You May be Entitled to Significant Compensation Is yardley talc safe. 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 for talc would be worth $400 million to US state AGs. Is Yardley Talc Safe .
Johnson & Johnson (JNJ.N) has put the amount of $400 million for resolving U.S. state consumer protection actions as part of its broader $8.9 billion settlement of allegations that it’s Baby Powder and other talc-based products cause cancer. Is yardley talc safe.
J&J subsidiaries LTL Management filed a bankruptcy plan in New Jersey late on Monday that outlines how the firm will pay various types of cancer sufferers in the bankruptcy settlement. Is yardley talc safe. J&J has stated that its Talc products are safe, and will not cause cancer. It’s trying for another time to settle more than 38,000 cases in bankruptcy, as well as prevent new lawsuits from being filed in the future.
LTL’s bankruptcy plans would deposit $400 million into an additional trust to settle claims made from state attorney generals claiming that J&J violated laws against unfair business practices in the State of New York and consumer protection laws by misleading consumers about the quality of its talc products.
Several states had begun consumer protection cases against J&J before LTL’s first bankruptcy filing stopped those investigations from progressing in 2021. Is yardley talc safe. New Mexico and Mississippi had already filed suit against Johnson & Johnson before then and states like Arizona, Maryland, North Carolina, Texas and Washington had issued civil investigative demands or subpoenas, according to LTL’s court documents.
New Mexico and Mississippi have moved to dismiss LTL’s bankruptcy, joining cancer victims as well as The U.S. Justice Department’s bankruptcy watchdog, who have argued that a successful company like J&J cannot benefit from bankruptcy protections intended for those struggling with debt.
The first attempt by LTL to resolve the bankruptcy-related lawsuits was thrown out after similar arguments. The U.S. appellate court decided in favor of LTL wasn’t in “financial difficulty” and thus not eligible to receive bankruptcy relief. Is yardley talc safe. LTL filed a second bankruptcy less than two hours after that dismissal, arguing that the second bankruptcy was different due to the fact that there was less money available and more backing for the possibility of settling.
New Mexico and Mississippi said in their motion for dismissal that LTL’s new bankruptcy violates state law enforcement authorities by trying to unilaterally cap the company’s liability for state consumer protection laws.
Is Yardley Talc Safe
The filings of LTL’s latest bankruptcy proceedings also include additional details about how the company would assess and pay cancer claims if the bankruptcy plan is approved.
The most significant payments under the settlement will be $500,000 for people diagnosed with cancer of the mesothelioma ovary before the age of 45, and $260,000 for those diagnosed with ovarian cancer that is terminal prior to age 45.
From there, the proposed settlement applies discounts depending on the nature and severity of cancer, the individual’s years of age, their history of using talc and other factors. Is yardley talc safe. For instance an individual who was using daily talc products, had the family history of ovarian cancer, and was diagnosed with Stage II cancer of the ovary at the age of 55 might qualify to receive a payment of $21,125 under the plan.
Judge gives order to J&J, talc opponents to engage in settlement talks.
After another round of hearings in Johnson & Johnson’s effort to employ a Texas Two Step bankruptcy strategy for talc litigation and federal bankruptcy judge Michael Kaplan has ordered the company as well as those who oppose the plan to hold talks to reach a settlement, Bloomberg reports.
With its second bankruptcy attempt for LTL management, a subsidiary founded by J&J to handle the claims company made a settlement offer of $8.9 billion. Is yardley talc safe. While one firm representing plaintiffs agree with the offer, another group opposes the deal.
The previous week, the opposition group, dubbed the Official Committee of Talc Claimants and urging the bankruptcy court for dismissal of the matter by argument that LTL is not a factor in financial distress.
“The filing is a desperate and legally deficient attempt by a few of law firms to try to block claimants from voting on the resolution, which the vast majority of claimants are in favor of,” J&J’s litigation chief Erik Haas, said in an announcement. Is yardley talc safe. “The law firms that are behind these filings have interests in finance that clash with, differ from and are in opposition to the interests that their customers. We’ll soon submit a response to the appellate court.”
Is yardley talc safe. Clay Thompson, a lawyer for MRHFM that has more than 80 patients with mesothelioma who have filed lawsuits against J&J claimed that the company’s second bankruptcy try will fail.
“J&J sends out press releases that boast about how amazing its plan is, while requesting that details of the plan, such as what individuals with illnesses would receive — be kept private,” Thompson said in an announcement. “What does the company have to hide?”
