cancer reddit. The lawsuits allege that prolonged use of the powder (or “talc”), the active ingredient in products such as baby Powder or Shower to Shower which can cause ovarian cancer in some women.
This page provides an J&J talc power litigation update and explains how the forthcoming bankruptcy ruling will impact the final settlement amount of the cases of ovarian cancer.
Have you reached the deadline by which you to bring a talcum lawsuit? Many who believe the statute of limitations has passed to sue Johnson & Johnson are wrong. Call us today at 800-553-8082 or get a no-cost, quick case review online.
Johnson and Johnson Talcum Powder Lawsuit Update 2023 – Does Talc Cause Cancer Reddit
June 2 2023 Update: During the asbestos talc case in California yesterday, a few technical issues interrupted the opening statements of the defense lawyers. Does talc cause cancer reddit. The jurors, attending from home via Zoom however, heard Johnson &Johnson’s lawyer express doubt about the science of the 70s claiming asbestos was present in their product prior to the trial was abruptly closed.
Meanwhile, the plaintiff was able to present an initial witness Arthur Langer. Langer explained that the occurrence of other minerals alongside talc is inevitable. He claimed that his group had notified J&J in 1971 of the presence of chrysotile asbestos in the talc manufactured by the company, though with lower than 0.1 percent. The asbestos was discovered by him in 1976.
June 1st, 2023 Update: Does talc cause cancer reddit. First trial after J&J has decided to separate its talc division, and then declare bankrupt marks a pivotal moment within the ongoing lawsuit saga. Trial started on Monday in the heartbreaking case of a young, 24-year-old plaintiff, diagnosed with an aggressive and rare form of mesothelioma earlier this year. a diagnosis lawyers on both sides agree is a harrowing tragedy.
Opening statements revealed stark differences in each side’s story. The attorney representing the plaintiff aimed his ire at Johnson & Johnson, alleging the use of deceptive methods in their research practices as well as throughout the litigation process. The attorney claims that, according to Johnson & Johnson attempted to alter the definition of asbestos, in spite of internal documents from 1978 and 1994 showing that 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 lawsuit and its distinctive issues in comparison to other lawsuits involving talcum powder, a verdict favoring the plaintiff could inflict the company with a major setback in its hope of gaining broad acceptance for the settlement they have proposed among plaintiffs.
May 31st, 2023: Update from Johnson and Johnson’s bankrupt talc business vigorously defended it’s Second Chapter 11 filing in the facing challenges from the talc injury plaintiffs. In a written objection to the New Jersey bankruptcy court, J&J’s subsidiary claimed that the situation was vastly different from the prior filing. The subsidiary emphasized the record-breaking commitment of $8.9 billion by J&J which is the largest settlement ever in an bankruptcy case involving mass torts. Does talc cause cancer reddit. There was no mention of how the amount of the settlement signifies that it’s an equitable settlement. J&J also claimed support from several plaintiffs’ legal firms that represent over 60,000 claimants. It is difficult to confirm however it is likely to be incorrect.
May 24 2023 Update: Following Johnson & Johnson’s bankruptcy in 2021 filing, the very first trial on the cosmetic talc products it claims to containing asbestos is set to start jury selection on Monday in California at Alameda County Superior Court, the most favored location for plaintiffs. Plaintiff claims that mesothelioma was caused by asbestos exposure resulting from J&J’s products and the company is denying. The trial also includes six retailers accused of selling talc products.
May 22nd, 2023 Update: Lawyers involved in the 2nd J&J talc bankruptcy are disputing who should be chosen to fill the post of future claims representative, a role that is critically important to resolving the claim for talc. Does talc cause cancer reddit. Randi Ellis, a lawyer who regularly appears in MDLs all over the nation was appointed the claims representative during the first bankruptcy. J&J’s defense group wants Ellis to be appointed in that position yet again, but the lawyers for the talc plaintiffs have raised objections due to the fact that Ellis has conflicts of interest that would prevent her from taking on that role for the second time. The conflict stems from the fact that Ellis was involved in drafting the controversially contested second bankruptcy, which raises doubts regarding her capacity to remain neutral. The reality is the bankruptcy will get dismissed anyway.
