You May be Entitled to Significant Compensation Johnson & Johnson proposes $8.9BN talc settlement. 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 provide $440 million US state AGs. Johnson & Johnson Proposes $8.9bn Talc Settlement .

Johnson & Johnson (JNJ.N) has put aside $400 million to settle U.S. state consumer protection actions as part of a larger $8.9 billion effort to settle allegations that its Baby Powder as well as other talc product causes cancer. Johnson & Johnson proposes $8.9BN talc settlement.

J&J subsidiaries LTL Management filed a bankruptcy plan in New Jersey late on Monday that describes how the company plans to pay different kinds of cancer sufferers in a bankruptcy settlement. Johnson & Johnson proposes $8.9BN talc settlement. J&J has said 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 in bankruptcy, and to prevent any new cases from being filed in the future.
LTL’s bankruptcy plan would pay $400 million into an additional trust to settle claims filed in state courts by attorneys general alleging that J&J had violated states’ unfair practices as well as consumer protection laws by misleading consumers regarding the security of its talc-based products.

A number of states had already initiated consumer protection measures against J&J prior to the first bankruptcy filing prevented these investigations from moving forward in 2021. Johnson & Johnson proposes $8.9BN talc settlement. New Mexico and Mississippi had already launched lawsuits against 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 court papers.

New Mexico and Mississippi have decided to declare LTL’s bankruptcy unfinished in a joint move with cancer victims as well as those affected by cancer and the U.S. Justice Department’s bankruptcy watchdog, who have argued that a successful firm like J&J can’t benefit from bankruptcy protections intended for people with debt problems.
The company’s initial attempt to resolve the bankruptcy cases was rejected after the same arguments, when a U.S. appellate court decided it was not LTL did not have “financial distress” and was not eligible for bankruptcy protection. Johnson & Johnson proposes $8.9BN talc settlement. LTL had filed for bankruptcy again just over two hours after the dismissal, arguing the second bankruptcy was different because there was less money available and had more support for a settlement.

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.

Johnson & Johnson Proposes $8.9bn Talc Settlement

LTL’s filings for the new year also contained additional details about how the company plans to evaluate 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 cancer of the mesothelioma ovary before age 45. Johnson & Johnson proposes $8.9BN talc settlement. The second payment would be $260,000 for people diagnosed with ovarian cancer that is terminal before age 45.

From there, the proposed settlement provides discounts based on the severity and type of the cancer, the person’s years of age, their history of talc use and other factors. Johnson & Johnson proposes $8.9BN talc settlement. For instance, 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 may be eligible for a $21,125 payment under the settlement plan.

Judge ordains J&J and talc opponents to participate in settlement talks.

Following another hearing in Johnson & Johnson’s attempt to employ a Texas Two Step bankruptcy strategy for talc litigation, federal bankruptcy Judge Michael Kaplan has ordered the firm and the people who opposed the plan to hold talks to reach a settlement, Bloomberg reports.

The second time it attempted to file for bankruptcy for LTL Management, a subsidiary set up by J&J to manage the claims company offered a settlement of $8.9 billion. Johnson & Johnson proposes $8.9BN talc settlement. While one firm representing plaintiffs support the offer, another group is opposed to the offer.

The previous week, the opposition group, called”The Official Committee of Talc Claimants, urged the bankruptcy court to dismiss this case by saying that LTL cannot be regarded as in financial hardship.

“The filing is a desperate and legally ineffective attempt by a small number of law firms to try to block claimants from voting on the resolution plan – a plan that the overwhelming majority of claimants favor,” J&J’s litigation chief Erik Haas, said in a statement. Johnson & Johnson proposes $8.9BN talc settlement. “The law firms involved in these filings have interests in finance that conflict with, differ from and oppose the interests they represent. We’ll submit a response before the court of appeals.”

Johnson & Johnson proposes $8.9BN talc settlement. Clay Thompson, a lawyer for MRHFM who includes more than mesothelioma patients who have sued J&J and J&J, has said that J&J’s second bankruptcy attempt is likely to fail.

“J&J publishes press release about how great its plan is, while insisting that the plan’s details, including what the individual sick individuals would receive,” Thompson said in an email. “What does the company have to hide?”

Kaplan has commanded the parties to devise a second strategy for reorganization, under supervision of two mediators.

On February 20, 2022 Kaplan confirmed J&J’s recourse to Chapter 11 to hasten a settlement that would relieve J&J from the tens of thousands of claims regarding its talcum products.

But in January of this year a federal appeals court overturned the verdict, ruling that the company was not able to be considered in “financial financial distress.”

