You May be Entitled to Significant Compensation Is talc bad for your skin 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 settlement with talc would be worth the sum of $400 million US state AGs. Is Talc Bad For Your Skin Reddit .
Johnson & Johnson (JNJ.N) has set aside $400 million to address U.S. state consumer protection actions as part of its broad $8.9 billion plan to settle claims that its Baby Powder and other talc product causes cancer. Is talc bad for your skin reddit.
J&J subsidiaries LTL Management filed a bankruptcy plan in New Jersey late on Monday that outlines how the firm intends to pay for different types of cancer sufferers in the bankruptcy settlement. Is talc bad for your skin reddit. J&J has declared that its Talc products are safe, and won’t cause cancer. It’s trying for a second time to resolve more than 38,000 lawsuits brought in bankruptcy, and to prevent any new cases from being filed in the near future.
LTL’s bankruptcy plan would pay $400 million to an additional trust to settle claims brought in state courts by attorneys general claiming that J&J violated state unfair business practices as well as consumer protection laws by misleading consumers regarding the safety of its talc products.
Several states had begun consumer protection cases against J&J prior to LTL’s bankruptcy filing stopped those investigations from taking place in 2021. Is talc bad for your skin reddit. New Mexico and Mississippi had already initiated lawsuits in the past against Johnson & Johnson before then as well as the states of Arizona, Maryland, North Carolina, Texas and Washington had issued civil investigative demands or subpoenas, according to LTL’s court papers.
New Mexico and Mississippi have filed a petition to end LTL’s bankruptcy, joining cancer victims as well as their counterparts from the U.S. Justice Department’s bankruptcy watchdog. argue that a profit-making firm like J&J can’t benefit from bankruptcy protections intended for the struggling debtors.
The first attempt by LTL to resolve the bankruptcy lawsuits was dismissed following similar arguments. The U.S. appellate court determined it was not LTL did not have “financial difficulty” and was not eligible under bankruptcy law. Is talc bad for your skin reddit. LTL declared bankruptcy a second time less than two hours after that dismissal, arguing that the second bankruptcy was different in that there was less money available and more backing for a settlement.
New Mexico and Mississippi said in their motion to dismiss that LTL’s bankruptcy renewal violates state law enforcement powers by seeking to unilaterally limit the liability of the company in state consumer protection actions.
Is Talc Bad For Your Skin Reddit
LTL’s recent filings also provided more details on how the company plans to evaluate and pay for cancer claims when the bankruptcy plan is approved.
The largest amount of money under the settlement will be $500,000 for people diagnosed with terminal mesothelioma before age 45. Is talc bad for your skin reddit. The second payment would be $260,000 for those diagnosed with cancer of the ovary prior to age 45.
From there, the proposed settlement will offer discounts based on the kind and severity of cancer, the individual’s age, history of usage of talc and other variables. Is talc bad for your skin reddit. For example the case of a woman who used the talc product on a regular basis, had the family history of ovarian cancer and was diagnosed with stage II ovarian cancer at the age of 55 might qualify to receive a payout of $21,125 under the plan.
Judge decides J&J and talc oppositionists to take part in settlement talks.
After another round of hearings in Johnson & Johnson’s effort to implement a Texas Two-Step bankruptcy strategy to settle talc lawsuits, federal bankruptcy Judge Michael Kaplan has ordered the firm and the people who opposed the plan to hold negotiations to settle the matter, Bloomberg reports.
With its second bankruptcy bid for LTL management, a subsidiary founded by J&J to manage the claims company made a settlement offer of $8.9 billion. Is talc bad for your skin reddit. While one firm representing plaintiffs support the offer, another group is opposed to the offer.
Earlier this week, the opposition group, called the Official Committee of Talc Claimants requested the bankruptcy court to dismiss this case argument that LTL cannot be regarded as to be in financial trouble.
“The filing is an incredibly legal and 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 are in favor of,” J&J’s litigation chief Erik Haas, said in a statement. Is talc bad for your skin reddit. “The law firms that are behind this filing have financial interests that clash with, diverge from and contravene those that their customers. We’ll submit an answer to the appellate court.”
Is talc bad for your skin reddit. Clay Thompson, a lawyer for MRHFM which has more than 80 mesothelioma victims who have sued J&J, said that J&J’s second bankruptcy attempt will fail.
“J&J sends out press releases that boast about how amazing its plans are, but is insisting that the plan’s details, including what individuals with illnesses would receive,” Thompson said in an announcement. “What do they have to conceal?”