May 17, 2023 Update The pretend company J&J made up to handle the bankruptcy of talc informed the New Jersey bankruptcy court that they have designated $400 million to pay the claims of states that accuse J&J of misleading marketing for its talc product. Does talc cause cancer reddit. It’s a $8.5 billion settlement for cancer victims. It’s hard to imagine any scenario in which J&J can get the baby powder settlements given these numbers. While J&J’s proposed $8.5 billion offer seems like a large sum initially, it does not look very appealing after you calculate the figures. The settlement plan based on our estimates – will not offer victims anything more than a median settlement of $100,000 per case. This isn’t enough.
May 15th 2023 Update J&J may be in the middle of a lawsuit from an advocacy group representing cancer victims. Does talc cause cancer reddit. The group claims J&J intentionally canceled a $61.5 billion fund-raising agreement with its subsidiary, LTL Management LLC, in order to create a false sense of financial distress and confirm the unit’s Chapter 11 bankruptcy filing. The group claims that this move is a fraud transfer of rights of victims’ compensation. They are planning to study J&J’s actions as a result of the denial of the LTL’s bankruptcy case in its first instance.
May 10, 2023 Update: Next week, the U.S. Bankruptcy Court in New Jersey will hear oral arguments on a motion to reject the second bankruptcy filing from J&J subsidiary LTL Management. In the meantime LTL Management has filed an Order calling for both parties to take part in a new settlement negotiation with the hopes of achieving a global settlement deal can come to fruition.
May 5, 2023 Update: The talc supplier Whittaker, Clark & Daniels filed for Chapter 11 bankruptcy due to many lawsuits claiming that its talc products caused cancer through asbestos exposure. Does talc cause cancer reddit. Over 2,700 people have sued the firm, and it was spending $1 million a month on legal defense. The company’s recent $29 million verdict at the Supreme Court of South Carolina forced it to pursue bankruptcy protection, and arguing for an equitable distribution of assets to talc claimants, rather than being taken by the receiver. Other suppliers of talc have filed for bankruptcy due to litigation.
May 4, 2023, Update U.S. Bankruptcy Judge Michael Kaplan has directed Johnson & Johnson to resume talks with lawyers who rebuffed the company’s $8.9 billion deal. It was in Trenton, New Jersey yesterday the parties appeared before a judge to discuss the next steps to take in this second case of bankruptcy and Judge Kaplan encouraged further settlement talks.
This is the way to resolve the claims of J&J. The baby powder settlement is likely to be completed. Does talc cause cancer reddit. But it’ll need more money, more billions of dollars coming from Johnson & Johnson.
Lawyers are split on whether to accept the proposal and not all clients see this issue the same way their lawyer does. The second bankruptcy case is bound to fail, and Judge Kaplan has scheduled a hearing for June to decide whether to discharge the bankruptcy for the 2nd time.
May 3 2023 Update: A group representing cancer victims suing Johnson & Johnson (J&J) asked for J&J’s Third Circuit halt the bankruptcy filed by J&J subsidiary LTL Management, claiming it is a bid to stop the litigation surrounding talc-based products. The committee representing talc claimants filed a motion on Tuesday asking that the Third Circuit to consider their case and then send it back an earlier court with instructions for dismissing the bankruptcy. Does talc cause cancer reddit. They also asked that stopped tort litigation against J&J allow the litigation to proceed.
LTL applied for Chapter 11 protection once again after its first bankruptcy filing was denied by the Third Circuit earlier this year, offering the possibility of an $8.9 billion settlement. The committee believes that the recent ruling which allowed LTL’s 2nd Chapter 11 to continue, in addition to halting trials against J&J is a reason for urgent Third Circuit review. The US Trustee has also requested the New Jersey bankruptcy court dismiss the LTL bankruptcy case. J&J’s vice president for global litigation, Erik Haas, was quoted by Bloomberg saying that J&J intends to file a formal response in the appeals court saying that the filing is a “desperate and legally inadequate move” by a select group of law firms with conflicting financial interests.