When J&J’s attempt to make an appeal before the U.S. Supreme Court was dismissed on April 1, J&J declared bankruptcy two hours after. In response, Kaplan froze the lawsuits for 60 days, allowing the company to decide whether or not to accept another bankruptcy.

J&J’s unstoppable profit engine goes out of control after $6.9B cost of litigation involving talc.

With the 2 Chapter 11 attempts, J&J has gotten 19 months of which cases have been in limbo. Johnson & Johnson proposes $8.9BN talc settlement. The company wants claimants to decide whether they want to accept the settlement. J&J requires 75% support for the settlement to be approved.

Alongside the group of talc lawyers who panned the company’s bankruptcy in the U.S. Trustee, the U.S. Trustee, an arm from the U.S. Department of Justice has also filed an appeal to dismiss LTL’s bankruptcy second case.

In a letter filed this week, U.S. Trustee Andrew R. Vara wrote that the doors of bankruptcy courts are “open to honest, but naive debtors.” Those doors “are not available to anyone who do not have a legitimate bankruptcy purpose or that seek to use bankruptcy to delay or hinder their creditors.” Vara continued.

To its credit, J&J maintains there is no definitive evidence to suggest that its Talc products, which includes its iconic baby powder, can cause cancer. J&J has taken its products off of the market first on North America in 2020–and the rest of the world next year.

J&J wants to avoid the cost of going to trial. It has prevailed in the majority of cases that were decided in court, however some losses have been punishing.
A highly-publicized trial in Missouri ended in an $4.7 billion judgment against the drug manufacturer and was later lowered to $2.1 billion following appeals.

Johnson & Johnson faces high-stakes hearing over ‘Texas Two Step’ talc strategy: report
Overall, J&J has lost nine trial involving talc that are being appealed or resolved. In 41 trials 32 have ended in a win by J&J or a mistrial, or verdict for a plaintiff that was annulled in appeal. Johnson & Johnson proposes $8.9BN talc settlement. Separately, the company has announced plans to settle over 1,000 cases worth $100 million, Bloomberg reported at the time.

Talcum Baby Powder Ovarian Cancer Lawsuit – Johnson & Johnson Proposes $8.9bn Talc Settlement

Our lawyers handle baby powder lawsuits across all 50 states. The lawsuits involving talcum powder for Johnson & Johnson have been ongoing for many years. Johnson & Johnson proposes $8.9BN talc settlement. The lawsuits contend that the prolonged use of talcum powder (or “talc”), the active ingredient in products like Shower to Shower Powder or Shower to Shower as well as other products, may cause ovarian cancer in some women.

This page gives an J&J Talc Power Update and provides an overview of how the upcoming bankruptcy ruling affects the final settlement amount in the cases of ovarian cancer.

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

Johnson and Johnson Talcum Powder Lawsuit Update 2023 – Johnson & Johnson Proposes $8.9bn Talc Settlement

June 2 2023 Update: At an asbestos talc court trial held at the trial in California yesterday, a few technical issues disrupted the opening speech of defense attorneys. Johnson & Johnson proposes $8.9BN talc settlement. Jurors watching at home via Zoom, did hear Johnson &Johnson’s lawyer express doubt about the science of the 70s affirming the presence of asbestos in their product before the opening was abruptly ended.

The plaintiff was able to present their first witness, Arthur Langer. Langer explained that the occurrence of additional minerals along with the talc’s mineral content is inevitable. He also testified that his team had notified J&J in 1971 of the presence of asbestos chrysotile in the company’s talc, albeit at just 0.1 percent. He also discovered more asbestos in the year 1976.

June 1, 2023 Update: Johnson & Johnson proposes $8.9BN talc settlement. This is the first court trial that has taken place since J&J decided to spin off its Talc segment and file for bankruptcy marks an important turning point in the ongoing talc litigation drama. The trial began on Tuesday in the tragic trial of a young plaintiff who was diagnosed with a rare and aggressive type of mesothelioma in the past year, a diagnosis lawyers on both sides believe is a tragic loss.

Opening statements revealed the huge differences between the sides’ narrative. The attorney representing the plaintiff aimed his ire against Johnson & Johnson, alleging the use of deceptive strategies in its research practices as well as throughout the litigation process. The attorney claims that, according to, the company tried to manipulate the definition of asbestos, despite internal documents from 1978 and 1994 showing that asbestos fibers in the plaintiff’s tissue are included.

Johnson & Johnson’s uncertain $8.9 billion settlement proposal hangs in the balance with the development of the trial. Despite the unique nature of the mesothelioma trial and its distinctive issues in comparison to other lawsuits involving talcum powder ruling in favor of the plaintiff could be the company with a major setback in its hopes of broad acceptance of their settlement proposal among plaintiffs.

