You May be Entitled to Significant Compensation Talcum powder lawsuit news updated. 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 will be worth $400 million to US state AGs. Talcum Powder Lawsuit News Updated .
Johnson & Johnson (JNJ.N) has put aside $400 million to address U.S. state consumer protection actions as part of a broad $8.9 billion deal to settle allegations that its Baby Powder as well as other talc product causes cancer. Talcum powder lawsuit news updated.
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 victims as part of bankruptcy settlement. Talcum powder lawsuit news updated. J&J has declared that its talc products are safe and don’t cause cancer. It is attempting for a second time to resolve more than 38,000 lawsuits in bankruptcy and prevent new cases from coming forward in the near future.
LTL’s bankruptcy plans would deposit $400 million to an additional trust to settle claims brought from state attorney generals alleging that J&J violated state unfair business practices as well as consumer protection laws through misleading consumers about the quality of its talc products.
Several states had begun consumer protection measures against J&J before LTL’s first bankruptcy filing stopped these investigations from proceeding in 2021. Talcum powder lawsuit news updated. 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 subpoenas or civil investigative demands according to court filings.
New Mexico and Mississippi have filed a petition to end LTL’s bankruptcy in a joint move with cancer victims as well as their counterparts from the U.S. Justice Department’s bankruptcy watchdog. They have argued that a profitable firm like J&J is not eligible for bankruptcy protections aimed at struggling debtors.
The first attempt by LTL to resolve the bankruptcy cases was dismissed following similar arguments. The U.S. appeals court ruled the LTL was not in “financial distress” and ineligible for bankruptcy protection. Talcum powder lawsuit news updated. LTL had filed for bankruptcy again in just two hours following the dismissal, arguing the second bankruptcy was different due to the fact that it had less money and had more support for an agreement.
New Mexico and Mississippi said in their motion for dismissal that LTL’s latest bankruptcy violation of the law enforcement powers of the state by trying to unilaterally cap the liability of the company for state consumer protection actions.
Talcum Powder Lawsuit News Updated
LTL’s filings for the new year also contained more information about how the company plans to evaluate and pay claims for cancer should the bankruptcy plan be approved.
The highest payments under the settlement would be $500,000 to those diagnosed with mesothelioma that is terminal before age 45 and $260,000 for those who have been diagnosed with cancer of the ovary prior to age 45.
From there, the proposed settlement offers discounts based on the type and severity of cancer, an individual’s age, previous using talc and other factors. Talcum powder lawsuit news updated. For instance someone who regularly used talc products weekly, had an ovarian cancer family history, cancer, and was diagnosed with the stage 2 ovarian cancer when she was 55 might qualify for a $21,125 payout under the program.
Judge orders J&J and talc oppositionists to take part in settlement talks.
Following another round of hearings in Johnson &Johnson’s attempt to employ 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 handle the claims company offered a settlement of $8.9 billion. Talcum powder lawsuit news updated. While one group of law firms representing plaintiffs agree with the settlement, a different group opposes the deal.
Earlier this week, the opposition group, called”the Official Committee of Talc Claimants in the bankruptcy court, demanded to dismiss the case arguing that LTL is not considered to be in financial distress.
“The filing is an incredibly legal and ineffective attempt by a few of law firms to try to prevent claimants from voting on the resolution plan–a plan that the overwhelming majority of claimants approve of,” J&J’s litigation chief Erik Haas, said in a statement. Talcum powder lawsuit news updated. “The law firms who filed these filings have interests in finance that do not align with, diverge from, and are in opposition to the interests they represent. We’ll be submitting an appeal to the appellate court.”
Talcum powder lawsuit news updated. Clay Thompson, a lawyer for MRHFM, which boasts more than mesothelioma clients who have filed lawsuits against J&J for bankruptcy, told J&J’s second bankruptcy attempt will fail.
“J&J issue press releases about how wonderful its plan is, while insisting that the plan’s details, including what individuals with illnesses would receive,” Thompson said in the statement. “What do J&J have to keep secret?”
Kaplan has directed the parties to create a restructuring plan, with the supervision of two mediators.
In February 2022, Kaplan affirmed the ability of J&J’s recourse to Chapter 11 to hasten a settlement that would release J&J from the hundreds of thousands of claims related to its talcum-based products.
But in January of this year, an appeals court in the United States overturned the ruling, ruling that the business could not be considered in “financial difficulty.”
