You May be Entitled to Significant Compensation Do any gold bond products contain talc. 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 provide the sum of $400 million US state AGs. Do Any Gold Bond Products Contain Talc .

Johnson & Johnson (JNJ.N) has put aside $400 million to resolve U.S. state consumer protection actions as part of a broader $8.9 billion deal to settle allegations that its Baby Powder and other talc product causes cancer. Do any gold bond products contain talc.

J&J subsidiaries LTL Management filed a bankruptcy plan in New Jersey late on Monday that details how the company intends to pay different types of cancer sufferers in bankruptcy settlement. Do any gold bond products contain talc. J&J has stated that its products containing talc are safe and won’t cause cancer. It is attempting for another time to settle more than 38,000 lawsuits in bankruptcy and stop new cases from coming forward in the near future.
LTL’s bankruptcy plans would deposit $400 million to an additional trust to settle lawsuits filed in state courts by attorneys general alleging that J&J did not comply with states’ unfair practices and consumer protection laws by misinforming consumers regarding the safety of its talc products.

A number of states had already initiated consumer protection measures against J&J prior to LTL’s bankruptcy filing prevented these investigations from taking place in 2021. Do any gold bond products contain talc. New Mexico and Mississippi had already launched actions 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 documents.

New Mexico and Mississippi have moved to dismiss LTL’s bankruptcy in a joint move with cancer victims as well as their counterparts from the U.S. Justice Department’s watchdog on bankruptcy, who have argued that a profitable company such as J&J does not qualify for bankruptcy protections intended for the struggling debtors.
The company’s initial attempt to resolve the bankruptcy-related lawsuits was rejected after the same arguments, when a U.S. appeals court ruled it was not LTL did not have “financial trouble” and therefore not eligible of bankruptcy protection. Do any gold bond products contain talc. LTL declared bankruptcy a second time just over two hours after the dismissal, saying that its second attempt was different as it had less money and more backing for an agreement.

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

Do Any Gold Bond Products Contain Talc

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

The most significant payments under the settlement would be $500,000 for those diagnosed with terminal mesothelioma before age 45. Do any gold bond products contain talc. The second payment would be $260,000 for people diagnosed with terminal ovarian cancer prior to age 45.

The proposed settlement will offer discounts based on the type and severity of the cancer, the person’s years of age, their history of using talc and other factors. Do any gold bond products contain talc. For instance, a woman who used daily talc products, had an ancestral history of ovarian cancer and was diagnosed with stage II ovarian cancer by age 55 may be eligible to receive a payment of $21,125 under the plan.

Judge orders J&J and talc opponents engage in settlement talks.

After another round of hearings in Johnson & Johnson’s attempt to utilize a Texas Two-Step bankruptcy strategy for talc litigation, federal bankruptcy Judge Michael Kaplan has ordered the company and those opposed to the plan to enter into negotiations to settle the matter, Bloomberg reports.

With its second bankruptcy bid for LTL Management, a subsidiary set up by J&J to hold the claims–the company proposed a settlement of $8.9 billion. Do any gold bond products contain talc. While a firm representing plaintiffs support the offer, another group opposes the deal.

In the last week, an opposition group, which is known as”The Official Committee of Talc Claimants requested the bankruptcy court to disqualify the petition by argument that LTL cannot be regarded as to be in financial trouble.

“The filing is an unjust and legally flawed attempt by a small number of law firms to try to stop claimants from voting on the resolution plan, a plan the vast majority of claimants favor,” J&J’s litigation chief Erik Haas, said in a statement. Do any gold bond products contain talc. “The law firms involved in their filing are financially oriented and have conflicts that conflict with, contradict and oppose the interests that their customers. We’ll submit an answer in the appeals court.”

Do any gold bond products contain talc. Clay Thompson, a lawyer for MRHFM that boasts more than mesothelioma patients who have sued J&J and J&J, has said that J&J’s second bankruptcy attempt failed.

“J&J publishes press release about how great its plans are, but is insisting that the plan’s details, including what individuals with illnesses would receive — be kept private,” Thompson said in an announcement. “What do they have to keep secret?”

Kaplan has instructed the sides to create a restructuring plan, with the supervision from two mediators.

In February 2022, Kaplan acknowledged J&J’s use of Chapter 11 to hasten a settlement that will free the company from the hundreds of thousands of claims related to its talcum-based products.