Kaplan has commanded the parties to develop a new reorganization plan, under supervision and supervision of mediators.
As of February 2022 Kaplan confirmed J&J’s use of Chapter 11 to hasten a settlement that would relieve J&J from the hundreds of thousands of claims over its talcum products.
But in January of this year a federal appeals court ruled against the decision, ruling that the company could not be considered in “financial financial distress.”
After J&J’s challenge the U.S. Supreme Court was rejected at the end of April J&J filed for its second bankruptcy about two hours after. In response to that move, Kaplan froze the lawsuits for 60 days in order to determine whether or not to approve the second bankruptcy.
J&J’s omnipotent profit engine fails after $6.9B settlement charge for talc.
With two Chapter 11 attempts, J&J has been able to buy 19 months in which cases were put in limbo. Is yardley talc safe. The company would like claimants to take a vote to accept their settlement. J&J needs 75% support for the deal to pass.
In addition to the team of talc attorneys who have panned the bankruptcy of the company as well, the U.S. Trustee, a branch from the U.S. Department of Justice was also the one to file motions to dismiss LTL’s bankruptcy second case.
In a recent filing, U.S. trustee Andrew R. Vara wrote that the doors of bankruptcy courts are “open to honest but unfortunate debtors.” The doors “are not open to parties that don’t have a legitimate bankruptcy goal or who seek to take advantage of the bankruptcy process to delay or hinder their creditors.” Vara continued.
On the other hand, J&J maintains there is no proof conclusive that their Talc products, which includes its famous baby powder, cause cancer. J&J has adopted the products of the market, first on North America in 2020–and the rest of the world next year.
J&J seeks to avoid the expense of going to trial. It has won the majority of the cases that were decided at trial, but certain losses have been severe.
A highly-publicized trial in Missouri ended in a $4.7 billion verdict against the drug company, which 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 ended in a win by J&J as well as mistrials or plaintiff verdict that was reversed after appeal. Is yardley talc safe. In addition, J&J in 2020 moved to settle more than 1,000 cases for the sum of $100 million. Bloomberg published at the time.
Talcum Baby Powder Ovarian Cancer Lawsuit – Is Yardley Talc Safe
Our lawyers are handling baby powder cases in every state. The talcum powder lawsuits in the case of Johnson & Johnson have been ongoing for many years. Is yardley talc safe. The lawsuits allege that prolonged use of talcum powder (or “talc”), the active ingredient in products like baby Powder and Shower to Shower which can cause ovarian cancer among some women.
This article provides a J&J talc power litigation update and discusses how the upcoming bankruptcy ruling impacts the ultimate settlement amounts in 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 sue Johnson & Johnson are wrong. Call us at 800-553-882 or request a free and quick case review online.
Johnson and Johnson Talcum Powder Lawsuit Update 2023 – Is Yardley Talc Safe
June 2, 2023 Update: During the trial for asbestos-containing talc which took place in California yesterday, a few technical issues disrupted the opening statements of the defense attorneys. Is yardley talc safe. Jurors at home via Zoom and hearing the Johnson & Johnson’s lawyer voice his doubt about the science of the 70s that claimed asbestos was present in their product before the proceedings abruptly ended.
The plaintiff was able to introduce its first expert witness Arthur Langer. Langer explained that the occurrence of other minerals in talc is inevitable. He testified that his team advised J&J in 1971 about the presence of chrysotile asbestos within the company’s talc, albeit in lesser than 0.1 percent. He also discovered more asbestos in 1976.
June 1st, 2023 Update Is yardley talc safe. First trial after J&J took the decision to disband its talc division, and then declare bankrupt is an important moment for the ongoing lawsuit drama. Trial started on Monday in the harrowing case of a young 24 year-old plaintiff, diagnosed with an extremely rare and aggressive form of mesothelioma last year, an illness that lawyers on both sides of the argument agree is a tragedy of a different kind.
Opening statements revealed the distinct differences between each side’s narrative. The attorney representing the plaintiff took aim on Johnson & Johnson, alleging the use of deceptive strategies in its research practices as well as throughout the litigation procedure. The attorney claims that, according to, the company tried to manipulate asbestos’ definition, despite internal documents from 1978 and 1994 showing that fibers discovered 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 most talcum powder lawsuits, a verdict favoring the plaintiff could result in a serious setback to J&J’s expectations of widespread acceptance of the settlement they have proposed among plaintiffs.
