You May be Entitled to Significant Compensation Talc 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 would be worth $400 million to US state AGs. Talc Cancer Reddit .

Johnson & Johnson (JNJ.N) has set the amount of $400 million for resolving U.S. state consumer protection actions as part of its wider $8.9 billion deal to settle claims that its Baby Powder and other talc products cause cancer. Talc cancer reddit.

J&J affiliate LTL Management filed a bankruptcy plan in New Jersey late on Monday that outlines how the firm plans to pay different kinds of cancer patients in a bankruptcy settlement. Talc cancer reddit. J&J has claimed that its Talc products are safe and don’t cause cancer. J&J is seeking another time to settle more than 38,000 lawsuits in bankruptcy, and to prevent any new cases from coming forward in the near future.
LTL’s bankruptcy plan would pay $400 million to a separate trust for claims made in state courts by attorneys general claiming that J&J did not comply with states’ unfair practices as well as consumer protection laws, by deceiving consumers regarding the quality of its talc products.

A number of states had already initiated consumer protection cases against J&J prior to LTL’s bankruptcy filing prevented those investigations from proceeding in 2021. Talc cancer reddit. New Mexico and Mississippi had already filed lawsuits 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 moved to dismiss LTL’s bankruptcy in a joint move with cancer victims and their counterparts from the U.S. Justice Department’s watchdog on bankruptcy, who argue that a profit-making firm like J&J cannot benefit from bankruptcy protections designed for those struggling with debt.
LTL’s first attempt at resolving the lawsuits in bankruptcy was thrown out after similar arguments. The U.S. appellate court decided the LTL was not in “financial difficulty” and thus not eligible of bankruptcy protection. Talc cancer reddit. LTL made a new bankruptcy application in just two hours following the dismissal, saying that the second bankruptcy was different in that it was able to borrow less and had a greater chance of securing an agreement.

New Mexico and Mississippi said in their motion to dismiss that LTL’s new bankruptcy violates state law enforcement powers by seeking to unilaterally limit LTL’s liability to state consumer protection measures.

Talc Cancer Reddit

LTL’s new filings also included more information about how the company would evaluate and pay cancer claims if the bankruptcy plan is approved.

The largest amount of money under the settlement will be $500,000 for patients diagnosed with cancer of the mesothelioma ovary before age 45, and $260,000 for those diagnosed with advanced ovarian cancer before age 45.

The proposed settlement provides discounts based on the type and severity of cancer, the patient’s age, the history of using talc and other factors. Talc cancer reddit. For example the case of a woman who used daily talc products, had a family history of ovarian cancer and was diagnosed with Stage II cancer of the ovary at the age of 55 may qualify for a $21,125 payout according to the plan.

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

After another round of hearings 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 enter into settlement talks, Bloomberg reports.

With its second bankruptcy bid for LTL management, a subsidiary founded by J&J to manage the claims company offered a settlement amounting to $8.9 billion. Talc cancer reddit. While a firm representing plaintiffs is in favor of the proposal, another group is opposed to the offer.

This week, the opposition group, known as the Official Committee of Talc Claimants requested the bankruptcy court to disqualify the petition by arguing that LTL cannot be regarded as in financial distress.

“The filing is a desperate and legally deficient attempt by a few of law firms to prevent claimants from voting on the resolution plan, a plan the vast majority of claimants approve of,” J&J’s litigation chief Erik Haas, said in an announcement. Talc cancer reddit. “The law firms that are behind the filing are pursuing financial interests which clash with, differ from and infringe on the rights that their customers. We’ll soon submit an appeal in the appeals court.”

Talc cancer reddit. Clay Thompson, a lawyer for MRHFM that has more than 80 mesothelioma clients who have sued J&J for bankruptcy, told the second bankruptcy attempt of J&J will fail.

“J&J sends out press releases about how wonderful its plan is while simultaneously insisting that the details of its plan–including the treatment the individual sick individuals would receive,” Thompson said in an email. “What do J&J have to cover up?”

talcumpowdercancerlawsuit

Kaplan has directed the parties to devise a second arrangement plan under the oversight of two mediators.

In February 2022, Kaplan affirmed the ability of J&J’s use of Chapter 11 to hasten a settlement that would release the company from the tens of thousands of claims related to its talcum-based products.