Kaplan has directed the parties to come up with another arrangement plan under the supervision and supervision of mediators.
In February 2022, Kaplan stated that J&J’s use of Chapter 11 to hasten a settlement that would relieve the company from the thousands of lawsuits related to its talcum-based products.
In the month of January, an appeals court in the United States overturned the decision, deciding that the company could not be considered in “financial financial distress.”
After J&J’s make an appeal before the U.S. Supreme Court was rejected in April, J&J applied for its first bankruptcy about two hours later. In response, Kaplan froze the lawsuits for 60 days to decide whether to allow the second bankruptcy.
J&J’s unstoppable profit engine goes out of control after $6.9B talc litigation charge.
In the two Chapter 11 attempts, J&J has bought 19 months during which cases have been suspended. Is talc bad for your skin reddit. The company wants claimants to accept their settlement. J&J would need 75% of the vote for the settlement to be approved.
In addition to the team of talc lawyers that criticized the company’s bankruptcy play and the U.S. Trustee, a branch belonging to the U.S. Department of Justice is also submitting a motion to dismiss LTL’s second bankruptcy case.
In a statement this week, U.S. Trustee Andrew R. Vara wrote that the bankruptcy are “open to honest but unfortunate debtors.” The doors “are not open to parties who do not have a legitimate bankruptcy objective or seek to use the bankruptcy process to delay or hinder their creditors.” Vara continued.
For its part, J&J maintains there is no proof conclusive that their Talc-based products, such as the famous baby powder, can cause cancer. J&J has taken its products off of the market first in North America in 2020–and the rest of the world next year.
J&J seeks to avoid the cost of going to trial. It has won the majority of cases decided in court, however certain losses have been extremely punishing.
A highly publicized trial in Missouri resulted in a $4.7 billion judgment against the drug manufacturer 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 trial involving talc that are being appealed or resolved. Of the 41 trials, 32 have ended in the favor of J&J or a mistrial, or plaintiff verdict that was dismissed in appeal. Is talc bad for your skin reddit. The company also in 2020 moved to settle more than 1000 cases for $110 million. Bloomberg announced at that time.
Talcum Baby Powder Ovarian Cancer Lawsuit – Is Talc Bad For Your Skin Reddit
Our lawyers handle baby powder lawsuits across every state. The lawsuits involving talcum powder on behalf of Johnson & Johnson have been going on for a long time. Is talc bad for your skin reddit. The lawsuits assert that long-term use of the powder (or “talc”), the active ingredient in products such as baby Powder and Shower to Shower and Shower to Shower, could cause ovarian cancer in some women.
This page provides a J&J Talc Power Update and examines how the coming bankruptcy ruling will impact the final settlement amounts in these ovarian cancer lawsuits.
Is the deadline for you to file a talcum powder lawsuit? Many people who think the time limit has expired to file a lawsuit against Johnson & Johnson are wrong. Call us now at 800-553-2082 or get a free and quick case review online.
Johnson and Johnson Talcum Powder Lawsuit Update 2023 – Is Talc Bad For Your Skin Reddit
June 2 2023 Update: In the trial for asbestos-containing talc in California yesterday, a couple of technical issues interrupted the opening statements of the defense lawyers. Is talc bad for your skin reddit. Jurors from their homes via Zoom and hearing the 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.
The plaintiff had the opportunity to present the first of their witnesses, Arthur Langer. Langer explained that the existence of other minerals in talc is expected. He also testified that his team was notified by J&J in the year 1971 of the presence of chrysotile asbestos within the talc produced by the company, although with less than 0.1 percent. He also uncovered more asbestos in 1976.
June 1st, 2023 Update Is talc bad for your skin reddit. First trial after J&J decided to spin off its Talc section and declaring bankruptcy is an important turning point of the ongoing litigation story. The trial started yesterday in the harrowing case of a young 24 year-old plaintiff who was diagnosed with a rare and aggressive type of mesothelioma earlier this year. which lawyers on both sides acknowledge is a tragic loss.
Opening statements revealed the huge differences between the sides’ narrative. The plaintiff’s attorney took aim on Johnson & Johnson, alleging the use of deceptive tactics in research practices and throughout the litigation process. The attorney claims that, according to, Johnson & Johnson tried to alter the definition of asbestos in spite of internal documents dating from between 1978 and 1994 that showed asbestos fibers that were found in the tissue of the plaintiff are included.