May 31st 2023 Update: Johnson & Johnson’s bankrupt talc unit was able to defend its two-time Chapter 11 filing in the facing challenges from talc injury claimants. In an appeal to the New Jersey bankruptcy court, the company argued that the filing was fundamentally different from the first filing. It highlighted the extraordinary commitment to $8.9 billion to J&J as the largest settlement ever in the history of a mass tort bankruptcy. Is yardley talc safe. The issue is not discussed: whether this amount means it is a fair settlement. J&J also claimed support from a variety of plaintiffs’ law firms representing over the 60,000 plaintiffs. It is difficult to confirm however it is likely to be incorrect.
May 24 2023 Update: In the wake of Johnson &J Johnson’s bankruptcy filing, the very first trial concerning its cosmetic talc items allegedly containing asbestos is set to begin jury selection on Monday, California within the Alameda County Superior Court, which is a well-known jurisdiction for plaintiffs. The plaintiff claims that his mesothelioma resulted from asbestos exposure through J&J’s products which that the company denies. The trial also includes six retailers accused of selling talc-containing products.
May 22, 2023 Update: Lawyers in the 2nd J&J Talc bankruptcy are currently battling over who should be chosen to fill the role of future claims representative. This is the role is crucially critical to resolving talc claims. Is yardley talc safe. Randi Ellis, a lawyer who is frequently involved in MDLs all over the nation, was appointed as the claims representative during the first bankruptcy. J&J’s defense team would like Ellis to be appointed to this position again, but lawyers for the plaintiffs in talc are arguing because Ellis has an interest conflict which would prohibit her from assuming that position once more. The issue stems from the fact that Ellis was involved in the drafting of the highly litigated second bankruptcy, raising doubts regarding her capacity to remain neutral. The reality is this bankruptcy could get dismissed anyway.
May 17th, 2023 Update: The pretend company that J&J put together for the talc litigation bankruptcy informed a New Jersey bankruptcy court that they have allocated $400 million to settle the allegations made by states who accuse the company of deceitful advertising regarding its talc products. Is yardley talc safe. So that makes it an $8.5 billion settlement for cancer patients. It’s difficult to imagine any scenario in which J&J can push the baby powder settlements at these numbers. While J&J’s proposed $8.5 billion offer may seem like a lot initially, it does not look good after you calculate the figures. This settlement proposal – by our rough calculations, would not be able to pay victims more than a median settlement of $100,000 per instance. It’s not enough.
May 15th, 2023 Update J&J could be facing lawsuit by an advocacy group representing cancer victims. Is yardley talc safe. The group claims that J&J intentionally canceled a $61.5 billion funding agreement in conjunction with its affiliate, LTL Management LLC, to simulate financial distress and confirm the unit’s Chapter 11 bankruptcy filing. The group argues that this act amounts to a fraudulent transfer of rights of victims’ compensation. They intend to investigate 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, this 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. However, in the meantime, this bankruptcy court has issued an order that requires both parties to take part in a settlement mediation hoping that a global settlement deal can been reached.
May 5th 2023: Update on Talc provider Whittaker, Clark & Daniels filed for Chapter 11 bankruptcy due to several lawsuits alleging that its talc products caused cancer from asbestos exposure. Is yardley talc safe. Over 2,700 people have sued the firm and the company was spending $1 million a month on legal defense. The company’s recent $29million settlement that was handed down in South Carolina forced it to pursue bankruptcy protection, and arguing for a fair distribution of assets between talc claimants rather than being taken over by the receiver. Other talc suppliers have also been forced to file for bankruptcy as a result of legal proceedings.
May 4 2023 Update: U.S. Bankruptcy Judge Michael Kaplan has directed Johnson & Johnson to reopen talks on settlement with lawyers who turned down the proposed $8.9 billion deal. In Trenton, New Jersey yesterday, the parties appeared before a judge to discuss next steps in their second bankruptcy matter and Judge Kaplan was pushing for more settlement discussions.
This is the answer to resolve these claims for J&J. A settlement for baby powder can get done. Is yardley talc safe. But it’ll need more money, more billions of dollars of Johnson & Johnson.
Lawyers have a split opinion on whether or not to agree with the proposal and not every client sees the issue in the same manner their attorney does. Second bankruptcy cases are destined to fail, with Judge Kaplan has set a date for a hearing in June to decide if he will dismiss the bankruptcy for the second time.