However, in January of this year, an appeals court in the United States overturned the decision, deciding that the company was not able to be considered in “financial financial distress.”

After J&J’s appeal to the U.S. Supreme Court was turned down the same month, J&J was granted a second petition for bankruptcy just two hours later. In response to that move, Kaplan froze the lawsuits for 60 days in order to determine whether or not to approve to file for bankruptcy again.

J&J’s omnipotent profit engine fails after $6.9B settlement charge for talc.

With Two Chapter 11 attempts, J&J has been able to buy 19 months in which cases were placed on hold. Do any gold bond products contain talc. The company would like claimants to decide whether they want to accept the settlement. J&J will require 75% acceptance 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, a branch that is part of the U.S. Department of Justice, also filed an appeal to dismiss LTL’s second bankruptcy case.

In a recent filing, U.S. trustee Andrew R. Vara wrote that the doors of bankruptcy are “open to honest, but naive debtors.” The doors “are not open to parties that don’t have a legitimate bankruptcy reason or want to abuse the bankruptcy process to hinder or delay their creditors,” Vara continued.

On the other hand, 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 adopted the products of the market–first for North America in 2020–and the remainder of the globe later this year.

J&J seeks to avoid the costly business of going to trial. The company has won the majority of the cases that were decided in court, however some losses have been very severe.
A highly publicized trial in Missouri led to an $4.7 billion judgment against the drug manufacturer and was later lowered to $2.1 billion after appeals.

Johnson & Johnson faces high-stakes hearing over ‘Texas Two Step’ talc strategy: report
Overall, J&J has lost nine trial cases in talc which are on appeal or have been settled. Out of 41 trials, 32 of them ended in an outcome for J&J either through a mistrial or verdict for a plaintiff that was reversed on appeal. Do any gold bond products contain talc. Additionally, the company in 2020 moved to settle around 1,000 cases for $110 million. Bloomberg published at the time.

Talcum Baby Powder Ovarian Cancer Lawsuit – Do Any Gold Bond Products Contain Talc

Our lawyers are handling baby powder lawsuits in every state. The lawsuits involving talcum powder in the case of Johnson & Johnson have been going on for a long time. Do any gold bond products contain talc. The lawsuits claim that the long-term use of the powder (or “talc”), the active ingredient in products such as Shower to Shower Powder along with Shower to Shower, can cause cancer of the ovary in certain women.

This article provides a J&J update on the talc power litigation and explains how the forthcoming bankruptcy ruling will impact the final settlement amounts in the ovarian cancer lawsuits.

Is the deadline for you to make a claim for talcum powder? Many who believe the statute of limitations has passed to sue Johnson & Johnson are wrong. Call us now at 800-553-2082 or get a free and quick case review online.

Johnson and Johnson Talcum Powder Lawsuit Update 2023 – Do Any Gold Bond Products Contain Talc

June 2 2023 Update: During the trial for asbestos-containing talc which took place in California yesterday, technical issues interrupted the opening speech of defense attorneys. Do any gold bond products contain talc. Jurors who were watching from home on Zoom but did not hear Johnson & Johnson’s lawyer voice his doubt about the science of the 70s asserting the presence of asbestos in their product prior to the session abruptly ended.

The plaintiff had the opportunity to present their first witness, Arthur Langer. Langer explained that the occurrence of additional minerals along with talc is expected. He said that his team was notified by J&J in 1971 of the presence of asbestos chrysotile in the talc produced by the company, although at lesser than 0.1 percent. He also discovered more asbestos in 1976.

June 1st, 2023 Update Do any gold bond products contain talc. First trial after J&J made the decision to split its talc segment and file for bankruptcy marks a pivotal moment in the ongoing talc lawsuit drama. The trial began on Tuesday in the harrowing trial of a young plaintiff who was diagnosed with a rare and aggressive type of mesothelioma in the past year, a diagnosis lawyers on both sides acknowledge is a tragic loss.

Opening statements laid bare stark differences in each side’s story. The attorney for the plaintiff took aim on Johnson & Johnson, alleging the use of deceitful strategies in its research practices as well as throughout the litigation process. The attorney claims that, according to, Johnson & Johnson tried to alter the definition of asbestos in spite of internal documents dating from the year 1978 and 1994 indicating that asbestos fibers in the tissues of the plaintiff are part of.

