You May be Entitled to Significant Compensation Talc is asbestos. 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 pay the sum of $400 million US state AGs. Talc Is Asbestos .

Johnson & Johnson (JNJ.N) has set aside $400 million to address U.S. state consumer protection actions as part of a broad $8.9 billion deal to settle claims that its Baby Powder and other talc-based products cause cancer. Talc is asbestos.

J&J company subsidiary LTL Management filed a bankruptcy plan in New Jersey late on Monday which outlines how the company intends to pay different types of cancer patients in bankruptcy settlement. Talc is asbestos. J&J has stated that its products containing talc are safe and will not cause cancer. It is attempting for a second time to resolve more than 38,000 lawsuits in bankruptcy, as well as prevent new lawsuits from being filed in the near future.
LTL’s bankruptcy plan will pay $400 million to a separate trust for lawsuits filed with state attorneys general claiming that J&J had violated state unfair business practices as well as consumer protection laws, by deceiving consumers about the safety of its talc products.

Some states had started consumer protection lawsuits against J&J prior to LTL’s bankruptcy filing prevented these investigations from moving forward in 2021. Talc is asbestos. New Mexico and Mississippi had already launched suits for damages against Johnson & Johnson before then and states like Arizona, Maryland, North Carolina, Texas and Washington had issued civil investigative demands or subpoenas in LTL’s court filings.

New Mexico and Mississippi have moved to dismiss LTL’s bankruptcy as well as cancer patients as well as their counterparts from the U.S. Justice Department’s bankruptcy watchdog. They argue that a profit-making business like J&J does not qualify for bankruptcy protections meant for the struggling debtors.
The first attempt by LTL to resolve the bankruptcy-related lawsuits was rejected after the same arguments, when a U.S. appeals court ruled the LTL had not been in “financial difficulty” and thus not eligible under bankruptcy law. Talc is asbestos. LTL declared bankruptcy a second time just over two hours after the decision to dismiss, arguing that the second bankruptcy was different because it had less money available and more backing for an agreement.

New Mexico and Mississippi said in their motion to dismiss LTL’s new bankruptcy violates state law enforcement authorities by trying to unilaterally cap the liability of the company for state consumer protection measures.

Talc Is Asbestos

The filings of LTL’s latest bankruptcy proceedings also include more details on how the company would assess and pay claims for cancer if the bankruptcy plan is approved.

The highest payments under the settlement will be $500,000 to those diagnosed with cancer of the mesothelioma ovary before the age of 45, and $260,000 for patients diagnosed with terminal ovarian cancer before age 45.

The proposed settlement offers discounts based on the severity and type of cancer, the individual’s age, previous talc use and other factors. Talc is asbestos. For instance the case of a woman who used talc products on a weekly basis, who had a family history of ovarian cancer and was diagnosed with stage II ovarian cancer at the age of 55 could be in line to receive a payment of $21,125 under the settlement plan.

Judge ordains J&J and talc opponents take part in settlement talks.

Following another round of hearings in Johnson & Johnson’s effort to implement a Texas Two-Step bankruptcy strategy to resolve talc litigation and federal bankruptcy judge Michael Kaplan has ordered the company as well as those who oppose the strategy to engage in settlement talks, Bloomberg reports.

The second time it attempted to file for bankruptcy for LTL Management–a subsidiary established by J&J to hold the claims–the company offered a settlement amounting to $8.9 billion. Talc is asbestos. While one group of law firms representing plaintiffs agree with the offer, another group opposes the deal.

Earlier this week, the opposition group, which is known as”The Official Committee of Talc Claimants and urging the bankruptcy court to dismiss the case argument that LTL is not a factor in financial distress.

“The filing is an unjust and legally flawed attempt by a small number of law firms to stop claimants from deciding on the resolution, which that the vast majority of claimants support,” J&J’s litigation chief Erik Haas, said in a statement. Talc is asbestos. “The law firms that are behind their filing are financially oriented and have conflicts that conflict with, diverge from and infringe on the rights of their clients. We will be submitting an answer in the appeals court.”

Talc is asbestos. Clay Thompson, a lawyer for MRHFM who is home to more than patients with mesothelioma who have filed lawsuits against J&J, said that J&J’s second bankruptcy attempt will fail.

“J&J issues press releases about how great the plan is but simultaneously insisting that the plan’s details, including what each sick person will receive–be kept secret,” Thompson said in an email. “What do they have to conceal?”

talcum powder lawsuit payout

Kaplan has directed the parties to come up with another strategy for reorganization, under the oversight from two mediators.