May 3, 2023 Update: A group of cancer victims suing Johnson & Johnson (J&J) demanded an order from J&J’s Third Circuit halt the bankruptcy filed by J&J subsidiary LTL Management, claiming it attempts to block the litigation surrounding talc-based products. The committee representing talc claimants submitted a motion on Tuesday requesting the Third Circuit to consider their case and send it back before a court of lower jurisdiction, with instructions to discharge the bankruptcy. Is yardley talc safe. They also requested that the stoppage of tort litigation against J&J allow the litigation to proceed.
LTL filed for Chapter 11 protection once again following the bankruptcy filing it made earlier was denied in the Third Circuit earlier this year, offering the possibility of an $8.9 billion agreement. The committee believes that the recent ruling allowing LTL’s 2nd Chapter 11 to continue, while also halting trials against J&J is a reason for an immediate Third Circuit review. The US Trustee also asked that 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 response in the appeals court characterizing the filing as an “desperate and legally inadequate attempt” by a select group of law firms that have conflicting financial interests.
May 1st 2023 Update: A frequently asked question is how could plaintiffs and their lawyers be able to turn around $8.9 billion. That’s of course an enormous amount of money. But there are a lot of victims. Is yardley talc safe. These are actually a good cases for plaintiffs. We were reminded of this last week by two talc-related trials that led to huge verdicts for plaintiffs. In February mesothelioma cases, a talcum powder trial in Oregon led to the verdict of $18.1 million. The following month, a second talc mesothelioma case went to the court in South Carolina and resulted in a verdict of $29 million in favor of plaintiff. The defendant in both cases was Whittaker, Clark & Daniels Inc., one of the most prominent manufacturers of talc in U.S.
April 30th 2023 Update: J&J initially tried to take the lawsuit over talcum powder into bankruptcy, it was met with an offer to put aside $2 billion to settle the case. The sum was ridiculously low. There was no one among the talc victims who agreed with it. This time, however, J&J has increased the offer to $8.9 for talc-related plaintiffs if they accept a bankruptcy settlement and they also have the backing of a significant portion of the talc plaintiffs and their lawyers. Is yardley talc safe. But 75% of the plaintiffs of talc are necessary for bankruptcy plan approval, it a tough road since there are so many lawyers with huge inventories of baby powder litigations opposed in favor of the deal.
What can be done to end the impasse? More billions.
April 25 2023, Update Talc Cancer victims have asked a judge to disqualify the Chapter 11 case filed by LTL Management LLC, a absurdly fabricated 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 products caused cancer. Is yardley talc safe. In the end, however, the 3rd Circuit dismissed its first Chapter 11 case in January in a ruling that said LTL was not a candidate for bankruptcy relief because it did not show financial stress.
The claimants contend that the Second Chapter 11 case is an fraud on the bankruptcy system and that it’s being conducted in bad faith. J&J asserts that the bankruptcy settlement has “significant support” from companies representing about 60,000 potential people who are claiming. It’s safe to say that plaintiffs’ lawyers and the victims are split over their disagreement over the $8.9 billion deal.
April 21st, 2023 Update A bankruptcy judge ruled that Johnson & Johnson must face new lawsuits alleging that it sold a baby powder that contained a chemical that causes cancer. Even though trials for the talc lawsuits have been suspended for a minimum of 60 days but new lawsuits can be filed, and lawyers are able to begin preparing their cases. Is yardley talc safe. Judges expressed doubt about J&J’s absurd attempt to relaunch its strategy in a second bankruptcy trial.
April 13, 2023 update: the major story is that there’s an $8.9 billion over the next 25 years offer for settlement. Lawyers representing cancer victims within the MDL Class Action have pledged to fight the settlement alongside Talc claimants. Why? They argue that it’s not enough money for those suffering from cancer who are 70,000. Is yardley talc safe. They argue that J&J should seek a bigger settlement or litigate individual claims if the most recent bankruptcy is thrown out.
There is a different group of lawyers outside of the leadership in this class action. The lawyers collectively have accumulated tens of thousands of cases. This group wants to settle now for what many argue is less than these victims deserve. Their argument appears to be twofold. First, they argue the settlement of around 100 million dollars on average per plaintiff is fair.
That is a hard argument to prove. The second argument is more force: victims should no longer wait and want their money now.