When J&J’s attempt to appeal to the U.S. Supreme Court was rejected in April, J&J applied for its first bankruptcy roughly two hours later. 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 settlement charge for talc.
Through two Chapter 11 attempts, J&J has been able to buy 19 months in which cases were placed held. Talcum powder lawsuit news updated. The company wants claimants to take a vote to accept their settlement. J&J will require 75% approval for the settlement to be approved.
In addition to the team of talc lawyers who panned LTL’s bankruptcy plan as well, the U.S. Trustee, an arm belonging to the U.S. Department of Justice is also submitting a motion to dismiss LTL’s second bankruptcy case.
In a statement this week, U.S. trustee Andrew R. Vara wrote that the the bankruptcy court remain “open to honest, but naive debtors.” The doors “are not accessible to those that don’t have a legitimate bankruptcy objective or seek to take advantage of the bankruptcy process to delay or hinder their creditors.” Vara continued.
To its credit, J&J maintains there is no proof conclusive that their products containing talc, such as its iconic baby powder, cause cancer. J&J has taken its products off of the market, first for North America in 2020–and the rest of the world later this year.
J&J seeks to avoid the costly business of going to court. The company has won the majority of the cases that have been resolved through trial, though some losses have been very harsh.
A highly publicized trial in Missouri resulted in a $4.7 billion verdict against the drug company that 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 talc trials that are either being appealed or decided. Out of 41 trials, 32 of them ended in the favor of J&J or a mistrial, or verdict for a plaintiff that was overturned in appeal. Talcum powder lawsuit news updated. In addition, J&J has announced plans to settle more than 1000 cases for $110 million. Bloomberg reported at the time.
Talcum Baby Powder Ovarian Cancer Lawsuit – Talcum Powder Lawsuit News Updated
Our lawyers are handling baby powder cases in every state. The lawsuits involving talcum powder against Johnson & Johnson have been ongoing for years. Talcum powder lawsuit news updated. The lawsuits assert that long-term use of the powder (or “talc”), the active ingredient in many products, including baby Powder or Shower to Shower which can cause ovarian cancer in some women.
This page provides the J&J Talc Power Update and explains how the forthcoming bankruptcy ruling will affect the final settlement amounts in these Ovarian Cancer lawsuits.
Has the deadline passed for you to start a lawsuit against talcum powder? Many who assume the statute of limitations has run out to sue Johnson & Johnson are wrong. Call us today at 800-553-8082 or request a no-cost and quick review of your case online.
Johnson and Johnson Talcum Powder Lawsuit Update 2023 – Talcum Powder Lawsuit News Updated
June 2, 2023 Update: During the trial for asbestos-containing talc in California yesterday, some technical issues halted the opening statements made by defense attorneys. Talcum powder lawsuit news updated. Jurors who were watching from home on Zoom, did hear Johnson & Johnson’s lawyer expressing doubt about the 70s research asserting the presence of asbestos in their product prior to the session abruptly ended.
The plaintiff was able to introduce its first expert witness Arthur Langer. Langer explained that the existence of other minerals alongside the talc’s mineral content is inevitable. He said that his team had notified J&J in the year 1971 about the presence of chrysotile asbestos within the talc produced by the company, although in less than 0.1 percent. He also discovered more asbestos in 1976.
June 1st, 2023 Update Talcum powder lawsuit news updated. First trial after J&J made the decision to split its Talc section and declaring bankruptcy is a pivotal moment in the ongoing talc lawsuit controversy. The trial began on Tuesday in the harrowing case of a young 24-year-old plaintiff who was diagnosed with an aggressive and rare form of mesothelioma earlier this year. which both sides agree is a grave tragedy.
The opening statements exposed the huge differences between the sides’ narrative. The attorney representing the plaintiff took aim towards Johnson & Johnson, alleging the use of misleading techniques in its research practices and throughout the litigation process. The attorney claims that, according to, the company attempted to manipulate the definition of asbestos, despite internal documents from the year 1978 and 1994 indicating that asbestos fibers found in tissue of the plaintiffs are included.
Johnson & Johnson’s uncertain $8.9 billion settlement deal hangs in the balance as we progression of this trial. Despite the particularity of the mesothelioma trial and its distinctive issues in comparison to other lawsuits involving talcum powder, a verdict favoring the plaintiff could inflict the company with a major setback in its expectations of widespread acceptance of their proposed settlement with plaintiffs.