The court in February of 2022 Kaplan acknowledged J&J’s recourse to Chapter 11 to hasten a settlement that would release the company from the thousands of lawsuits related to its talcum-based products.

But in January of this year, a federal appeals court ruled against the ruling, ruling that the company could not be considered in “financial financial distress.”

In the event that J&J’s request to challenge the U.S. Supreme Court was rejected at the end of April J&J filed for its second bankruptcy two hours after. In response to that move, Kaplan froze the lawsuits for 60 days to decide whether or not to accept the second bankruptcy.

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

With 2 Chapter 11 attempts, J&J has gotten 19 months of which cases were put suspended. Talc is asbestos. The company would like claimants to take a vote to accept their settlement. J&J needs 75% support in order for the agreement to be accepted.

In addition to the gang of talc lawyers who criticised the company’s bankruptcy in the U.S. Trustee, the U.S. Trustee which is a division of the U.S. Department of Justice, also filed an application to dismiss LTL’s bankruptcy second case.

In a recent filing, U.S. trustee Andrew R. Vara wrote that the the bankruptcy court remain “open to honest, but naive debtors.” These doors “are not accessible to those who do not have a legitimate bankruptcy reason or want to take advantage of the bankruptcy process to hinder or delay their creditors.” Vara continued.

For its part, J&J maintains there is no proof conclusive that their products containing talc, such as its famous baby powder, can cause cancer. J&J has been taking the products of the market–first on North America in 2020–and the rest of the world later this year.

J&J wants to avoid the costly business of going to trial. The company has won the majority of cases decided in court, however certain losses have been extremely punishing.
A highly publicized trial in Missouri resulted in an $4.7 billion verdict against the drugmaker but was later reduced 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 talc trials that are either appealing or resolved. Out of 41 trials, 32 have resulted in winning for J&J either through a mistrial or verdict for a plaintiff that was dismissed on appeal. Talc is asbestos. Additionally, the company in 2020 negotiated to settle nearly 1000 cases for 100 million dollars, Bloomberg announced at that time.

Talcum Baby Powder Ovarian Cancer Lawsuit – Talc Is Asbestos

Our lawyers are handling the baby powder litigation in all 50 states. The lawsuits involving talcum powder on behalf of Johnson & Johnson have been ongoing for years. Talc is asbestos. The lawsuits contend that the prolonged use of the powder (or “talc”), the active ingredient found in products such as Shower to Shower Powder as well as Shower to Shower which can cause cancer of the ovary in certain women.

This article provides an J&J talc power litigation update and explains how the forthcoming bankruptcy ruling will impact the final settlement amounts of the cases of ovarian cancer.

Did the deadline expire for you to bring a talcum lawsuit? Many who assume the statute of limitations has passed to file a lawsuit against Johnson & Johnson are wrong. Call us now at 800-553-2082 or request a no-cost and quick review of your case online.

Johnson and Johnson Talcum Powder Lawsuit Update 2023 – Talc Is Asbestos

June 2 2023 Update: In an asbestos talc court trial held at the trial in California yesterday, a couple of technical issues interrupted the opening speech of defense lawyers. Talc is asbestos. The jurors, attending from home via Zoom but did not hear Johnson & Johnson’s lawyer expressing skepticism about the 70s science that claimed asbestos was present in their product before the opening was abruptly ended.

Meanwhile, the plaintiff was able to present an initial witness Arthur Langer. Langer stated that the presence of additional minerals along with talc is inevitable. He also testified that his team advised J&J in the year 1971 about the presence of chrysotile asbestos the company’s talc, albeit at just 0.1 percent. He also discovered more asbestos in the year 1976.

June 1st, 2023 Update Talc is asbestos. First trial after J&J took the decision to disband its Talc section and declaring bankruptcy is an important turning point in the ongoing talc lawsuit saga. The trial started yesterday in the poignant case of a young, 24-year-old plaintiff, diagnosed with a rare and aggressive type of mesothelioma last year, which lawyers on both sides agree is a grave tragedy.

The opening statements exposed the distinct differences between each side’s story. The plaintiff’s attorney took aim against Johnson & Johnson, alleging the use of misleading techniques in its research practices and throughout the litigation procedure. The attorney claims that, according to the company attempted to manipulate the definition of asbestos in spite of internal documents from 1998 and 1994 that show asbestos fibers in the tissues of the plaintiff are part of.

