You May be Entitled to Significant Compensation Update on Johnson & Johnson lawsuit. 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 the sum of $400 million US state AGs. Update On Johnson & Johnson Lawsuit .

Johnson & Johnson (JNJ.N) has put aside $400 million to address U.S. state consumer protection actions as part of its larger $8.9 billion deal to settle claims that its Baby Powder as well as other talc products cause cancer. Update on Johnson & Johnson lawsuit.

J&J subsidiaries LTL Management filed a bankruptcy plan in New Jersey late on Monday which outlines how the company plans to pay different kinds of cancer victims in a bankruptcy settlement. Update on Johnson & Johnson lawsuit. J&J has stated that its Talc products are safe and won’t cause cancer. The company is trying for an additional time to conclude more than 38,000 cases in bankruptcy and prevent new cases from being filed in the future.
LTL’s bankruptcy plan will pay $400 million into a separate trust for lawsuits filed with state attorneys general alleging that J&J was in violation of state unfair business practices and consumer protection laws through misleading consumers about the safety of its talc products.

Some states had started consumer protection lawsuits against J&J prior to the time that LTL’s bankruptcy filing stopped those investigations from progressing in 2021. Update on Johnson & Johnson lawsuit. New Mexico and Mississippi had already initiated suits with Johnson & Johnson before then, and the states of Arizona, Maryland, North Carolina, Texas and Washington had issued civil investigative requests or subpoenas according to court documents.

New Mexico and Mississippi have moved to dismiss LTL’s bankruptcy along with cancer sufferers as well as those affected by cancer and the U.S. Justice Department’s bankruptcy watchdog. They have argued that a profitable company such as J&J cannot benefit from bankruptcy protections aimed at people with debt problems.
The first time LTL attempted to settle the bankruptcy-related lawsuits was dismissed following similar arguments, when a U.S. appeals court determined in favor of LTL had not been in “financial financial distress” and thus not eligible under bankruptcy law. Update on Johnson & Johnson lawsuit. LTL declared bankruptcy a second time within two hours of the dismissal, arguing its second attempt was different as it was able to borrow less and had a greater chance of securing the possibility of settling.

New Mexico and Mississippi said in their motion to dismiss that LTL’s bankruptcy renewal violates the state’s law enforcement authority by trying to unilaterally cap LTL’s liability to state consumer protection laws.

Update On Johnson & Johnson Lawsuit

LTL’s recent filings also provided additional details about the way in which the company will evaluate and pay claims for cancer in the event that the bankruptcy plan is approved.

The highest payments under the settlement would be $500,000 to those diagnosed with terminal mesothelioma before age 45. Update on Johnson & Johnson lawsuit. The second payment would be $260,000 for people diagnosed with advanced ovarian cancer prior to age 45.

The proposed settlement offers discounts based on the kind and severity of cancer, the patient’s age, previous the use of talc, and other aspects. Update on Johnson & Johnson lawsuit. For example the case of a woman who used daily talc products, had an ancestral history of ovarian cancer, and was diagnosed with an ovarian cancer stage II by age 55 could be in line to receive a payout of $21,125 according to the plan.

Judge ordains J&J and talc opponents to discuss settlement negotiations.

Following 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 move to conduct negotiations to settle the matter, Bloomberg reports.

With its second bankruptcy attempt for LTL Management, a subsidiary set up by J&J to manage the claims company made a settlement offer of $8.9 billion. Update on Johnson & Johnson lawsuit. While one group of law firms representing plaintiffs agree with the settlement, a different group opposes the deal.

The previous week, the opposition group, which is known as”the Official Committee of Talc Claimants in the bankruptcy court, demanded to disqualify the petition by asserting that LTL is not considered to be in financial hardship.

“The filing is a desperate and legally deficient attempt by a tiny number of law firms to try to stop claimants from deciding on the resolution plan, a plan the vast and growing majority of claimants are in favor of,” J&J’s litigation chief Erik Haas, said in a statement. Update on Johnson & Johnson lawsuit. “The law firms who filed the filing are pursuing financial interests which do not align with, diverge from and oppose the interests of their clients. We’ll submit a response an appeal to the appellate court.”

Update on Johnson & Johnson lawsuit. Clay Thompson, a lawyer for MRHFM that is home to more than mesothelioma victims who have sued J&J claimed that J&J’s second bankruptcy attempt will fail.

“J&J issue press releases about how wonderful its plan is while simultaneously insisting that the details of its plan–including the treatment each sick person will be treated to,” Thompson said in a statement. “What does the company have to hide?”