But in the month of January, a federal appeals court overturned the decision, ruling that the company was not able to be considered to be in “financial difficulty.”

When J&J’s attempt to appeal to the U.S. Supreme Court was dismissed at the end of April J&J declared bankruptcy two hours after. In response to that move, Kaplan froze the lawsuits for 60 days to decide whether to grant an additional bankruptcy.

J&J’s unstoppable profit engine sputters after $6.9B settlement charge for talc.

Through Two Chapter 11 attempts, J&J has purchased 19 months of which the cases were suspended. Talc cancer reddit. J&J wants the claimants to decide whether they want to accept the settlement. J&J requires 75% acceptance in order for the agreement to be accepted.

In addition to the group of talc lawyers who panned the company’s bankruptcy and the U.S. Trustee which is a division that is part of the U.S. Department of Justice was also the one to file a motion to dismiss LTL’s bankruptcy second case.

In a letter filed this week, U.S. trustee Andrew R. Vara wrote that the the bankruptcy court are “open to honest, but naive debtors.” The doors “are not accessible to those that don’t have a legitimate bankruptcy objective or seek to use bankruptcy to delay or hinder their creditors,” Vara continued.

In its own words, J&J maintains there is no evidence conclusive that its Talc products, which includes its popular baby powder can cause cancer. J&J has been taking the products from the market and will first launch them in North America in 2020–and the rest of the world this year.

J&J is determined to stay clear of the cost of going to trial. J&J has won the majority of cases that have been resolved through trial, though some losses have been punishing.
A highly-publicized trial in Missouri led to a $4.7 billion verdict against the drug maker but was later reduced to $2.1 billion following 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 settled. Out of 41 trials 32 have ended in the favor of J&J or a mistrial, or verdict of a plaintiff reversed on appeal. Talc cancer reddit. In addition, J&J in 2020 negotiated to settle around 1000 cases at a cost of the sum of $100 million. Bloomberg stated at the time.

Talcum Baby Powder Ovarian Cancer Lawsuit – Talc Cancer Reddit

Our lawyers are handling baby powder lawsuits in all 50 states. The lawsuits involving talcum powder on behalf of Johnson & Johnson have been going on for a long time. Talc cancer reddit. The lawsuits allege that prolonged use of talcum powder (or “talc”), the active ingredient found in products such as baby Powder as well as Shower to Shower which can cause ovarian cancer among some women.

This page provides an J&J update on the talc power litigation and explains how the forthcoming bankruptcy ruling impacts the ultimate settlement amount of these cases of ovarian cancer.

Has the deadline passed for you to bring a talcum lawsuit? Many who believe that the statute of limitations has run out 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 – Talc Cancer Reddit

June 2 2023 Update: In the trial for asbestos-containing talc which took place in California yesterday, some technical glitches interrupted the opening statements of the defense attorneys. Talc cancer reddit. Jurors from home via Zoom and hearing the Johnson & Johnson’s lawyer voice his doubts about the 70s research affirming the presence of asbestos in their product, but the session abruptly ended.

In the meantime, the plaintiff was able to introduce the first of their witnesses, Arthur Langer. Langer explained that the occurrence of additional minerals along with talc is inevitable. He claimed that his group was notified by J&J in the year 1971 of the presence of asbestos chrysotile in the talc of the company, but with less than 0.1 percent. He also found more asbestos in 1976.

June 1st, 2023 Update Talc cancer reddit. First trial after J&J has decided to separate its Talc division, and then declare bankrupt is an important turning point for the ongoing lawsuit drama. Trial began yesterday in the tragic trial of a young plaintiff, diagnosed with a rare and aggressive type of mesothelioma last year. which lawyers on both sides agree is a tragic loss.

Opening statements laid bare huge differences between the sides’ story. The attorney for the plaintiff took aim towards Johnson & Johnson, alleging the use of deceptive tactics in research practices and throughout the litigation procedure. In the words of attorney, the company attempted to manipulate the definition of asbestos, in spite of internal documents dating from 1998 and 1994 that show asbestos fibers that were found in the tissue of the plaintiffs are included.