Johnson & Johnson’s uncertain $8.9 billion settlement proposal hangs in the balance with the progress of this trial. Despite the distinct nature of the mesothelioma trial and its distinctive issues in comparison to other lawsuits involving talcum powder, a verdict favoring the plaintiff could be the company with a major setback in its hope of gaining broad acceptance for their proposed settlement among plaintiffs.
May 31 2023: Update from Johnson and Johnson’s bankrupt talc division is defending it’s 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, the subsidiary argued that the situation differed fundamentally from the earlier filing. It also emphasized the unprecedented commitment of $8.9 billion from J&J which is the largest settlement ever made in any bankruptcy case that involves mass tort. Is talc bad for your skin reddit. The issue is not discussed: whether the amount 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 60,000 claimants. This is difficult to verify but is probably incorrect.
May 24 2023 Update: As of Johnson & Johnson’s 2021 bankruptcy filing, the very first trial involving its cosmetic talc products allegedly comprised of asbestos is set to start jury selection Monday, May 24, California in Alameda County Superior Court, which is a well-known court for plaintiffs. Plaintiff claims that mesothelioma was triggered by asbestos exposure in J&J’s product, an allegation that the company is denying. The trial also includes six retailers who are accused of selling talc-based products.
May 22nd, 2023 Update Lawyers in the 2nd J&J talc bankruptcy are now battling over who should be appointed to the post of future claims representative, the role is crucially important to resolving the claim for talc. Is talc bad for your skin reddit. Randi Ellis, a lawyer who regularly appears in MDLs throughout the country was appointed the claims representative in the initial bankruptcy. J&J’s defense attorneys want Ellis to be appointed to this position yet again, but the lawyers for the talc plaintiffs have raised objections due to the fact that Ellis has an unrelated conflict of interest which should stop her from assuming that position in the future. The conflict stems from the reality that Ellis was involved in the creation of the hotly contested second bankruptcy, raising doubts about her capacity to be neutral. In reality, this bankruptcy will likely to get dismissed anyway.
May 17, 2023 Update: The fake company J&J put together for the talc bankruptcy told the New Jersey bankruptcy court that they have designated $400 million to settle the allegations made by states who accuse the company of misleading advertising regarding its talc products. Is talc bad for your skin reddit. This amounts to an $8.5 billion settlement for cancer patients. It’s difficult to imagine the scenario in which J&J will be able to push the baby powder settlements at these numbers. Although J&J’s $8.5 billion offer sounds like a large sum at first, it does not appear appealing when you do the math. The settlement plan based on our estimates – will not pay victims much more than a median settlement of $100,000 per instance. This isn’t enough.
May 15th 2023 Update J&J may be in the middle of a suit from an advocacy group representing cancer victims. Is talc bad for your skin reddit. The group argues that J&J intentionally withdrew an $61.5 billion financing agreement that it had with its company subsidiary LTL Management LLC, to simulate financial stress and validate the unit’s Chapter 11 bankruptcy filing. The group claims that this move could be interpreted as a fraudulent transfer of the rights of victims’ compensation. They are planning to study J&J’s actions after the announcement of the denial of LTL’s first bankruptcy case.
May 10, 2023 Update: Next week, the U.S. Bankruptcy Court in New Jersey will hear oral arguments in a motion dismiss the second bankruptcy application of J&J subsidiaries LTL Management. However, in the meantime, it has approved an Order that requires both parties to take part in a new settlement mediation to see if a global settlement deal can brokered.
May 5th 2023 Update: Talc supplier Whittaker, Clark & Daniels filed for Chapter 11 bankruptcy due to many lawsuits claiming that its talc products cause cancer from asbestos exposure. Is talc bad for your skin reddit. Over 2,700 individuals have sued the company and it is paying $1 million per month on legal defense. The company’s recent $29 million verdict on the state of South Carolina forced it to seek bankruptcy protection, arguing for an equitable distribution of assets between talc claimants rather than being confiscated from the receiver. Other suppliers of talc have declared bankruptcy because of litigation.
May 4 2023 update: U.S. Court of Bankruptcy Michael Kaplan has directed Johnson & Johnson to resume talks with lawyers who have rejected Johnson & Johnson’s $8.9 billion deal. The court in Trenton, New Jersey yesterday the parties appeared in court to discuss the next steps to take in their second bankruptcy matter. Judge Kaplan pushed more settlement talks.
This is the answer to resolve the claims of J&J. A baby powder settlement could be achieved. Is talc bad for your skin reddit. But it’ll need additional money – perhaps billions of dollars – by Johnson & Johnson.