Kaplan has directed the parties to create a arrangement plan under 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 relieve the company from the tens of thousands of claims concerning its talcum products.

However, in January of this year an appeals court of the federal government overturned the decision, deciding that the company could not be considered in “financial financial distress.”

The J&J’s plan to contest the U.S. Supreme Court was rejected the same month, J&J filed for its second bankruptcy just two hours after. In response to that move, Kaplan froze the lawsuits for 60 days to decide whether or not to approve another bankruptcy.

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

Through two Chapter 11 attempts, J&J has bought 19 months during which cases have been held. Update on Johnson & Johnson lawsuit. J&J wants the claimants to accept their settlement. J&J requires 75% of the vote for the deal to pass.

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

In a statement this week, U.S. Trustee Andrew R. Vara wrote that the doors of the bankruptcy court are “open to honest, but naive debtors.” The doors “are not open to parties that do not have a legitimate goal or who seek to take advantage of the bankruptcy process to hinder or delay their creditors,” Vara continued.

On the other hand, J&J maintains there is no definitive evidence to suggest that its products containing talc, such as its popular baby powder 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 is determined to stay clear of the cost of going to trial. J&J has won the majority of the cases that were decided in court, however certain losses have been severe.
A highly publicized trial in Missouri produced a $4.7 billion verdict against the drug maker, which 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 resolved. Of the 41 trials, 32 have resulted in winning for J&J, a mistrial or plaintiff verdict that was dismissed upon appeal. Update on Johnson & Johnson lawsuit. In addition, J&J has announced plans to settle nearly 1000 cases at a cost of the sum of $100 million. Bloomberg published at the time.

Talcum Baby Powder Ovarian Cancer Lawsuit – Update On Johnson & Johnson Lawsuit

Our lawyers are handling the baby powder litigation in every state. The talcum powder lawsuits on behalf of Johnson & Johnson have been in the process for several years. Update on Johnson & Johnson lawsuit. The lawsuits assert that long-term use of talcum powder (or “talc”), the active ingredient in products such as Shower to Shower Powder or Shower to Shower which can cause ovarian cancer among some women.

This article provides a J&J Talc Power litigation update and provides an overview of how the upcoming bankruptcy ruling affects the final settlement amount of the Ovarian Cancer lawsuits.

Is the deadline for you to make a claim for talcum powder? Many who assume the deadline has passed to file a lawsuit against Johnson & Johnson are wrong. Call us today at 800-553-8082 or get a no-cost, quick case review online.

Johnson and Johnson Talcum Powder Lawsuit Update 2023 – Update On Johnson & Johnson Lawsuit

June 2 2023 Update: At an asbestos talc court trial held that took place in California yesterday, a few technical issues halted the opening speech of defense attorneys. Update on Johnson & Johnson lawsuit. The jurors, attending from home via Zoom but did not hear Johnson and Johnson’s lawyer express skepticism about the 70s science that claimed asbestos was present in their product before the trial was abruptly closed.

Meanwhile, the plaintiff could introduce their first witness, Arthur Langer. Langer said that the presence of other minerals in the talc mineral is a given. He testified that his team was notified by J&J in the year 1971 of the presence of chrysotile asbestos within the talc produced by the company, although at less than 0.1 percent. He also uncovered more asbestos in the year 1976.

June 1st, 2023 Update Update on Johnson & Johnson lawsuit. A trial for the first time since J&J took the decision to disband its talc division and declare bankruptcy marks an important moment in the ongoing talc lawsuit controversy. Trial started on Monday in the heartbreaking case of a young, 24-year-old plaintiff, diagnosed with a rare and aggressive type of mesothelioma earlier this year. a diagnosis lawyers on both sides believe is a tragedy of a different kind.

Opening statements laid bare stark differences in each side’s narrative. The attorney representing the plaintiff aimed his ire towards Johnson & Johnson, alleging the use of deceptive tactics in research practices and throughout the litigation procedure. In the words of attorney, Johnson & Johnson tried to alter asbestos’ definition, in spite of internal documents from 1978 and 1994 showing that fibers discovered in the plaintiff’s tissue are included.

Johnson &J’s tangled $8.9 billion settlement offer hangs in the balance as we progress of this trial. Despite the distinctive nature of this mesothelioma case and its distinctive issues in comparison to the majority of talcum powder lawsuits ruling in favor of the plaintiff could be the company with a major setback in its hopes for broad acceptance of the settlement they have proposed among plaintiffs.