Johnson & Johnson’s uncertain $8.9 billion settlement proposal hangs in the balance as we course of this trial. Despite the particularity of this mesothelioma case and its distinctive issues in comparison to other talcum powder lawsuits A verdict in favor of the plaintiff could inflict an unintended setback to Johnson & J’s expectations of widespread acceptance of their settlement proposal among plaintiffs.

May 31st 2023: Update from Johnson and Johnson’s bankrupt talc division was able to defend it’s two-time Chapter 11 filing in the face of challenges from talc injury claimants. In a written objection to the New Jersey bankruptcy court, J&J’s subsidiary claimed that the situation was distinct from the previous filing. It highlighted the extraordinary commitment of $8.9 billion from J&J the largest ever settlement in any bankruptcy case that involves mass tort. Talc cancer reddit. Not mentioned: how this amount means it is an equitable settlement. J&J also claimed that it received support from numerous plaintiffs’ law firms that represent over the 60,000 plaintiffs. It is difficult to confirm but it’s likely to be false.

May 24, 2023 Update: Since Johnson and Johnson’s bankruptcy filing in 2021 filing, the very first trial involving its cosmetic talc items allegedly containing asbestos is set to start jury selection Monday, California within the Alameda County Superior Court, an historically reliable location for plaintiffs. The plaintiff claims that his mesothelioma resulted from asbestos exposure in J&J’s product and the company has denied. The trial also includes six retailers accused of selling talc products.

May 22nd, 2023 Update: Lawyers in the 2nd J&J talc bankruptcy are in a dispute over who should be appointed to the position of future claims representative. This is an important role essential in resolving the claims involving talc. Talc cancer reddit. Randi Ellis, a lawyer who is frequently involved in MDLs across the country was appointed the claims representative in the first bankruptcy. J&J’s defense group wants Ellis to be appointed in that position and again, but attorneys for the talc plaintiffs are objecting to the claim that Ellis has a conflict of interest that should prevent her from being appointed to that post again. The dispute stems from issue that Ellis was believed to have been involved in drafting the hotly disputable second bankruptcy, which raises concerns regarding her capacity to remain neutral. However, the reality is that the bankruptcy will be dismissed in the end.

May 17th, 2023 Update: The pretend company that J&J created to settle the talc litigation bankruptcy informed an New Jersey bankruptcy court that they have designated $400 million as a settlement for claims brought by states accusing J&J of misleading marketing for its talc product. Talc cancer reddit. That’s an $8.5 billion settlement for cancer patients. It is hard to imagine a scenario where J&J can get these settlements for babies at these numbers. Although J&J’s $8.5 billion offer may seem like a huge sum initially, it does not appear appealing when you consider the math. The proposed settlement based on our estimates – will not be able to pay victims more than an average settlement $100,000 per case. It’s not enough.

May 15th 2023 Update J&J could be facing lawsuit brought by an advocacy group representing cancer victims. Talc cancer reddit. The group claims that J&J deliberately retracted an $61.5 billion funding agreement with its subsidiary, LTL Management LLC, in order to create a false sense of financial distress and to validate the company’s Chapter 11 bankruptcy filing. The group claims this decision is equivalent to a fraudulent transfer of rights of compensation for victims. They will 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 in it is expected that the U.S. Bankruptcy Court in New Jersey will hear oral arguments regarding a motion to reject the second bankruptcy filing that was filed by J&J subsidiaries LTL Management. In the meantime, however LTL Management has filed an order requiring both sides to take part in a new settlement negotiation to see if it will be possible to reach a global settlement agreement 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. Talc cancer reddit. Over 2,700 people have sued the firm and it has been spending $1 million a month to defend its legal position. The company’s latest $29 million verdict that was handed down in South Carolina forced it to file for bankruptcy protection, arguing that assets should be distributed in an equitable manner between talc claimants rather than being confiscated by the receiver. Other talc suppliers have also been forced to file for bankruptcy as a result of litigation.

May 4 2023 update: U.S. Court of Bankruptcy Michael Kaplan has directed Johnson & Johnson to restart negotiations with lawyers who turned down the company’s $8.9 billion settlement offer. The court in Trenton, New Jersey yesterday the parties gathered in court to discuss next steps in this second case of bankruptcy and Judge Kaplan pushed more settlement talks.