May 31, 2023: Update from Johnson and Johnson’s bankrupt talc division strongly defended its 2nd Chapter 11 filing in the face of challenges from injured talc claimants. In a written objection to the New Jersey bankruptcy court, it argued that the filing differed fundamentally from the earlier filing. It also emphasized the unprecedented commitment of $8.9 billion by J&J, the largest settlement ever made in a mass tort bankruptcy case. Talcum powder lawsuit news updated. It was not mentioned how the amount of the settlement means it is an equitable settlement. J&J also claimed support from several plaintiffs’ legal firms representing over 60,000 claimants. This is difficult to verify however it is likely to be incorrect.
May 24 2023 Update: As of Johnson &J Johnson’s bankruptcy filing, the first trial regarding its cosmetic talc products allegedly containing asbestos is set to commence jury selection on Monday in California with Alameda County Superior Court, an historically reliable court for plaintiffs. Plaintiff claims that mesothelioma resulted from asbestos exposure from J&J’s products and J&J is denying. The trial also involves six retailers accused of selling talc-containing products.
May 22nd, 2023 Update: Lawyers in the 2nd J&J talc bankruptcy are now in a dispute over who should be chosen to fill the post of future claims representative. This is the role is crucially essential to the resolution of the claim for talc. Talcum powder lawsuit news updated. Randi Ellis, a lawyer who frequently appears in MDLs throughout the United States was appointed the claims representative in the initial bankruptcy. J&J’s defense group wants Ellis to be appointed in that position yet again, but the lawyers for the talc plaintiffs are protesting due to the fact that Ellis has an unrelated conflict of interest which would prohibit her from being appointed to that post again. The issue stems from the issue that Ellis was apparently involved in the drafting of the highly disputable second bankruptcy, raising doubts about her capacity to be neutral. The reality is this bankruptcy could be tossed out anyway.
May 17, 2023 Update: The pretend company J&J put together for the talc litigation bankruptcy told the New Jersey bankruptcy court that they have designated $400 million to settle claims brought by states accusing the company of deceptive advertising regarding its talc products. Talcum powder lawsuit news updated. It’s a $8.5 billion settlement to cancer victims. It’s hard to imagine a scenario where J&J will be able to push these baby powder settlements through in these figures. While J&J’s $8.5 billion offer sounds like a lot of money initially, it may not look good after you calculate the figures. The settlement plan based on our rough calculations would not be able to pay victims more than an average settlement $100,000 per instance. This isn’t enough.
May 15 2023 Update: J&J may be in the middle of a lawsuit by an advocacy group that represents cancer patients. Talcum powder lawsuit news updated. The group claims that J&J intentionally canceled a $61.5 billion financing agreement with its subsidiary, LTL Management LLC, in order to create a false sense of financial distress and confirm the unit’s Chapter 11 bankruptcy filing. The group claims this decision amounts to a fraudulent transfer of the rights of compensation for victims. They are planning to study J&J’s actions in the wake of the decision to dismiss the LTL’s bankruptcy case in its first instance.
May 10, 2023 Update: Next week next week, the U.S. Bankruptcy Court in New Jersey will hear oral arguments regarding a motion to dismiss the second bankruptcy petition filed of J&J company LTL Management. In the meantime, however, the bankruptcy has issued an order calling for both parties to take part in a new settlement mediation with the hopes of achieving it will be possible to reach a global settlement agreement reached.
May 5th 2023: Update on Talc producer Whittaker, Clark & Daniels filed for Chapter 11 bankruptcy due to numerous lawsuits alleging that its Talc products cause cancer from asbestos exposure. Talcum powder lawsuit news updated. Over 2,700 individuals have sued the firm and it is spending $1 million a month for legal defense. The company’s most recent $29 million settlement in South Carolina forced it to pursue bankruptcy protection, and arguing that assets should be distributed in an equitable manner between talc claimants rather than being taken over from the receiver. Other suppliers of talc have been forced to file for bankruptcy as a result of litigation.
May 4 2023 Update: U.S. Bankruptcy Judge Michael Kaplan has directed Johnson & Johnson to relaunch settlement discussions with lawyers who have rejected the proposed $8.9 billion offer for settlement. At Trenton, New Jersey yesterday the parties appeared before a judge to discuss next steps to take in their second bankruptcy matter. Judge Kaplan pushed more settlement talks.