Johnson &J’s tangled $8.9 billion settlement proposal hangs in the balance as we development of the trial. Despite the distinct nature of the mesothelioma trial and its unique challenges compared to the majority of talcum powder lawsuits and a decision in favor of the plaintiff could result in an unintended setback to Johnson & J’s expectations of widespread acceptance of the settlement they have proposed among plaintiffs.

May 31st, 2023: Update from Johnson & Johnson’s bankrupt talc division was able to defend the second Chapter 11 filing in the in the face of challenges from the talc injury plaintiffs. In a written objection to the New Jersey bankruptcy court, it argued that the situation was distinct from the first filing. It also emphasized the unprecedented commitment of $8.9 billion in settlement from J&J, the biggest settlement ever to be made in a mass tort bankruptcy case. Do any gold bond products contain talc. Not mentioned: how the size of the settlement means it is an equitable settlement. J&J also claimed support from a variety of plaintiffs’ law firms representing more than 60,000 claimants. This is hard to verify but likely incorrect.

May 24, 2023 Update: Since Johnson and Johnson’s bankruptcy filing in 2021 filing, the first trial concerning the cosmetic talc products it claims to that contain asbestos is scheduled to begin jury selection on Monday, May 24, California with 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 which J&J denies. The trial also involves six retailers accused of selling talc products.

May 22nd, 2023 Update Lawyers involved in the 2nd J&J Talc bankruptcy are currently fighting over who should be chosen to fill the position of future claims representative. This is the role is crucially essential to the resolution of the talc claims. Do any gold bond products contain talc. 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 wants Ellis to be appointed to that role yet again, but the lawyers for the talc plaintiffs have raised objections due to the fact that Ellis has an interest conflict that should prevent her from assuming that position again. The issue stems from the possibility that Ellis was believed to have been involved in the creation of the hotly disputable second bankruptcy, which raises questions regarding her capacity to remain neutral. The reality is this bankruptcy could be tossed out anyway.

May 17th, 2023 Update: The pretend company that J&J created for the talc litigation bankruptcy told the New Jersey bankruptcy court that they have allocated $400 million to settle allegations made by states who accuse the company of deceitful advertising for its talc products. Do any gold bond products contain talc. It’s a $8.5 billion settlement for cancer victims. It’s difficult to imagine the scenario in which J&J can push these baby powder settlements through at these numbers. While J&J’s proposed $8.5 billion offer sounds like a lot of money initially, it does not look very appealing after you calculate the figures. The settlement plan based on our rough calculations would not pay victims much more than an average settlement $100,000 per instance. That is not enough.

May 15 2023 Update: J&J could be facing lawsuit by an advocacy group representing cancer victims. Do any gold bond products contain talc. The group claims J&J intentionally withdrew a $61.5 billion fund-raising agreement with its subsidiary, LTL Management LLC, to create the appearance of financial hardship and confirm the unit’s Chapter 11 bankruptcy filing. The group claims that this move amounts to a fraudulent transfer of the rights of victims’ compensation. They plan to explore J&J’s actions as a result of the decision to dismiss LTL’s first bankruptcy suit.

May 10 2023 Update: Next week this week, next week, the U.S. Bankruptcy Court in New Jersey will hear oral arguments on a petition to dismiss the second bankruptcy petition filed by J&J company LTL Management. In the meantime, however, it has approved an Order which requires both sides to take part in a settlement mediation with the hopes of achieving the global settlement can be been reached.

May 5th 2023: Update on Talc supplier Whittaker, Clark & Daniels filed for Chapter 11 bankruptcy due to many lawsuits claiming that its talc products cause cancer from asbestos exposure. Do any gold bond products contain talc. Over 2,700 people have sued the company and it has been spending $1 million a month to defend its legal position. The company’s latest $29 million settlement on the state of South Carolina forced it to file for bankruptcy protection, arguing for a fair distribution of assets between talc claimants rather than being seized from the receiver. Other talc suppliers have also been forced to file for bankruptcy as a result of the litigation.

May 4 2023 Update U.S. Bankruptcy Judge Michael Kaplan has directed Johnson & Johnson to reopen settlement discussions with lawyers who have rejected the company’s proposed $8.9 billion settlement offer. At Trenton, New Jersey yesterday the parties appeared in court to discuss next steps to take in the second bankruptcy case and Judge Kaplan pushed more settlement talks.