This is the answer to settle these claims with J&J. A baby powder settlement can be completed. Talc cancer reddit. But it’ll need more money – more billions of dollars – by Johnson & Johnson.

Lawyers have a split opinion on whether or not to agree with the proposal and not all clients see the situation the same way their lawyer does. Second bankruptcy cases are destined to be a failure the judge Kaplan has scheduled a hearing in June to determine if she will dismiss the bankruptcy for the second time.

May 3 2023 Update A group of cancer victims who are suing Johnson & Johnson (J&J) demanded for they request that the Third Circuit halt the bankruptcy filed by J&J subsidiary LTL Management, claiming it is an attempt to derail the litigation involving talc products. The group representing claimants for talc submitted a motion on Tuesday requesting that the Third Circuit to consider their case and then send it back an earlier court with instructions to dismiss the bankruptcy. Talc cancer reddit. The committee also requested that the halted tort litigation against J&J continue to proceed.
LTL applied for Chapter 11 protection once again following the bankruptcy filing it made earlier was denied in the Third Circuit earlier this year with the possibility of an $8.9 billion payment. The committee says that the recent ruling allowing the second Chapter 11 to continue, in addition to halting trials against J&J and J&J, requires immediate Third Circuit review. The US Trustee requested an New Jersey bankruptcy court dismiss the LTL bankruptcy case. J&J’s worldwide vice president of litigation, Erik Haas, was quoted by Bloomberg as saying that J&J plans to file a response in the appeals court, characterizing the filing as a “desperate and legally flawed effort” by a select group of law firms that have competing financial interests.
May 1 2023 Update: One question people keep asking is how could plaintiffs and their attorneys turn off $8.9 billion. Of course, that’s an immense amount of money. But there are a lot of victims. Talc cancer reddit. And these are really good case for plaintiffs. We were reminded of this recently by two talc-related trials that have resulted in huge verdicts for plaintiffs. In February mesothelioma cases, a talcum powder trial in Oregon ended in the verdict of $18.1 million. The following month, a second mesothelioma trial involving talc was held for trials in South Carolina and resulted in an award of $29 million in favor of plaintiff. Both cases were defended by Whittaker, Clark & Daniels Inc. one of the largest suppliers of talc within the U.S.
April 30th, 2023 Update: When J&J initially tried to take the litigation over talcum powder into bankruptcy, they came with the option of putting aside $2 billion to settle the case. It was a ridiculously small amount. None of the talc plaintiffs believed in the offer. However, this time, 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 large segment of the talc plaintiffs and their attorneys. Talc cancer reddit. However, 75% of talc plaintiffs, which is required for bankruptcy plan approval, it a tough road with so many lawyers with huge collections of baby powder lawsuits that are opposed in favor of the deal.

What can be done to end the impasse? More billions.
April 25, 2023 update: Talc plaintiffs have requested a judge to disqualify their Chapter 11 case filed by LTL Management LLC, a absurdly made-up Johnson & Johnson subsidiary, insisting that the company is not financially strained. LTL requested Chapter 11 to settle tens of thousands of claims that J&J’s baby powders caused cancer. Talc cancer reddit. The 3rd Circuit dismissed its first Chapter 11 case in January and said that LTL was not eligible for bankruptcy relief because it was unable to demonstrate financial distress.

The claimants assert that the Second Chapter 11 case is an misuse of the bankruptcy system and the case is being handled in bad good faith. J&J states that the bankruptcy settlement is backed by “significant backing” from companies representing approximately 60,000 plaintiffs. It is fair to say that lawyers representing plaintiffs and victims ‘ lawyers are not united over the $8.9 billion settlement offer.

April 21st, 2023 Update A bankruptcy judge has decided in favor of Johnson & Johnson must face new lawsuits alleging that the company sold baby powder that was contaminated and causing cancer. Although the trials for the talc lawsuits have been suspended for a minimum of 60 days but new lawsuits can be filed and lawyers will begin preparing their cases. Talc cancer reddit. The judge expressed his doubts about J&J’s absurd attempt to relaunch its strategy in a second bankruptcy case.

April 13 2023 Update: The most important announcement is an $8.9 billion over 25 year period settlement offered. Lawyers representing cancer patients involved in MDL class action MDL class action have vowed to fight the settlement with the talc claimants. Why? They feel it’s too little money for the 70,000 victims who have cancer. Talc cancer reddit. These lawyers believe that J&J should negotiate a bigger settlement or pursue individual claims in the event that the latest bankruptcy is thrown out.