May 31st, 2023: Update from Johnson and Johnson’s bankrupt talc division is defending it’s Second 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 was fundamentally different from the prior filing. The subsidiary emphasized the record-breaking commitment to $8.9 billion from J&J, the largest ever settlement in the history of a mass tort bankruptcy. Update on Johnson & Johnson lawsuit. There was no mention of how the amount of the settlement implies that it is a fair settlement. J&J also claimed that it received support from a variety of plaintiffs’ law firms that represent over the 60,000 plaintiffs. This is difficult to verify however it is likely to be incorrect.

May 24 2023 Update: In the wake of Johnson and Johnson’s bankruptcy filing in 2021 filing, the very first trial involving its cosmetic talc products that are believed to that contain asbestos is scheduled to start jury selection Monday in California in Alameda County Superior Court, which is a well-known jurisdiction for plaintiffs. The plaintiff asserts that his mesothelioma is the result of asbestos exposure from J&J’s products and the company denies. The trial also involves six retailers who are accused of selling talc-based products.

May 22, 2023 Update: Lawyers involved in the second J&J Talc bankruptcy are fighting over who should be chosen to fill the role of the claims representative in the future, a role that is critically essential in resolving the claim for talc. Update on Johnson & Johnson lawsuit. Randi Ellis, a lawyer who regularly appears in MDLs across the country, was appointed as the claims representative during the first bankruptcy. J&J’s defense team would like Ellis to be appointed to this position and again, but attorneys for the talc plaintiffs are objecting due to the fact that Ellis has an interest conflict that would prevent her from holding that position for the second time. The issue stems from the possibility that Ellis was reportedly involved in the creation of the hotly contesting second bankruptcy, which raises doubts about her capability to remain neutral. However, the reality is that this bankruptcy is likely to be dismissed in the end.

May 17, 2023 Update: The fake company J&J made up for the talc bankruptcy informed a New Jersey bankruptcy court that they had allocated $400 million to settle the claims brought by states accusing the company of deceitful advertising regarding its talc products. Update on Johnson & Johnson lawsuit. So that makes it an $8.5 billion settlement for cancer victims. It’s difficult to imagine the scenario in which J&J will be able to push the baby powder settlements at these numbers. While J&J’s $8.5 billion offer might seem like a large sum at first, it does not appear appealing when you look at the numbers. The settlement plan based on our rough calculations, would not offer victims anything more than a median settlement of $100,000 per instance. This isn’t enough.

May 15th 2023 update: J&J might be facing lawsuit by an advocacy group representing cancer victims. Update on Johnson & Johnson lawsuit. The group claims that J&J intentionally canceled an $61.5 billion funding agreement with its subsidiary, LTL Management LLC, to create the appearance of financial hardship and to validate the company’s Chapter 11 bankruptcy filing. The group argues that this act is a fraud transfer of rights of victims’ compensation. They plan to explore J&J’s actions as a result of the decision to dismiss the LTL’s bankruptcy case in its first instance.

May 10 2023 Update: The following week next week, next week, the U.S. Bankruptcy Court in New Jersey will hear oral arguments in a motion dismiss the second bankruptcy application from J&J subsidiary LTL Management. In the meantime, however LTL Management has filed an Order calling for both parties to take part in a new settlement negotiation in the hope that a global settlement deal can been reached.

May 5th, 2023 Update: The talc provider Whittaker, Clark & Daniels filed for Chapter 11 bankruptcy due to numerous lawsuits alleging its talc products cause cancer due to asbestos exposure. Update on Johnson & Johnson lawsuit. More than 2700 people have filed lawsuits against the company and it has been paying $1 million per month to defend itself. The company’s latest $29 million settlement in South Carolina forced it to pursue bankruptcy protection, and arguing that assets should be distributed in an equitable manner to talc claimants, rather than being confiscated from the receiver. Other suppliers of talc have filed for bankruptcy due to the litigation.

May 4, 2023 Update: U.S. Bankruptcy Judge Michael Kaplan has directed Johnson & Johnson to relaunch settlement discussions with lawyers who turned down the company’s proposed $8.9 billion agreement. At Trenton, New Jersey yesterday the parties appeared before a judge to discuss next steps to take in another bankruptcy proceeding. Judge Kaplan encouraged further settlement talks.

This is the best way to resolve the claims of J&J. A settlement for baby powder can be made. Update on Johnson & Johnson lawsuit. However, it’ll require more money – more billions of dollars – by Johnson & Johnson.