May 1, 2023 Update: One frequently asked question is how plaintiffs and their attorneys turn on $8.9 billion. That’s of course an immense amount of money. But there are plenty of victims. Does talc cause cancer reddit. These are an excellent claims for plaintiffs. We were reminded of this last week in two talc trials which resulted in big verdicts for plaintiffs. In February mesothelioma cases, a talcum powder trial in Oregon resulted in the verdict worth $18.1 million. The following month, a second mesothelioma-related talc case went to trial within South Carolina and resulted in an award of $29 million in favor of plaintiff. In both instances, the defendant was Whittaker, Clark & Daniels Inc. one of the largest manufacturers of talc in U.S.
April 30, 2023 Update: When J&J first tried to bring the lawsuit over talcum powder into bankruptcy, they came with an offer to set 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 around, however, J&J has increased the offer to $8.9 for talc-related plaintiffs if they agree to a bankruptcy settlement and they also have the support of a substantial segment of the talc plaintiffs as well as their lawyers. Does talc cause cancer reddit. But 75% of the talc plaintiffs, which is needed for approval of the bankruptcy plan is a difficult road with so many lawyers with large collections of baby powder-related lawsuits, opposed to the settlement.
What are the solutions to the impasse? More billions.
April 25, 2023 Update Talc cancer claimants have asked a judge to reject the Chapter 11 case filed by LTL Management LLC, a absurdly fabricated Johnson & Johnson subsidiary, which claims that the business is not financially troubled. LTL has filed for Chapter 11 to settle tens of thousands of claims that J&J’s baby-powders caused cancer. Does talc cause cancer reddit. The 3rd Circuit dismissed its first Chapter 11 case in January The court ruled that LTL was not a candidate for bankruptcy relief as it did not show financial stress.
The claimants contend that LTL’s second Chapter 11 case is an fraud on the bankruptcy system and that the case is being handled in bad faith. J&J says the bankruptcy settlement is backed by “significant support” from companies representing an estimated 60,000 plaintiffs. It’s safe to say that lawyers representing plaintiffs and victims ‘ lawyers are divided on what they believe is an $8.9 billion amount of settlement offered.
April 21st, 2023 Update A bankruptcy judge has ruled that Johnson & Johnson must face new lawsuits claiming that the company sold a baby powder that contained a chemical that causes cancer. Although the trials for the lawsuits involving talc are delayed for a minimum of 60 days and new lawsuits are able to be filed and lawyers can begin preparing their cases. Does talc cause cancer reddit. The judge expressed his doubts about J&J’s ridiculous effort to revive its strategy with the second bankruptcy case.
April 13th, 2023 Update: biggest update is about the $8.9 billion over the next 25 years of settlement. Lawyers representing cancer patients within the MDL class action have promised to fight the settlement along with the talc claimants. Why? They feel it’s too little money for the 70 000 cancer patients. Does talc cause cancer reddit. The lawyers say that J&J should seek a bigger settlement or litigate individual claims if the most recent bankruptcy is thrown out.
There is a different set of lawyers who are not part of the top leadership in the class action. The lawyers collectively have accumulated 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. Their argument is two-fold. They argue that the settlement of around an average of $100,000 per plaintiff – is fair.
That is a hard argument to prove. The second argument is more force: victims should now not wait and they want to get their money right now.
April 12 2023 Update: People are wondering if J&J can go through bankruptcy again. The answer is complex and confusing. Let’s try to simplify it in simple terms.
Johnson & Johnson asserts that bankruptcy is the only option to deal with both present and future lawsuits involving talc conclusively. In other words, it thinks it will pay less if there is a bankruptcy element that creates pressure to negotiate a settlement. Does talc cause cancer reddit. Going back to hundreds of years of American past, the company argues that bankruptcy benefits all parties because it distributes settlement payments more evenly and effectively than trial courts, which are where litigants get significant awards while others receive nothing.