There is a different group of lawyers outside of the top leadership in this class action. They have amassed many thousands of cases. The group is seeking to settle today with what they believe is less than the victims deserve. Their argument seems to be two-fold. First, they argue the settlement, which is about 100 million dollars on average per plaintiff is fair.

It’s a difficult argument to present. However, their second argument has more substance: the victims will not afford to wait any longer and need to get their money right now.

April 12 2023 Update: Many are asking how J&J is able to file for bankruptcy again. The answer is complicated and confusing. However, let’s attempt to explain it clearly.
Johnson & Johnson asserts that bankruptcy is the only means to deal with both present and future talc litigations in a definitive manner. It believes it can pay less if there is a bankruptcy element that creates pressure for a settlement. Talc cancer reddit. Moving past 400 years of American history, the firm asserts that bankruptcy benefits all parties by distributing settlements more fairly and effectively than trial courts, in which some litigants receive substantial settlements while others get nothing.

The main thrust in this 3rd Circuit decision was this is not a matter of an enterprise that is profitable, forming subsidiaries to meet the legal burden and declare bankruptcy, which is what Congress contemplated when drafting the Bankruptcy Code. However, the court also ruled that the subsidiary was not in financial trouble due to the fact that J&J promised unlimited funding.
Thus, J&J decided to go with the unlimited funding portion of the deal and did not promise to offer unlimited funding for the litigation. The company says that its new financing agreements with its subsidiary will address appeals court’s concerns, while providing funds for claims. As if providing victims with lesser money could solve the underlying issue.

Attorneys representing cancer victims who oppose the agreement counter the agreement with what is countering legal nonsense with legal absurdity: J&J fraudulently transferred $50 billion of assets away from LTL Management to circumvent the appeals court’s previous decision. Hyperbole was not spared by the victims’ lawyers, who call it the biggest “fraudulent transaction of assets in United States history.”

Notwithstanding the legal mumbo jumbo, J&J does not really think that the bankruptcy will endure. But it is a way of trying to push this $8.9 billion settlement and keep pressure on plaintiffs.

April 10 2023 Update: Bloomberg offers an informative report on a brand new law that has been passed in New Jersey that is shedding new light on the funding of litigation in the suit for class actions. The funders who fund litigation Virage Capital Management and TRGP Capital invested in hundreds of claims against Johnson & Johnson (J&J) over talc products in exchange in exchange for a portion of profits. J&J is now willing an offer of $8.9 billion to settle all lawsuits.

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

April 4 2023 Update: It’s interesting to watch the worm turning in this litigation. J&J suffered another setback this week when an appeals court in the Third Circuit denied J&J’s request to extend the automatic stay during the time that J&J appeals a bankruptcy ruling at the U.S. Supreme Court. The automatic stay has stopped thousands of talcum powder cases and stopped new lawsuits from arising ever since J&J launched the controversial attempt to spin the talc debts into a bankrupt subsidiary more than a year earlier. Talc cancer reddit. When the 3rd Circuit ruled that this bankruptcy was insufficient some months ago, the stay was removed. J&J was hoping to have it remain in effect until the 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. The likelihood that is that the Supreme Court is willing even to consider the appeal? Low.
March 16 2023 Update: with the bankruptcy stay now in effect, the first new cases have been filed and transferred into the class action involving talcum powder MDL in over one year. Seven new talc-related lawsuits were added to the MDL in the last month, bringing the total number of pending cases up to 37,522.

February 25 2023 Update: A Congressmen from Tennessee has now demanded that The U.S. Government Accountability Office (GAO) initiate an investigation into the cost J&J Talc products have cost the government over the decades.
Recently, in an open letter to the GAO, Rep. Steven Cohen (D-Ten.) accused J&J of ignoring the dangers of its talc-based products for long while tax dollars used to treat those who were injured through exposure to the chemicals. The demand comes just weeks after J&J’s loss to the 3rd Circuit Court of Appeals.

Talc cancer reddit. J&J should begin to make fair settlement offers to victims to getting this behind. It’s a mark on one of the greatest firms.

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