April 12 2023 Update: Many are seeking out how J&J could file for bankruptcy again. The answer is complex and convoluted. Let’s try to simplify the issue in a simple way.
Johnson & Johnson asserts that bankruptcy is the only means to address both present and future lawsuits involving talc conclusively. In other words, it thinks it can get a lower rate in the event of a bankruptcy component that applies pressure to settle. Is yardley talc safe. Driving past 400 years of American history, the firm argues that bankruptcy benefits all parties because it distributes settlement payments more evenly and efficiently than trial courts, which are where litigants get significant payouts, while others are left with nothing.
The main thrust in this 3rd Circuit decision was this isn’t a case that involves one that makes a profit, but subsidiaries to meet the legal burden and declare bankruptcy – something Congress contemplated when drafting the Bankruptcy Code. It also clarified it was not financially difficulty due to the fact that J&J assured it of unlimited funding.
Then J&J took advantage of the unlimited funding aspect of the contract but did not pledge to fund unlimited the litigation. J&J claims that its updated financing arrangements with its subsidiary addresses the concerns of the appeals court while providing funds for claims. As if offering victims lower amounts of money would resolve the overarching problem.
Lawyers representing cancer patients who oppose the deal counter this argument by saying that it is countering legal nonsense legal nonsense: J&J fraudulently transferred $50 billion of assets from LTL Management to circumvent the appeals court’s decision. Hyperbole was not spared the lawyers representing victims call it the largest “fraudulent transfer ever in United States history.”
Notwithstanding the legal mumbo jumbo, J&J does not really believe this bankruptcy will be able to last. But it’s a way to try and push the $8.9 billion settlement and keep pressure on plaintiffs.
April 10, 2023, Update Bloomberg offers an informative article on a new law of New Jersey that is shedding new light on the funding of litigation in the baby powder suit for class actions. Funders for litigation Virage Capital Management and TRGP Capital invested in hundreds of claims against Johnson & Johnson (J&J) on behalf of talc products. They exchanged for a percentage of any profits. J&J is now willing the payment of $8.9 billion in settlements for all lawsuits.
The funders’ involvement is public information due to an New Jersey court rule requiring the disclosure of certain information regarding outside funding backers. The rules aim to respond to the increasing calls for the regulation of lawsuit funders. J&J has more than 60,000 claims when you add up 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 how third-party funding could level the playing field between people and big corporations in court.
April 4 2023 Update: It’s fun to watch the worm turn in this legal battle. J&J took another hit this week, when it was found that the Third Circuit denied J&J’s request to maintain the automatic stay as J&J appeals a bankruptcy decision to the U.S. Supreme Court. This automatic stay halted hundreds of cases involving talcum powder and stopped any new lawsuits from getting filed ever since J&J initiated the controversial effort to spin the talc liabilities off into a bankrupt entity over one year ago. Is yardley talc safe. After the 3rd Circuit ruled that this bankruptcy was not valid just a few months ago the stay was removed. J&J was hoping to have it stayed in place until its SCOTUS appeal. But, no.
April 1st, 2023 Update Johnson & Johnson announced it will appeal its 3rd Circuit bankruptcy loss to the U.S. Supreme Court last week. There is a chance that the Supreme Court is willing even to consider the appeal? Low.
March 16th 2023 Update: with the bankruptcy stay having been officially lifted, the first new cases have been filed and transferred into the Talcum Powder class action MDL in just over a year. Seven new talc lawsuits were included in the MDL in the past month increasing the number of pending cases up to 37,522.
February 25, 2023 Update The following information is available: A Congressmen from Tennessee is now demanding that the U.S. Government Accountability Office (GAO) initiate an investigation into the amount J&J products containing talc have cost the government over the many years.
in a letter to the GAO, Rep. Steven Cohen (D-Ten.) has accused J&J of ignoring the dangers of its talc product for years while tax dollars were spent on treating people who suffered injuries from exposure to the product. The suit comes just a few days after J&J’s significant loss in the 3rd Circuit Court of Appeals.
Is yardley talc safe. J&J must begin making reasonable settlement proposals to victims, in order getting this behind. It’s a mark on one of the top firms.
February 14 2023 Update: At an earlier hearing in New Jersey, U.S. Bankruptcy Judge Michael Kaplan announced his intention following the 3rd U.S. Circuit Court of Appeals ruling to dismiss the bankruptcy case.
You May be Entitled to Significant Compensation Is yardley talc safe. 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!