May 31st, 2023: Update from Johnson & Johnson’s bankrupt talc division was able to defend it’s two-time Chapter 11 filing in the opposition of injured talc claimants. In a written objection to the New Jersey bankruptcy court, the subsidiary argued that the situation was vastly different from the first filing. It emphasized the unprecedented commitment of $8.9 billion to J&J, the largest ever settlement in any bankruptcy case that involves mass tort. Johnson & Johnson proposes $8.9BN talc settlement. The issue is not discussed: whether the amount of the settlement means it is an equitable settlement. J&J also claimed support from various plaintiffs’ law firms representing over sixty thousand claimants. This is difficult to verify but it’s likely to be false.

May 24 2023 Update: Following Johnson & Johnson’s bankruptcy in 2021 filing, the very first trial concerning the cosmetic talc products it claims to containing asbestos is set to start jury selection on Monday, May 24, California with Alameda County Superior Court, the most favored jurisdiction for plaintiffs. The plaintiff claims that his mesothelioma was triggered by asbestos exposure in J&J’s product, an allegation the company denies. The trial also includes six retailers accused of selling talc-containing products.

May 22nd, 2023 Update: Lawyers in the 2nd J&J Talc bankruptcy are currently disputing who should be appointed to the post of the future claims representative, which is vitally essential in resolving the talc claims. Johnson & Johnson proposes $8.9BN talc settlement. Randi Ellis, a lawyer who is frequently involved in MDLs throughout the country was appointed the claims representative in the initial bankruptcy. J&J’s defense team wants Ellis to be named to the position again, but lawyers for the talc plaintiffs have raised objections due to the fact that Ellis has an interest conflict that should prevent her from assuming that position again. This conflict is rooted in the reality that Ellis was involved in the creation of the hotly contested second bankruptcy, raising doubts about her ability to be neutral. However, the reality is that this bankruptcy is likely to get dismissed anyway.

May 17, 2023 Update: The pretend company that J&J created for the talc bankruptcy told a New Jersey bankruptcy court that they have designated $400 million to settle claims made by states accusing the company of deceitful advertising for its talc product. Johnson & Johnson proposes $8.9BN talc settlement. It’s a $8.5 billion settlement for cancer sufferers. It’s difficult to envision any scenario in which J&J can push these settlements for babies at these numbers. While J&J’s proposed $8.5 billion offer might seem like a lot of money at first, it does not appear appealing after you calculate the figures. The proposed settlement based on our estimates – will not be able to pay victims more than $100,000 per instance. It’s not enough.

May 15th 2023 Update J&J could be facing lawsuit from an advocacy group representing cancer patients. Johnson & Johnson proposes $8.9BN talc settlement. The group claims J&J deliberately withdrew an $61.5 billion contract for funding with its subsidiary, LTL Management LLC, to simulate financial stress and validate the unit’s Chapter 11 bankruptcy filing. The group argues that this act is equivalent to a fraudulent transfer of rights of compensation for victims. They are planning to study J&J’s actions in the wake of the decision to dismiss the first bankruptcy case of LTL.

May 10, 2023 Update: Next week, next week, the U.S. Bankruptcy Court in New Jersey will hear oral arguments on a petition to reject the second bankruptcy filing by J&J company LTL Management. In the meantime, the bankruptcy has issued an Order calling for both parties to take part in a settlement mediation hoping that the global settlement can be been reached.

May 5 2023 Update: Talc producer Whittaker, Clark & Daniels filed for Chapter 11 bankruptcy due to several lawsuits alleging that its talc products caused cancer from asbestos exposure. Johnson & Johnson proposes $8.9BN talc settlement. Over 2,700 individuals have sued the company and the company was paying $1 million per month to defend its legal position. The company’s recent $29 million settlement in South Carolina forced it to seek bankruptcy protection, arguing for a fair distribution of assets between talc claimants rather than being confiscated from the receiver. Other talc suppliers have also filed for bankruptcy due to legal proceedings.

May 4, 2023 update: U.S. bankruptcy judge Michael Kaplan has directed Johnson & Johnson to relaunch talks on settlement with lawyers who turned down the company’s $8.9 billion deal. The court in Trenton, New Jersey yesterday the parties appeared before a judge to discuss next steps for their second bankruptcy matter and Judge Kaplan encouraged further settlement talks.

This is the answer to settle these claims with J&J. A baby powder settlement could be made. Johnson & Johnson proposes $8.9BN talc settlement. But it will require additional money – perhaps billions of dollars – by Johnson & Johnson.