This is the way to settle these claims for J&J. The baby powder settlement is likely to be made. Talcum powder lawsuit news updated. But it’ll need additional money – perhaps billions of dollars from Johnson & Johnson.
Lawyers are split on whether or not to agree with the proposal and not all clients view the issue the same way their lawyer does. A second bankruptcy proceeding is likely to fail with Judge Kaplan has scheduled a hearing in June to decide if he will discharge the bankruptcy for the 2nd time.
May 3 2023 Update A group of cancer victims suing Johnson & Johnson (J&J) demanded to have J&J’s Third Circuit halt the bankruptcy filed by J&J subsidiary LTL Management, claiming it attempts to block litigation regarding talc-related products. The group representing claimants for talc made a motion Tuesday requesting the Third Circuit to consider their appeal and return the case an earlier court, with instructions for dismissing the bankruptcy. Talcum powder lawsuit news updated. They also requested that the stoppage of 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 by the Third Circuit earlier this year with the possibility of an $8.9 billion settlement. The committee believes 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 the New Jersey bankruptcy court dismiss the LTL bankruptcy case. J&J’s vice president for global litigation Erik Haas, was quoted by Bloomberg declaring that J&J plans to file a response to the appeals court calling the request a “desperate and legally inadequate effort” by a few of law firms with competing financial interests.
May 1 2023 Update: A frequently asked question is how plaintiffs and their lawyers be able to turn down $8.9 billion. Of course, that is an immense amount of money. But there are plenty of victims. Talcum powder lawsuit news updated. They are a great claims for plaintiffs. We were reminded of this recently in two talc trials which have resulted in huge verdicts for plaintiffs. In February mesothelioma cases, a talcum powder trial in Oregon led to an award of $18.1 million. The following month, a second mesothelioma-related talc case went to the court within South Carolina and resulted in an award of $29 million for the plaintiff. The defendant in both cases was Whittaker, Clark & Daniels Inc. one of the leading manufacturers of talc in U.S.
April 30 2023 Update: When J&J first tried to bring the talcum powder lawsuit into bankruptcy, they came with the option of putting aside $2 billion for settlements. It was a ridiculously small amount. The talc plaintiffs had not agreed with it. This time, J&J has increased the offer to $8.9 if the talc plaintiffs are willing to accept bankruptcy settlements and they have the backing of a significant section of the talc victims and their lawyers. Talcum powder lawsuit news updated. However, 75% of plaintiffs who are a talc, which is required for bankruptcy plan approval is a difficult road because of the number of lawyers who have vast stocks 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 patients have demanded a judge disqualify their Chapter 11 case filed by LTL Management LLC, a absurdly fabricated 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 caused cancer. Talcum powder lawsuit news updated. The 3rd Circuit dismissed its first Chapter 11 case in January The court ruled that LTL was not eligible to receive bankruptcy relief because it failed to show financial stress.
The claimants contend that LTL’s third Chapter 11 case is an fraud on the bankruptcy system, and that it is being pursued in bad faith. J&J asserts that the bankruptcy settlement is backed by “significant support” from the firms that represent an estimated 60,000 claimants. It’s fair to say plaintiffs’ lawyers and the victims are split over this $8.9 billion settlement offer.
April 21, 2023 Update: A bankruptcy judge has ruled in favor of Johnson & Johnson must face new lawsuits claiming that the company offered a baby powder with a contaminant that caused cancer. Although the trials for the lawsuits involving talc are delayed for a minimum of 60 days however, new lawsuits may be filed, and lawyers will begin preparing their cases. Talcum powder lawsuit news updated. Judges expressed skepticism about J&J’s ridiculous effort to revive its strategy by filing a second bankruptcy case.
April 13 2023 Update: The most important announcement is an $8.9 billion over the next 25 years of settlement. Lawyers representing cancer patients who are part of MDL class action MDL group action promised to fight the settlement alongside Talc claimants. Why? They feel it’s not enough money for those suffering from cancer who are 70,000. Talcum powder lawsuit news updated. These lawyers believe that J&J should negotiate a bigger settlement or settle individual claims if the most recent bankruptcy is declared unconstitutional.