This is the solution to resolve these claims for J&J. A settlement for baby powder can be achieved. Do any gold bond products contain talc. But it will require more money – 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 views it. Second bankruptcy cases are bound to fail as Judge Kaplan has scheduled a hearing for June to decide if he will close the case for the third time.

May 3 2023 Update The group of cancer patients who have sued Johnson & Johnson (J&J) requested that they request that the Third Circuit halt the bankruptcy filed by J&J subsidiary LTL Management, claiming it is a bid to stop litigation over talc products. The committee representing talc claimants has filed a motion this week, asking the Third Circuit to consider their case and send it back the lower court with instructions to dismiss the bankruptcy. Do any gold bond products contain talc. They also asked that the stoppage of tort litigation against J&J continue to proceed.
LTL applied for Chapter 11 protection once again after its bankruptcy filing was rejected by the Third Circuit earlier this year and offered an $8.9 billion payment. The committee says that the recent ruling which allowed LTL’s second Chapter 11 to continue, while also halting trials against J&J should be subject to immediate Third Circuit review. The US Trustee also requested that it be requested 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 declaring that J&J intends to file a statement in the appeals court saying that the filing is an “desperate and legally inadequate attempt” by a handful of law firms with different financial interests.
May 1st, 2023 Update: One question people keep asking is how could the plaintiffs’ lawyers and their clients turn down $8.9 billion. Of course, it’s an enormous amount of money. But there are plenty of victims. Do any gold bond products contain talc. They are a great case for plaintiffs. We were reminded of this last week by two talc-related trials that resulted in big verdicts for the plaintiffs. In February mesothelioma, a talcum-based powder trial in Oregon was settled with the verdict worth $18.1 million. The following month, a second mesothelioma talc case was brought to trials on the other side of South Carolina and resulted in an award of $29 million for the plaintiff. In both instances, the defendant was Whittaker, Clark & Daniels Inc., one of the leading suppliers of talc in the U.S.
April 30th 2023 Update: When J&J initially attempted to pull the lawsuit over talcum powder into bankruptcy, it did so with an offer to put aside $2 billion for settlements. It was a ridiculously small amount. The talc plaintiffs had not agreed with the offer. However, this time, J&J has increased the offer to $8.9 in the event that the talc victims will allow a bankruptcy settlement and they have the backing of a significant portion of the talc plaintiffs as well as their lawyers. Do any gold bond products contain talc. But 75% of the plaintiffs who are a talc, which is necessary for bankruptcy plan approval, it a tough road because of the number of lawyers who have vast stocks of baby powder lawsuits that are opposed in favor of the deal.

What is the solution to this impasse? More billions.
April 25, 2023 Update: Talc Cancer victims have requested a judge to reject their Chapter 11 case filed by LTL Management LLC, a ridiculously made-up Johnson & Johnson subsidiary, declaring that the company isn’t financially strained. LTL requested Chapter 11 to settle tens of thousands of claims that J&J’s baby powders cause cancer. Do any gold bond products contain talc. LTL was denied Chapter 11 in January. 3rd Circuit dismissed its first Chapter 11 case in January, saying LTL was not a candidate for bankruptcy relief as it had not demonstrated financial distress.

The claimants assert that LTL’s second Chapter 11 case is an fraud on the bankruptcy system, and that it’s being conducted in bad faith. J&J claims the bankruptcy settlement is backed by “significant backing” from firms representing about 60,000 potential people who are claiming. It’s fair to say plaintiffs’ lawyers and victims ‘ lawyers are not united over the $8.9 billion amount of settlement offered.

April 21, 2023 Update: A bankruptcy judge has ruled in favor of Johnson & Johnson must face new lawsuits claiming that the company sold baby powder that was contaminated and causing cancer. Although trials for talc lawsuits are paused for at least 60 days, new lawsuits can be filed and lawyers are able to begin preparing their cases. Do any gold bond products contain talc. Judges expressed doubt about J&J’s pathetic attempt to revive its plan with a second bankruptcy case.

April 13th 2023 Update: The biggest story is that there’s an $8.9 billion over 25 years settlement offer. Lawyers representing cancer victims in the MDL class action have vowed to fight the settlement along with talc claimants. Why? They believe it’s not enough to pay for 70 000 cancer patients. Do any gold bond products contain talc. These lawyers believe that J&J should seek a bigger settlement or even litigate individual claims in the event that the latest bankruptcy is declared unconstitutional.