Lawyers are divided over whether to accept the proposal and not all clients view the situation the same way their lawyer views it. This second case of bankruptcy is destined to go nowhere with Judge Kaplan has scheduled a hearing for June to decide whether to remove the bankruptcy after the second.

May 3, 2023 Update: A group representing cancer victims who are suing Johnson & Johnson (J&J) requested for J&J’s 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 made a motion Tuesday asking to the Third Circuit to consider their case and to send it back before a court of lower jurisdiction, with instructions to discharge the bankruptcy. Update on Johnson & Johnson lawsuit. They also requested that the stoppage of tort litigation against J&J continue to proceed.
LTL applied for Chapter 11 protection once again after its first bankruptcy filing was denied by the Third Circuit earlier this year which offered the possibility of an $8.9 billion agreement. The committee argues that the recent ruling which allowed LTL’s third Chapter 11 to continue, in addition to halting trials against J&J, warrants immediate Third Circuit review. The US Trustee also asked that the New Jersey bankruptcy court dismiss the LTL bankruptcy case. J&J’s worldwide vice president of litigation, Erik Haas, was quoted by Bloomberg saying that J&J intends to file a formal response in the appeals court, saying that the filing is a “desperate and legally deficient plan” by a small number of law firms that have conflicts of financial interests.
May 1 2023 Update: One common question that people ask is how plaintiffs and their lawyers turn on $8.9 billion. Of course, it’s a lot of money. There are a lot of victims. Update on Johnson & Johnson lawsuit. And these are really good arguments for plaintiffs. We have been reminded of this recently by two talc-related trials that led to huge verdicts for the plaintiffs. In February mesothelioma cases, a talcum powder trial in Oregon resulted in an award worth $18.1 million. A month later, another mesothelioma trial involving talc was held for trial at South Carolina and resulted in an award of $29 million to the plaintiff. Both cases were defended by Whittaker, Clark & Daniels Inc. which is one of the largest suppliers of talc within the U.S.
April 30 2023 Update: J&J initially attempted to pull the lawsuit over talcum powder into bankruptcy, it came with an offer to reserve $2 billion for settlements. The amount was absurdly low. None of the talc plaintiffs believed in the proposal. This time around, however, J&J has increased the offer to $8.9 if the talc plaintiffs accept a bankruptcy settlement and they have the backing of a significant segment of the talc plaintiffs and their attorneys. Update on Johnson & Johnson lawsuit. But 75% of the plaintiffs of talc are required for bankruptcy plan approval, it a tough road because of the number of lawyers who have vast stocks of baby powder litigations opposed against the proposed settlement.

What is the solution to this impasse? More billions.
April 25 2023 Update: Talc plaintiffs have requested a judge to reject their Chapter 11 case filed by LTL Management LLC, a absurdly made-up Johnson & Johnson subsidiary, declaring that the company isn’t financially strained. LTL applied for Chapter 11 to settle tens of thousands of claims that J&J’s baby powders caused cancer. Update on Johnson & Johnson lawsuit. LTL was denied Chapter 11 in January. 3rd Circuit dismissed its first Chapter 11 case in January and said that the company wasn’t eligible for bankruptcy relief because it failed to show financial trouble.

The claimants argue that LTL’s third Chapter 11 case is an abuse of the bankruptcy system and that it is being pursued in bad good faith. J&J states that the bankruptcy settlement receives “significant support” from the firms that represent an estimated 60,000 claimants. It’s fair to say that lawyers representing plaintiffs and the victims are split over this $8.9 billion settlement offer.

April 21st, 2023 Update A bankruptcy judge has ruled that Johnson & Johnson must face new lawsuits alleging that the firm sold tainted baby powder causing cancer. While trials in talc lawsuits are paused for a minimum period of 60 days, new lawsuits can be filed and lawyers will begin preparing their cases. Update on Johnson & Johnson lawsuit. The judge expressed his doubts about J&J’s pathetic attempt to revive its strategy with a second bankruptcy case.

April 13 2023 Update: big news is the $8.9 billion over the next 25 years of settlement. Lawyers representing cancer patients within the MDL Class Action have promised to fight the settlement alongside the talc claimants. Why? They believe it’s not enough money for 70,000 victims who have cancer. Update on Johnson & Johnson lawsuit. They argue that J&J should negotiate a larger settlement or settle individuals’ claims if the current bankruptcy is declared unconstitutional.