Johnson &J’s tangled $8.9 billion settlement offer hangs in the balance with the course of this trial. Despite the particularity of this mesothelioma case and its distinct issues compared to most talcum powder lawsuits A verdict in favor of the plaintiff could cause a serious setback to J&J’s expectations of widespread acceptance of their proposed settlement among plaintiffs.

May 31st 2023 Update: Johnson & Johnson’s bankrupt talc business was able to defend its 2nd Chapter 11 filing in the face of challenges from talc injury claimants. In an opposition filed with the New Jersey bankruptcy court, the subsidiary argued that the case was fundamentally different from the first filing. It also emphasized the unprecedented commitment of $8.9 billion in settlement from J&J which is the largest ever settlement in any bankruptcy case that involves mass tort. Talc is asbestos. There was no mention of how this amount indicates that it is an equitable settlement. J&J also claimed that it received support from numerous plaintiffs’ law companies representing over 600,00 claimants. It is difficult to confirm but it’s likely to be false.

May 24 2023 Update: In the wake of Johnson & Johnson’s 2021 bankruptcy filing, the very first trial involving its cosmetic talc products that are believed to comprised of asbestos is set to begin jury selection on Monday, California at Alameda County Superior Court, an historically reliable location for plaintiffs. The plaintiff claims his mesothelioma was triggered by asbestos exposure in J&J’s product which that the company has denied. The trial also involves six retailers who are accused of selling talc-containing products.

May 22nd, 2023 Update Lawyers in the 2nd J&J Talc bankruptcy are currently battling over who should be chosen to fill the role of a future claims representative. This is a role that is critically important to resolving the Talc claims. Talc is asbestos. Randi Ellis, a lawyer who frequently appears in MDLs all over the nation was appointed the claims representative in the initial bankruptcy. J&J’s defense group wants Ellis to be named to the position yet again, but the lawyers for the talc plaintiffs have raised objections to the claim that Ellis has an unrelated conflict of interest that should prevent her from holding that position again. The dispute stems from possibility that Ellis was involved in drafting the hotly litigated second bankruptcy, raising doubts about her capacity to be neutral. In reality, this bankruptcy is likely to be tossed out anyway.

May 17, 2023 Update The fake company J&J created to settle the talc litigation bankruptcy has informed an New Jersey bankruptcy court that they have allocated $400 million as a settlement for claims brought by states accusing the company of deceitful advertising for its talc product. Talc is asbestos. This amounts to an $8.5 billion settlement for cancer patients. It’s difficult to imagine any scenario in which J&J can push these baby powder settlements through with these numbers. While J&J’s $8.5 billion offer sounds like a huge sum initially, it does not look good when you do the math. This settlement offer based on our rough calculations would not provide victims with much more than $100,000 per case. That is not enough.

May 15th, 2023 update: J&J is potentially facing a lawsuit brought by an advocacy group representing cancer patients. Talc is asbestos. The group contends that J&J deliberately withdrew an $61.5 billion fund-raising agreement with its subsidiary, LTL Management LLC, to simulate financial distress and confirm the unit’s Chapter 11 bankruptcy filing. The group claims this decision is a fraud transfer of the rights of compensation for victims. They plan to explore J&J’s actions in the wake of the decision to dismiss LTL’s first bankruptcy suit.

May 10 2023 Update: Next week in the U.S. Bankruptcy Court in New Jersey will hear oral arguments in a motion dismiss the second bankruptcy filing by J&J subsidiaries LTL Management. However, in the meantime, it has approved an order that requires both parties to participate in a new settlement mediation hoping that an international settlement agreement can be brokered.

May 5th 2023 Update: Talc provider Whittaker, Clark & Daniels filed for Chapter 11 bankruptcy due to several lawsuits alleging that its talc products cause cancer from asbestos exposure. Talc is asbestos. Over 2,700 individuals have sued the company, and it was spending $1 million a month for legal defense. The company’s recent $29million verdict in South Carolina forced it to apply for bankruptcy protection and argue for equitable distribution of assets to talc claimants, rather than being taken over in the hands of the receiver. Other suppliers of talc have declared bankruptcy because of the litigation.

May 4, 2023 Update U.S. Bankruptcy Judge Michael Kaplan has directed Johnson & Johnson to restart talks on settlement with lawyers who rejected the proposed $8.9 billion offer for settlement. In Trenton, New Jersey yesterday, the parties gathered in court to discuss the next steps for the second bankruptcy case and Judge Kaplan encouraged further settlement talks.