However, there is a second set of lawyers who are not part of the leadership of this class action. The lawyers collectively have accumulated the equivalent of tens of thousands of lawsuits. The group is seeking to settle in what many believe to be lower than what the victims should be paid. Their argument appears to be two-fold. First, they argue the settlement – which amounts to the equivalent of $100,000 per plaintiff – is fair.

This is an argument that is difficult to argue. 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 could file for bankruptcy again. The answer is complex and confusing. Let’s try to clarify it in simple terms.
Johnson & Johnson asserts that bankruptcy is the only way to settle both present and future talc lawsuits conclusively. In other words, it thinks it will pay less in the event of a bankruptcy element that creates pressure to negotiate a settlement. Do any gold bond products contain talc. In a quest to cover hundreds of years of American history, the firm argues that bankruptcy benefits all parties because it distributes settlements more fairly and more efficiently than trial courts where some litigants receive significant awards while others receive nothing.

The basic tenet of this 3rd Circuit decision was this is not a case of a profitable company making subsidiaries to meet the legal liability and declare bankruptcy Congress thought of when drafting its Bankruptcy Code. However, the court also ruled that the entity was financially trouble because J&J promised unlimited funding.
This is why J&J decided to go with the unlimited funding portion of the agreement and didn’t promise to provide unlimited funding for litigation. The company claims that new financing agreements with its subsidiary will address concerns of the appellate court, while offering funds to pay claims. In the hope that offering victims less money would solve the problem at hand.

Attorneys representing cancer victims who oppose the agreement counter this argument by saying that it is countering legal nonsense with legal absurdity: J&J fraudulently transferred $50 billion in assets to LTL Management to circumvent the appeals court’s earlier decision. Hyperbole did not go unnoticed attorneys representing the victims claim it the biggest “fraudulent deal of assets in United States history.”

Despite all the legal jargon, J&J does not really believe that this bankruptcy will last. However, it’s a means of trying to push this $8.9 billion settlement through and maintain the 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 the funding of litigation in the suit for class actions. Funders for litigation Virage Capital Management and TRGP Capital invested in hundreds of lawsuits in the case of Johnson & Johnson (J&J) regarding talc products, in exchange for a portion of any winnings. J&J has now offered an offer of $8.9 billion in settlements for all lawsuits.

The funders’ involvement is publicly available because of the New Jersey court rule requiring the disclosure of certain information about funding sources outside of the. The rules aim to tackle the growing demands for the regulation of litigation funders. J&J is facing more than 60,000 claims when you add up state and federal infant powder litigation. Third-party funding for mass tort lawsuits has both pros and cons. However, there is no doubt that we are seeing how third-party financing can help level the playing field between individual as well as large corporations in court.

April 4 2023 Update: It is enjoyable to see the worm turn in this lawsuit. J&J suffered another setback this week when they were denied by the Third Circuit denied J&J’s request to extend the automatic stay as J&J appeals a bankruptcy decision before the U.S. Supreme Court. The automatic stay has halted hundreds of cases involving talcum powder and stopped any new lawsuits from getting filed ever since J&J began the controversial plan to spin the talc liability off into a bankrupt subsidiary more than a year in the past. Do any gold bond products contain talc. After it was decided that the 3rd Circuit ruled that this bankruptcy was not legal some months ago, the stay was lifted. J&J wanted to see it continue in the meantime of 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 the Supreme Court is willing even to hear the appeal? Low.
March 16 2023 Update: with the bankruptcy stay officially lifted, the first new cases have been filed and transferred into the class action involving talcum powder MDL in over one year. Seven new talc lawsuits were included in the MDL during the month of March which brings the total number of cases in the pending process up to 37,522.

February 25 2023 Update 2023 Update: A Congressmen from Tennessee is now calling for be the U.S. Government Accountability Office (GAO) begin an investigation into the amount J&J product containing talc has cost the government over the years.
Recently, in an open letter to the GAO, Rep. Steven Cohen (D-Ten.) has accused J&J of ignoring the dangers of its talc-based products for years while tax dollars were used to treat those who were injured through exposure to the products. The lawsuit comes just a few weeks after J&J’s significant loss in the 3rd Circuit Court of Appeals.

Do any gold bond products contain talc. J&J should begin to make reasonable settlement proposals to victims to begin the process of putting all this behind it. This is a blemish on one of the world’s greatest businesses.

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