Lawyers are divided over whether or not to agree with the proposal and not all clients see the issue in the same manner their lawyer does. A second bankruptcy proceeding is expected to be a failure and Judge Kaplan has scheduled a hearing for June to decide whether to remove the bankruptcy after the second.
May 3 2023 Update A group of cancer patients who have sued Johnson & Johnson (J&J) demanded that they request that the Third Circuit halt the bankruptcy filed by J&J subsidiary LTL Management, claiming it is a bid to stop the litigation involving talc products. The group of talc claimants has filed a motion this week requesting the Third Circuit to consider their appeal and return the case to a lower court with instructions for dismissing the bankruptcy. Is talc bad for your skin reddit. They also requested that the stopped tort litigation against J&J continue to proceed.
LTL requested Chapter 11 protection once again after its bankruptcy filing was denied in the Third Circuit earlier this year with a $8.9 billion agreement. The committee argues that the recent ruling which allowed LTL’s 2nd Chapter 11 to continue, and also stopping trials against J&J is a reason for the immediate Third Circuit review. The US Trustee requested be the New Jersey bankruptcy court dismiss the LTL bankruptcy case. J&J’s global vice president of litigation Erik Haas, was quoted by Bloomberg as saying that J&J intends to file a formal response in the appeals court, declaring the filing an “desperate and legally flawed move” by a handful of law firms that have conflicting financial interests.
May 1 2023 Update: A common question that people ask is how the plaintiffs’ lawyers and their clients turn around $8.9 billion. Of course, it’s an immense amount of money. But there are plenty of victims. Is talc bad for your skin reddit. And these are really good cases for plaintiffs. We were reminded recently when two talc cases have resulted in huge verdicts for the plaintiffs. In February the mesothelioma case involving talcum powder trial in Oregon was settled with an award worth $18.1 million. In the same month, a different mesothelioma trial involving talc was held for trial at South Carolina and resulted in an award of $29 million to the plaintiff. It was the same defendant as in these cases: Whittaker, Clark & Daniels Inc. one of the top suppliers of talc in the U.S.
April 30th, 2023 Update: When J&J first tried to bring the lawsuit over talcum powder into bankruptcy, it did so with the option of putting aside $2 billion for settlements. The amount was absurdly low. The talc plaintiffs had not believed in the proposal. This time, however, J&J has increased the offer to $8.9 if the talc plaintiffs are willing to accept bankruptcy settlements and also has the backing of a significant portion of the talc plaintiffs and their attorneys. Is talc bad for your skin reddit. However, 75% of talc plaintiffs, which is necessary for bankruptcy plan approval is a difficult road since there are so many lawyers with large inventories of baby powder-related lawsuits, opposed in favor of the deal.
What could solve the impasse? More billions.
April 25, 2023 Update Talc Cancer victims have sought a court order to disqualify the Chapter 11 case filed by LTL Management LLC, a absurdly made-up Johnson & Johnson subsidiary, saying the company 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. Is talc bad for your skin reddit. In the end, however, the 3rd Circuit dismissed its first Chapter 11 case in January The court ruled that LTL was not a candidate to receive bankruptcy relief because it was unable to demonstrate financial stress.
The claimants contend that the third Chapter 11 case is an fraud on the bankruptcy system and it’s being pursued in bad faith. J&J asserts that the bankruptcy settlement is backed by “significant backing” from companies representing approximately 60,000 claimants. It is fair to say that plaintiffs’ lawyers and victims are divided over this $8.9 billion settlement offer.
April 21st, 2023 Update A bankruptcy judge has ruled the company Johnson & Johnson must face new lawsuits alleging that the company sold tainted baby powder causing cancer. Although trials for the talc lawsuits have been suspended for a minimum of 60 days, new lawsuits can be filed and lawyers are able to begin preparing their cases. Is talc bad for your skin reddit. The judge expressed skepticism over J&J’s ridiculous effort to revive its strategy with another bankruptcy case.
April 13th, 2023: Update on the most important news is the $8.9 billion over the course of 25 year period settlement offered. Lawyers representing cancer victims within the MDL class action have vowed to fight the settlement with Talc claimants. Why? They believe it’s not enough for more than 70,000 cancer victims. Is talc bad for your skin reddit. These lawyers believe that J&J could negotiate a greater settlement or litigate individual claims if the most recent bankruptcy is dismissed.