There is a different set of lawyers who are not part of the leadership in this class action. The lawyers collectively have accumulated many thousands of cases. They want to settle for what is believed to be far less than what these victims deserve. Their argument appears to be two-fold. The first is that they claim the settlement – about 100 million dollars on average per plaintiff – is fair.
That is a hard argument to argue. The second argument is more substance: the victims will be no longer patient and demand to get their money right now.
April 12 2023 Update: People are seeking out how J&J can file for bankruptcy again. The answer is complicated and confusing. But let’s try to explain it clearly.
Johnson & Johnson asserts that bankruptcy is the only method to settle both present and future talc litigations in a definitive manner. That is, it thinks it can get a lower rate when there is an element of bankruptcy that puts pressure for a settlement. Talcum powder lawsuit news updated. Moving past 400 years of American past, the company asserts that bankruptcy benefits all parties by distributing settlement payments more equitably and effectively than trial courts, where some litigants receive significant awards while others receive nothing.
The main thrust in this 3rd Circuit decision was this is not a case of the profit-making company that has an entity to assume the legal responsibility and declare bankruptcy – something Congress considered when it was drafting the Bankruptcy Code. It also clarified it was not financially distress due to the fact that J&J promised unlimited funding.
So J&J took advantage of the funding unlimited part of the contract and didn’t make any promises to fund unlimited lawsuits. J&J claims that its new financing agreements with its subsidiary address the appeals court’s concerns, while offering funds to pay claims. As if offering victims less money will solve the problem at hand.
Lawyers representing cancer patients who oppose the deal counter the agreement with what is a defense against legal nonsense by pointing out 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 attorneys representing the victims claim this the biggest “fraudulent deal that has occurred in United States history.”
Notwithstanding the legal mumbo jumbo, J&J does not really think that the bankruptcy will endure. But it’s a way of pushing this $8.9 billion settlement, and to keep the pressure on plaintiffs.
April 10 2023 Update Bloomberg has an interesting piece on a law that has been passed in New Jersey that is shedding new light on litigation funding in the plaintiffs in the class action. Funders for litigation Virage Capital Management and TRGP Capital invested in hundreds of claims from Johnson & Johnson (J&J) on behalf of talc products. They exchanged for a portion of any winnings. J&J has now offered an offer of $8.9 billion to settle any lawsuits.
The involvement of the funders is public knowledge because of the New Jersey court rule requiring the disclosure of certain information regarding outside funding backers. The rules aim to respond to the increasing calls for regulation of litigation funders. J&J has 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 both pros and pros and. There is no doubt that we are seeing how third-party funding could level the playing field for individuals as well as large corporations in court.
April 4 2023 Update: It’s enjoyable to see the worm turning in this lawsuit. J&J has taken another blow this week when the Third Circuit denied J&J’s request to keep the automatic stay in place during the time that J&J appeals an appeal to the U.S. Supreme Court. Automatic stays have frozen hundreds of cases involving talcum powder and stopped any the filing of new lawsuits ever since J&J launched the controversial attempt to spin the talc debts into a bankrupt entity over one year in the past. Talcum powder lawsuit news updated. When the 3rd Circuit ruled that this bankruptcy was invalid just a few months ago the stay was removed. J&J wanted to see it continued pending the SCOTUS appeal. The answer was no.
April 1st, 2023 Update: Johnson & Johnson announced it will appeal its 3rd Circuit bankruptcy loss to the U.S. Supreme Court last week. The chance is that the Supreme Court is willing even to take up 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 class action for talcum powder MDL in the space of a year. Seven new talc-related lawsuits were brought into the MDL during the month of March which brings the total number of cases pending to 37,522.
February 25, 2023 Update The following information is available: A Congressmen from Tennessee is now demanding that be the U.S. Government Accountability Office (GAO) launch an investigation into the cost J&J products containing talc have cost the government in the many years.
Recently, in an open letter addressed to the GAO, Rep. Steven Cohen (D-Ten.) has accused J&J of not recognizing the risks of its talc products for many years, while tax dollars were utilized to treat people injured by exposure to the products. This lawsuit comes a few weeks after J&J’s major loss in the 3rd Circuit Court of Appeals.
Talcum powder lawsuit news updated. J&J should begin to make reasonable settlement offers to victims, in order the process of putting all this behind. This is a disgrace to one of the greatest businesses.
February 14 2023 Update: At an earlier hearing at the hearing 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.
You May be Entitled to Significant Compensation Talcum powder lawsuit news updated. 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!