However, there is a second group of lawyers that is not part of the top leadership in that class action. These lawyers have collectively amassed many thousands of cases. The group is seeking to settle today in what many believe to be less than the victims deserve. Their argument appears to be twofold. The first is that they claim the settlement – about 100,000 dollars per plaintiff – is fair.

This argument isn’t easy to prove. But their second argument has more force: victims should no longer wait and want to get their money right now.

April 12 2023 Update: Many are seeking out how J&J could file for bankruptcy once more. The answer is complicated and complicated. But let’s try to explain it simply.
Johnson & Johnson asserts that bankruptcy is the only method to settle both present and future talc lawsuits conclusively. Also, it believes it can pay less in the event of a bankruptcy component that applies pressure for a settlement. Update on Johnson & Johnson lawsuit. Driving past more than 400 years in American time, the business believes that bankruptcy is beneficial to all parties because it distributes settlement payments more equitably and effectively than trial courts where litigants are awarded significant payouts, while others are left with nothing.

The main thrust in this 3rd Circuit decision was this isn’t a case that involves the profit-making company that has subsidiaries to meet the legal burden and declare bankruptcy Congress thought of when drafting its Bankruptcy Code. However, the court also ruled it was not in financial difficulty due to the fact that J&J assured it of unlimited funding.
Then J&J decided to go with the unlimited funding part of the agreement but did not pledge to fund unlimited lawsuits. The company claims that its revised financing arrangements with its subsidiary will address concerns of the appellate court, while offering funds to pay claims. It’s as if giving victims lower amounts of money would resolve the overarching problem.

Attorneys representing cancer victims who oppose the agreement counter this argument by saying that it is countering legal nonsense legal absurdity: J&J fraudulently transferred $50 billion in assets away from LTL Management to circumvent the appeals court’s earlier decision. Hyperbole was not spared by the victims’ lawyers, who call it the largest “fraudulent move in United States history.”

In spite of the legal jargon, 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 through and maintain the pressure on plaintiffs.

April 10, 2023 Update: Bloomberg provides an insightful report on a brand new law within New Jersey that is shedding new light on litigation funding in the Class action suit. Funders for litigation Virage Capital Management and TRGP Capital invested in hundreds of claims against Johnson & Johnson (J&J) on behalf of talc products. They exchanged for a portion of any settlements. J&J is now offering an offer of $8.9 billion to settle any lawsuits.

The funders’ involvement is made public due to a New Jersey court rule requiring the disclosure of certain information regarding outside funding backers. This rule is intended to address the rising calls for regulation of litigation funders. J&J faces over 60,000 claims when you add up federal and state infant powder litigation. Third-party funding for mass tort lawsuits has both pros and cons. But there is no question that we are seeing how third-party financing can help level the playing field for individuals as well as large corporations in the courtroom.

April 4 2023 Update: It is pleasing to see the worm turning in this litigation. J&J suffered another setback 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 a bankruptcy ruling before the U.S. Supreme Court. Automatic stays have stopped hundreds of cases involving talcum powder and stopped any new lawsuits from being filed ever since J&J began the controversial plan to spin the talc debts into a bankrupt company over a year in the past. Update on Johnson & Johnson lawsuit. When the 3rd Circuit ruled that this bankruptcy was not valid some months ago, the stay was revoked. J&J had hoped to have it stayed in place until an appeal to the SCOTUS appeal. The answer was no.
April 1, 2023 Update: Johnson & Johnson announced it will appeal its 3rd Circuit bankruptcy loss to the U.S. Supreme Court last week. The likelihood that of the Supreme Court is willing even to accept the appeal? Low.
March 16th, 2023 Update: with the bankruptcy stay now fully lifted, the first new cases have been filed and transferred into the class action involving talcum powder MDL in the space of a year. Seven new talc cases were added to the MDL in the last month increasing the number of cases in the pending process up to 37,522.

February 25, 2023 Update This morning, a Congressmen from Tennessee is now demanding that The U.S. Government Accountability Office (GAO) launch an investigation into the amount J&J product containing talc has cost the government over the years.
A recent email to the GAO, Rep. Steven Cohen (D-Ten.) accused J&J of not recognizing the risks of its talc products over many years, while tax dollars were used to treat those who were injured through exposure to the products. The demand comes just weeks after J&J’s significant loss in the 3rd Circuit Court of Appeals.

Update on Johnson & Johnson lawsuit. J&J must begin making reasonable settlements to victims to getting this behind. This is a blemish on one of the top companies.

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

You May be Entitled to Significant Compensation Update on Johnson & Johnson lawsuit. 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!

>>> Update On Johnson & Johnson Lawsuit