Lawyers are split on whether or not to agree with the proposal and not every client sees the issue the same way their lawyer does. Second bankruptcy cases are bound to be a failure as 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 The group of cancer victims who are suing Johnson & Johnson (J&J) asked that the 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 has filed a motion this week, asking for the Third Circuit to consider their appeal and return the case before a court of lower jurisdiction with instructions to discharge the bankruptcy. Johnson & Johnson proposes $8.9BN talc settlement. They also asked that the stoppage of tort litigation against J&J should be permitted to proceed.
LTL applied for Chapter 11 protection once again after its first bankruptcy filing was rejected in the Third Circuit earlier this year, offering a $8.9 billion payment. The committee says that the recent ruling allowing LTL’s third Chapter 11 to continue, in addition to halting trials against J&J and J&J, requires urgent Third Circuit review. The US Trustee also requested that the 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 response in the appeals court, characterizing the filing as a “desperate and legally insufficient attempt” by a small number of law firms who have conflicting financial interests.
May 1, 2023 Update: One frequently asked question is how plaintiffs and their lawyers be able to turn on $8.9 billion. Of course, it’s a lot of money. But there are plenty of victims. Johnson & Johnson proposes $8.9BN talc settlement. They are a great case for plaintiffs. We were reminded recently by two talc-related trials that resulted in big verdicts for the plaintiffs. In February mesothelioma, a talcum-based powder trial in Oregon resulted in an award of $18.1 million. A month later, another mesothelioma talc case was brought to trial on the other side of South Carolina and resulted in the verdict of $29 million in favor of plaintiff. In both instances, the defendant was Whittaker, Clark & Daniels Inc., one of the most prominent suppliers of talc within the U.S.
April 30 2023 Update: J&J initially attempted to pull the talcum powder litigation into bankruptcy, it was met with the option of putting aside $2 billion to settle the case. This was an absurdly low amount. All of the talc plaintiffs supported it. This time, J&J has increased the offer to $8.9 if the talc plaintiffs are willing to accept bankruptcy settlements and they also have the backing of a significant part of the talc-related plaintiffs and their attorneys. Johnson & Johnson proposes $8.9BN talc settlement. But with 75% of plaintiffs in the talc category, which is required for bankruptcy plan approval It’s a long and difficult process since there are so many lawyers with large inventory of baby powder-related lawsuits, opposed in favor of the deal.

What is the solution to this impasse? More billions.
April 25, 2023 update: Talc cancer claimants have sought a court order to reject the Chapter 11 case filed by LTL Management LLC, a absurdly-made-up Johnson & Johnson subsidiary, saying the company is not financially troubled. LTL applied for Chapter 11 to settle tens of thousands of claims that J&J’s baby powders cause cancer. Johnson & Johnson proposes $8.9BN talc settlement. It was the 3rd Circuit dismissed its first Chapter 11 case in January in a ruling that said LTL was not a candidate to receive bankruptcy relief because it did not show financial trouble.

The claimants contend that the second Chapter 11 case is an fraud on the bankruptcy system, and that it’s being pursued in bad good faith. J&J asserts that the bankruptcy settlement has “significant backing” from the firms that represent about 60,000 potential plaintiffs. It’s safe to say that the plaintiffs’ attorneys and victims ‘ lawyers are not united over this $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 offered a baby powder with a contaminant that caused cancer. Even though trials for talc lawsuits are paused for at least 60 calendar days however, new lawsuits may be filed, and lawyers may begin to prepare their cases. Johnson & Johnson proposes $8.9BN talc settlement. Judges expressed doubt about J&J’s ridiculous effort to revive its strategy with another bankruptcy case.

April 13th 2023 update: the biggest update is about the $8.9 billion over the course of 25 years settlement offer. Lawyers representing cancer victims within the MDL collective action vowed to fight the settlement alongside Talc claimants. Why? They argue that it’s too little money for the 70 000 cancer patients. Johnson & Johnson proposes $8.9BN talc settlement. These lawyers argue that J&J could negotiate a greater settlement or settle individual claims in the event that the latest bankruptcy is dismissed.

There is a different group of lawyers outside of the top leadership in this class action. They have amassed hundreds of thousands of cases. The group is seeking to settle the case now for what is believed to be less than these victims deserve. Their argument appears to be two-fold. The first is that they claim the settlement – which amounts to an average of $100,000 per plaintiff is fair.

That is a hard argument to prove. The second argument is more substance: the victims will now not wait and they want their money now.