The gist in this 3rd Circuit decision was this is not a case of a profitable company making subsidiaries to meet the legal risk and declare bankruptcy, which is what Congress contemplated when drafting the Bankruptcy Code. However, the court also ruled that the entity was financially trouble due to the fact that J&J promises unlimited funding.
Then J&J took advantage of the unlimited funding portion of the deal and didn’t promise to fund unlimited cases. The company says that its revised financing arrangements with its subsidiary addresses the appeals court’s concerns while still providing funds for claims. As if providing victims with less money will solve the overarching problem.
Attorneys representing cancer patients who do not agree with the agreement counter the agreement with what is countering legal nonsense with legal nonsense: J&J fraudulently transferred $50 billion in assets away from LTL Management to circumvent the appeals court’s ruling. The hyperbole wasn’t spared by the victims’ lawyers, who call it the most significant “fraudulent deal ever in United States history.”
Despite the legal jargon, J&J does not really think this bankruptcy will survive. But it is a way to push for this $8.9 billion settlement through and maintain pressure on plaintiffs.
April 10 2023 update: Bloomberg has an interesting report on a brand new law within New Jersey that is shedding new light on the funding of litigation in the Class action suit. Funders of litigation Virage Capital Management and TRGP Capital invested in hundreds of lawsuits in the case of Johnson & Johnson (J&J) over talc products in exchange for a percentage of any profits. J&J is now willing the payment of $8.9 billion to settle all lawsuits.
The involvement of funders is public information because of an New Jersey court rule requiring the release of certain details about outside funding backers. The rules aim to address the rising calls for regulation of the litigation funders. J&J faces over 60,000 claims when you include federal and state Baby Powder lawsuits. Third-party funding in mass tort claims is not without its pros and cons. There is no doubt that we are seeing how third-party funding could level the playing field between individual as well as large corporations in court.
April 4, 2023 Update: It is enjoyable to see 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 extend the automatic stay while J&J appeals a bankruptcy decision to the U.S. Supreme Court. This automatic stay halted thousands of talcum cases and stopped new lawsuits from arising ever since J&J launched the controversial attempt to spin the talc liabilities off into a bankrupt subsidiary over a year ago. Does talc cause cancer reddit. After it was decided that the 3rd Circuit ruled that this bankruptcy was insufficient just a few months ago the stay was lifted. J&J had hoped to have it continued pending hearing the SCOTUS appeal. 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. There is a chance that the Supreme Court is willing even to consider the appeal? Low.
March 16th 2023 Update: with the bankruptcy stay being fully lifted, the first new cases were filed and incorporated into the class action involving talcum powder MDL in the space of a year. Seven new talc lawsuits were brought into the MDL over the last month increasing the number of pending cases up to 37,522.
February 25, 2023 Update 2023 Update: A Congressmen from Tennessee is now calling for the U.S. Government Accountability Office (GAO) start an investigation to determine how much J&J products containing talc have cost the government in the many years.
A recent email addressed to the GAO, Rep. Steven Cohen (D-Ten.) claimed that J&J of not recognizing the risks of its talc product for decades while tax dollars were utilized to treat people injured by exposure to the products. The lawsuit comes just a few weeks following J&J’s dramatic loss in the 3rd Circuit Court of Appeals.
Does talc cause cancer reddit. J&J must begin making reasonable settlements to victims, in order in putting this behind. This is a blemish on one of the most prestigious businesses.
February 14 2023 Update: During an earlier hearing at the hearing in New Jersey, U.S. Bankruptcy Judge Michael Kaplan announced his intention in light of his 3rd U.S. Circuit Court of Appeals ruling to dismiss the bankruptcy case.
You May be Entitled to Significant Compensation Does talc cause cancer reddit. 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!