This is the answer to resolve these claims for J&J. The baby powder settlement is likely to get done. Talc is asbestos. However, it’ll require more money – more billions of dollars – of Johnson & Johnson.

Lawyers have a split opinion on whether to accept the proposal and not every client sees the issue in the same manner their lawyer sees it. Second bankruptcy cases are expected to be a failure with Judge Kaplan has set a date for a hearing in June to decide whether to remove the bankruptcy after the second.

May 3, 2023 Update A group of cancer victims suing Johnson & Johnson (J&J) demanded to have the Third Circuit halt the bankruptcy filed by J&J subsidiary LTL Management, claiming it attempts to block litigation over talc products. The group of talc claimants made a motion Tuesday, asking for the Third Circuit to consider their appeal and return the case an earlier court with instructions to dismiss the bankruptcy. Talc is asbestos. They also asked that the stoppage of tort litigation against J&J continue to continue.
LTL applied for Chapter 11 protection once again after its first bankruptcy filing was rejected in the Third Circuit earlier this year with the possibility of an $8.9 billion settlement. The committee says that the recent ruling allowing the second Chapter 11 to continue, in addition to halting trials against J&J, warrants the 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 plans to file a response to the appeals court calling the request a “desperate and legally insufficient move” by a handful of law firms with different financial interests.
May 1st 2023 Update: One question people keep asking is how the plaintiffs’ lawyers and their clients turn off $8.9 billion. That’s of course a lot of money. But there are plenty of victims. Talc is asbestos. These are an excellent arguments for plaintiffs. We were reminded of this recently in two talc trials which led to huge verdicts for plaintiffs. In February mesothelioma cases, a talcum powder trial in Oregon led to an award worth $18.1 million. A month later, another mesothelioma talc case was brought to trial on the other side of South Carolina and resulted in a verdict of $29 million on behalf of the plaintiff. The defendant in both cases was Whittaker, Clark & Daniels Inc. which is one of the top producers of talc in the U.S.
April 30th 2023 Update: J&J initially tried to take the talcum powder litigation into bankruptcy, they came with the option of putting aside $2 billion to settle the case. It was a ridiculously small amount. All of the talc plaintiffs supported the proposal. However, this time, J&J has increased the offer to $8.9 for talc-related plaintiffs if they are willing to accept bankruptcy settlements and they have the support of a substantial segment of the talc plaintiffs and their lawyers. Talc is asbestos. But with 75% of plaintiffs of talc are required for bankruptcy plan approval is not an easy task with so many lawyers with huge inventory of baby powder lawsuits opposed against the proposed settlement.

What could solve the impasse? More billions.
April 25, 2023, Update Talc Cancer victims have demanded a judge dismiss the Chapter 11 case filed by LTL Management LLC, a ridiculously made-up Johnson & Johnson subsidiary, insisting that the company is not financially troubled. LTL applied for Chapter 11 to settle tens of thousands of claims that J&J’s baby-powders caused cancer. Talc is asbestos. It was the 3rd Circuit dismissed its first Chapter 11 case in January, saying LTL was not a candidate for bankruptcy relief as it did not show financial trouble.

The claimants contend that LTL’s 2nd Chapter 11 case is an fraud on the bankruptcy system and that the case is being handled in bad faith. J&J claims the bankruptcy settlement is backed by “significant support” from the firms that represent around 60,000 plaintiffs. It’s safe to say that lawyers representing plaintiffs and the victims are split over what they believe is an $8.9 billion amount of settlement offered.

April 21st, 2023 Update A bankruptcy judge ruled that Johnson & Johnson must face new lawsuits alleging that the company offered a baby powder with a contaminant that caused cancer. Although trials for Talc lawsuits are suspended for at least 60 calendar days however, new lawsuits may be filed, and lawyers can begin preparing their cases. Talc is asbestos. The judge expressed his doubts about J&J’s ridiculous effort to revive its strategy by filing another bankruptcy case.

April 13 2023: Update on the major update is about the $8.9 billion over the next 25 years offer for settlement. Lawyers representing cancer victims within the MDL collective action promised to fight the settlement with Talc claimants. Why? They feel it’s not enough money for 70,000 victims who have cancer. Talc is asbestos. They argue that J&J should seek a bigger settlement or pursue individual claims in the event that the latest bankruptcy is thrown out.