April 12 2023 Update: Many are asking how J&J could file for bankruptcy again. The answer is complex and complicated. Let’s try to clarify it clearly.
Johnson & Johnson asserts that bankruptcy is the only way to settle both present and future talc lawsuits conclusively. It believes that it will be less expensive should there be an element of bankruptcy that puts pressure for a settlement. Johnson & Johnson proposes $8.9BN talc settlement. In a quest to cover the 400-year span of American history, the firm believes that bankruptcy is beneficial to all parties because it distributes settlement payments more evenly and effectively than trial courts, where litigants are awarded significant settlements while others get nothing.

The main thrust in this 3rd Circuit decision was this is not a case – an enterprise that is profitable, forming subsidiaries to meet the legal risk and declare bankruptcy, which is what Congress thought of when drafting its Bankruptcy Code. It also clarified that the entity was in financial trouble due to the fact that J&J promises unlimited funding.
This is why J&J jumped on the unlimited funding aspect of the agreement and didn’t make any promises to fund unlimited cases. The company claims that its updated financing arrangements with its subsidiary address concerns of the appellate court, while supplying funds for claim payments. As if providing victims with lower amounts of money would resolve the overarching problem.

Attorneys representing cancer patients who do not agree with the agreement counter this argument by saying that it is countering legal nonsense with legal absurdity: J&J fraudulently transferred $50 billion in assets to LTL Management to circumvent the appeals court’s earlier decision. The hyperbole wasn’t spared: victims’ lawyers call it the largest “fraudulent transaction that has occurred in United States history.”

In spite of the legal jargon, J&J does not really believe that this bankruptcy will last. But it’s a way of pushing this $8.9 billion settlement through and maintain pressure on plaintiffs.

April 10 2023 update: Bloomberg is running an intriguing article on a new law in New Jersey that is shedding new light on litigation funding in the baby powder Class action suit. Funders of litigation Virage Capital Management and TRGP Capital invested in hundreds of lawsuits against Johnson & Johnson (J&J) concerning talc products in exchange in exchange for a portion of wins. J&J has now offered an offer of $8.9 billion to settle any lawsuits.

The involvement of funders is publicly available because of an New Jersey court rule requiring the disclosure of certain information about funders outside the state. The rules aim to tackle the growing demands for regulation of litigation funders. J&J is facing more than 60,000 claims when you include state and federal Baby Powder lawsuits. Third-party funding of mass tort cases has pros and pros and. There is no doubt that we are seeing how third-party funding can level the playing field between individual as well as large corporations in court.

April 4 2023 Update: It’s enjoyable to see the worm turn in this litigation. J&J has taken another blow this week when they were denied by the Third Circuit denied J&J’s request to continue the automatic stay during the time that J&J appeals a bankruptcy decision to the U.S. Supreme Court. The automatic stay has frozen the cases of talcum powder in a number of years and prevented the filing of new lawsuits ever since J&J initiated the controversial effort to spin the talc debts off into a bankrupt subsidiary more than one year in the past. Johnson & Johnson proposes $8.9BN talc settlement. When it was decided that the 3rd Circuit ruled that this bankruptcy was insufficient some months ago, the stay was removed. J&J was hoping to have it continue in the meantime of the SCOTUS appeal. But the answer was no.
April 1st, 2023 Update Johnson & Johnson announced it will appeal its 3rd Circuit bankruptcy loss to the U.S. Supreme Court last week. There is a chance that the Supreme Court is willing even to take up the appeal? Low.
March 16 2023 Update: with the bankruptcy stay now officially lifted, the first new cases have been filed and transferred into the Talcum Powder class action MDL in over one year. Seven new talc lawsuits were joined to the MDL in the last month increasing the number of cases pending to 37,522.

February 25, 2023 Update This morning, a Congressmen from Tennessee has now demanded that The U.S. Government Accountability Office (GAO) start an investigation into the cost J&J Talc products have cost the government over the years.
A recent email to the GAO, Rep. Steven Cohen (D-Ten.) claimed that J&J of ignoring the risks of its talc products for years while tax dollars were utilized to treat people injured by exposure to the chemicals. The demand comes just weeks following J&J’s dramatic loss in the 3rd Circuit Court of Appeals.

Johnson & Johnson proposes $8.9BN talc settlement. J&J must begin making reasonable settlements to victims to begin in putting this behind it. This is a blemish on one of the greatest businesses.

February 14 2023 Update: At an appearance today in New Jersey, U.S. Bankruptcy Judge Michael Kaplan announced his intention in light of the ruling of 3rd U.S. Circuit Court of Appeals ruling to dismiss the bankruptcy case.

You May be Entitled to Significant Compensation Johnson & Johnson proposes $8.9BN talc settlement. 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!

>>> Johnson & Johnson Proposes $8.9bn Talc Settlement