But there is another lawyer group that isn’t part of the leadership group in that class action. These lawyers have amassed many thousands of cases. The group is seeking to settle now with what they believe is less than these victims deserve. Their argument is twofold. First, they argue the settlement – which amounts to an average of $100,000 per plaintiff is fair.
This is an argument that is difficult to present. However, their second argument has more force: victims should now not wait and they want their money now.
April 12 2023 Update: Many are asking how J&J can go through bankruptcy again. The answer is complicated and complex. But let’s try to explain the issue in a simple way.
Johnson & Johnson asserts that bankruptcy is the only way to deal with both present and future talc lawsuits conclusively. It thinks it can get a lower rate in the event of an element of bankruptcy that puts pressure for a settlement. Is talc bad for your skin reddit. Driving past 400 years of American history, the company believes that bankruptcy is beneficial to all parties because it distributes settlements more fairly and effectively than trial courts which are where litigants get significant award while others do not.
The basic tenet of the 3rd Circuit decision was this is not a matter of a profitable company making subsidiaries to meet the legal liability and declare bankruptcy – something Congress contemplated when drafting the Bankruptcy Code. It also clarified the company was in financial trouble due to the fact that J&J promises unlimited funding.
Thus, J&J took advantage of the funding unlimited part of the holding and didn’t promise to offer unlimited funding for lawsuits. J&J claims that its updated financing arrangements with its subsidiary address appeals court’s concerns, while offering funds to pay claims. In the hope that offering victims lower amounts of money would resolve the problem at hand.
Lawyers representing cancer patients who are against the agreement argue the agreement with what is a defense against legal nonsense by pointing out legal nonsense: J&J fraudulently transferred $50 billion in assets to LTL Management to circumvent the appeals court’s decision. Hyperbole was not spared by the victims’ lawyers, who call this the biggest “fraudulent move that has occurred in United States history.”
Despite the legal jargon, J&J does not really believe this bankruptcy will be able to last. But it is a way of trying to push this $8.9 billion settlement, and to keep pressure on plaintiffs.
April 10 2023 update: Bloomberg provides an insightful piece on a law that has been passed within New Jersey that is shedding new light on litigation funding in the baby powder class action lawsuit. Litigation funders Virage Capital Management and TRGP Capital invested in hundreds of claims against Johnson & Johnson (J&J) regarding talc products, in exchange for a portion of any settlements. J&J has now offered to pay $8.9 billion to settle lawsuits.
The involvement of the funders is public knowledge due to an New Jersey court rule requiring the release of certain details about funding sources outside of the. The rules aim to address the rising calls for the regulation of lawsuit funders. J&J has more than 60,000 claims when you take into account federal and state baby powder lawsuits. Third-party funding of mass tort cases has its pros and cons. However, there is no doubt that we are witnessing the ways that third-party funding can even the playing field for individuals and large corporations in court.
April 4 2023 Update: It is interesting to watch the worm turning in this litigation. J&J took another hit this week, when they were denied by the Third Circuit denied J&J’s request to keep the automatic stay in place while J&J appeals an order granting bankruptcy at the U.S. Supreme Court. It has froze hundreds of cases involving talcum powder and prevented new lawsuits from getting filed ever since J&J began the controversial plan to spin the talc liability into a bankrupt subsidiary more than one year back. Is talc bad for your skin reddit. When the 3rd Circuit ruled that this bankruptcy was invalid some months ago, the stay was revoked. J&J had hoped to have it continued pending 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. The chance of the Supreme Court is willing even to take up the appeal? Low.
March 16 2023 Update: with the bankruptcy stay having been in effect, the first new cases were filed and incorporated into the class action involving talcum powder MDL within a year. Seven new talc lawsuits have been included in the MDL over the last month, bringing the total number of cases in the pending process up to 37,522.
February 25, 2023 Update: A Congressmen from Tennessee is now demanding that be the U.S. Government Accountability Office (GAO) begin an investigation into how much J&J product containing talc has cost the government over the decades.
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 long while tax dollars used to treat those who were injured through exposure to the products. The lawsuit comes just a few weeks following J&J’s dramatic loss in the 3rd Circuit Court of Appeals.
Is talc bad for your skin reddit. J&J should begin to make reasonable settlement offers for victims in order the process of putting all this behind it. This is a disgrace to one of the top businesses.
February 14 2023 Update: During a hearing today in New Jersey, U.S. Bankruptcy Judge Michael Kaplan announced his intention to follow the 3rd U.S. Circuit Court of Appeals ruling to dismiss the bankruptcy case.
You May be Entitled to Significant Compensation Is talc bad for your skin 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!