But there is another group of lawyers that is not part of the top leadership in group action. The lawyers collectively have accumulated hundreds of thousands of cases. They want to settle now for what many argue is far less than what these victims deserve. Their argument appears to be two-fold. They argue that the settlement – about 100 million dollars on average per plaintiff – is fair.

This argument isn’t easy to argue. But their second argument has more substance: the victims will be no longer patient and demand the money immediately.

April 12 2023 Update: Some people are wondering if J&J can file for bankruptcy again. The answer is complicated and complex. Let’s try to clarify it in simple terms.
Johnson & Johnson asserts that bankruptcy is the only method to deal with both present and future talc lawsuits conclusively. That is, it thinks it can get a lower rate when there is an element of bankruptcy that puts pressure to settle. Talc is asbestos. Moving past the 400-year span of American time, the business claims that bankruptcy benefits all parties because it distributes settlement payments more evenly and efficiently than trial courts, in which some litigants receive substantial awards while others receive nothing.

The essence in this 3rd Circuit decision was this is not a case of one that makes a profit, but an entity to assume the legal risk and declare bankruptcy, which is what Congress thought of when drafting its Bankruptcy Code. It also clarified that the entity was financially difficulty because J&J offered unlimited financing.
So J&J jumped on the unlimited funding aspect of the holding and did not promise to offer unlimited funding for the litigation. The company claims that updated financing arrangements with its subsidiary address appeals court’s concerns while still offering funds to pay claims. As if providing victims with less money will solve the problem at hand.

Attorneys representing cancer patients who do not agree with the agreement counter the agreement with what is countering legal nonsense legal nonsense: J&J fraudulently transferred $50 billion in assets away from LTL Management to circumvent the appeals court’s previous ruling. Hyperbole is not exempt: victims’ lawyers call it the most significant “fraudulent deal ever in United States history.”

Despite all the legal jargon, J&J does not really think that the bankruptcy will endure. However, it’s a means to push for this $8.9 billion settlement, and to keep pressure on plaintiffs.

April 10, 2023 Update Bloomberg offers an informative article about a new law within New Jersey that is shedding new light on litigation funding in the Class action suit. Litigation funders Virage Capital Management and TRGP Capital invested in hundreds of claims in the case of Johnson & Johnson (J&J) regarding talc products, in exchange for a percentage of any settlements. J&J is now willing that it will pay $8.9 billion to settle lawsuits.

The involvement of the funders is public information because of the New Jersey court rule requiring the disclosure of certain information about funders outside the state. This rule is intended to address the growing calls for regulation of the litigation funders. J&J is facing more than 60,000 claims when you take into account federal and state child powder-related lawsuits. Third-party funding for mass tort lawsuits has its pros and pros and. There is no doubt that we are witnessing the ways that third-party funding can even the playing field between individual and big corporations in the courtroom.

April 4, 2023 Update: It is enjoyable to see the worm turn in this litigation. J&J suffered another setback this week when the Third Circuit denied J&J’s request to maintain the automatic stay during the time that J&J appeals an appeal at the U.S. Supreme Court. Automatic stays have frozen hundreds of cases involving talcum powder and stopped any new lawsuits from being filed ever since J&J launched the controversial attempt to spin the talc liability into a bankrupt subsidiary more than a year in the past. Talc is asbestos. When it was decided that the 3rd Circuit ruled that this bankruptcy was insufficient some months ago, the stay was revoked. J&J wanted to see it continued pending hearing 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 consider the appeal? Low.
March 16th 2023 Update: With the bankruptcy stay having been officially lifted, the very first new cases have been filed and transferred into the talcum powder class action MDL within a year. Seven new talc cases were included in the MDL in the last month and brought the total number of pending cases up to 37,522.

February 25, 2023 Update The following information is available: A Congressmen from Tennessee is now calling for The U.S. Government Accountability Office (GAO) begin an investigation into the amount J&J Talc products have cost the government over the decades.
A recent email addressed to the GAO, Rep. Steven Cohen (D-Ten.) in a recent letter to the GAO, Rep. Steven Cohen (D-Ten. J&J of ignoring the dangers of its talc-based products for many years, while tax dollars were spent on treating people who suffered injuries from exposure to the chemicals. The lawsuit comes just a few weeks following J&J’s dramatic loss in the 3rd Circuit Court of Appeals.

Talc is asbestos. J&J must begin making reasonable settlement offers to victims to begin the process of putting all this behind. This is a disgrace to one of the most prestigious firms.

February 14 2023 Update: At 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.