You May be Entitled to Significant Compensation Talc asbestos cases. 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 $400 million to US state AGs. Talc Asbestos Cases .

Johnson & Johnson (JNJ.N) has set aside $400 million to resolve U.S. state consumer protection actions as part of its larger $8.9 billion effort to settle allegations that its Baby Powder and other talc items cause cancer. Talc asbestos cases.

J&J subsidiaries LTL Management filed a bankruptcy plan in New Jersey late on Monday that describes how the company intends to pay different types of cancer patients in a bankruptcy settlement. Talc asbestos cases. J&J has claimed that its Talc products are safe and do not cause cancer. The company is trying for the second time to end more than 38,000 lawsuits brought in bankruptcy and stop new cases from coming forward in the near future.
The bankruptcy plan of LTL would pay $400 million into a separate trust for claims made in state courts by attorneys general claiming that J&J did not comply with laws against unfair business practices in the State of New York and consumer protection laws by misinforming consumers regarding the security of its talc-based products.

Many states had initiated consumer protection measures against J&J before LTL’s first bankruptcy filing prevented those investigations from moving forward in 2021. Talc asbestos cases. New Mexico and Mississippi had already brought suits for damages against 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 filings.

New Mexico and Mississippi have filed a petition to end LTL’s bankruptcy in a joint move with cancer victims and The U.S. Justice Department’s bankruptcy watchdog. have argued that a profitable company such as J&J is not eligible for bankruptcy protections designed for struggling debtors.
The company’s initial attempt to resolve the bankruptcy-related lawsuits was thrown out after similar arguments. In the end, a U.S. appellate court decided in favor of LTL had not been in “financial distress” and ineligible of bankruptcy protection. Talc asbestos cases. LTL filed a second bankruptcy less than two hours after the dismissal, saying that its second attempt was different in that it had less money and more backing for a settlement.

New Mexico and Mississippi said in their motion for dismissal that LTL’s new bankruptcy violates the law enforcement powers of the state by trying to unilaterally cap LTL’s liability to state consumer protection actions.

Talc Asbestos Cases

LTL’s new filings also included more details on how the company would evaluate and settle cancer claims if the bankruptcy plan is approved.

The highest payments under the settlement will be $500,000 for those diagnosed with mesothelioma terminal prior to age 45 and $260,000 for those who have been diagnosed with advanced ovarian cancer prior to age 45.

The proposed settlement will offer discounts based on the nature and severity of cancer, the patient’s age, the history of usage of talc and other variables. Talc asbestos cases. For instance an individual who was using talc products on a weekly basis, who had a family history of ovarian cancer, and was diagnosed with Stage II cancer of the ovary at age 55 could be in line for a $21,125 payout under the program.

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

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

With its second bankruptcy bid for LTL management, a subsidiary founded by J&J to settle claims – the company proposed a settlement of $8.9 billion. Talc asbestos cases. While a group of law firms representing plaintiffs supports the deal, another group opposes the move.

The previous week, the opposition group, called the Official Committee of Talc Claimants in the bankruptcy court, demanded to disqualify the petition by arguing that LTL can not be considered in financial distress.

“The filing is a desperate and legally ineffective attempt by a few of law firms to stop claimants from deciding on the resolution plan – a plan that the overwhelming majority of claimants favor,” J&J’s litigation chief Erik Haas, said in an announcement. Talc asbestos cases. “The law firms involved in these filings have interests in finance that do not align with, diverge from and infringe on the rights of their clients. We’ll soon submit a response an appeal to the appellate court.”

Talc asbestos cases. Clay Thompson, a lawyer for MRHFM, which is home to more than mesothelioma patients who have filed lawsuits against J&J for bankruptcy, told the second bankruptcy attempt of J&J will fail.

“J&J issue press releases describing how fantastic its plan is, while insisting that the details of its plan–including the treatment individuals with illnesses would receive–be kept secret,” Thompson said in an announcement. “What do J&J have to keep secret?”

Kaplan has instructed both sides to devise a second arrangement plan under the oversight from two mediators.

In February 2022, Kaplan affirmed the ability of J&J’s use of Chapter 11 to hasten a settlement that would relieve the company from the thousands of lawsuits regarding its talcum products.

But in January of this year an appeals court of the federal government overturned the ruling, ruling that the company was not able to be considered to be in “financial difficulty.”

In the event that J&J’s request to contest the U.S. Supreme Court was denied on April 1, J&J was granted a second petition for bankruptcy about two hours later. In response to that move, Kaplan froze the lawsuits for 60 days, allowing the company to decide whether or not to accept another bankruptcy.

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

In the Two Chapter 11 attempts, J&J has purchased 19 months of which cases have been in limbo. Talc asbestos cases. The company wants claimants to take a vote to accept their settlement. J&J requires 75% support for the deal to pass.

Alongside the group of talc lawyers who criticised the bankruptcy of the company as well, the U.S. Trustee which is a division from the U.S. Department of Justice was also the one to file an application to dismiss LTL’s bankruptcy second case.

In a statement this week, U.S. trustee Andrew R. Vara wrote that the bankruptcy are “open to honest, but naive debtors.” These doors “are not open to parties that do not have a legitimate reason or want to abuse the bankruptcy process to hinder or delay their creditors,” Vara continued.

For its part, J&J maintains there is no conclusive evidence that its Talc-based products, such as its popular baby powder cause cancer. J&J has taken its products off of the market first to be available in North America in 2020–and the rest of the world this year.

J&J is determined to stay clear of the costly business of going to trial. The company has won the majority of cases that were decided in court, however certain losses have been severe.
A high-profile trial in Missouri produced a $4.7 billion judgment against the drug manufacturer, which was later reduced 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 being appealed or resolved. In 41 trials 32 have resulted in the favor of J&J either through a mistrial or plaintiff verdict that was reversed after appeal. Talc asbestos cases. Additionally, the company in 2020 negotiated to settle around 1000 cases at a cost of $100 million, Bloomberg reported at the time.

Talcum Baby Powder Ovarian Cancer Lawsuit – Talc Asbestos Cases

Our lawyers are handling baby powder lawsuits across all 50 states. The talcum powder lawsuits for Johnson & Johnson have been going on for a long time. Talc asbestos cases. The lawsuits claim that the long-term 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 ovarian cancer in certain women.

This page provides the J&J talc power litigation update and examines how the coming bankruptcy ruling affects the final settlement amounts in these ovarian cancer lawsuits.

Is the deadline for you to bring a talcum lawsuit? Many who assume the time limit has expired to sue Johnson & Johnson are wrong. Call us at 800-553-882 or get a free and quick case review online.

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

June 2 2023 Update: At the trial for asbestos-containing talc at the trial in California yesterday, a few technical glitches interrupted the opening speech of defense attorneys. Talc asbestos cases. Jurors from home via Zoom and hearing the Johnson and Johnson’s lawyer express skepticism about the 70s science claiming asbestos was present in their product prior to the opening was abruptly ended.

In the meantime, the plaintiff could introduce their first witness, Arthur Langer. Langer explained that the existence of other minerals in talc is inevitable. He also testified that his team informed J&J in the year 1971 of the presence of chrysotile asbestos the company’s talc, albeit with just 0.1 percent. He also discovered more asbestos in 1976.

June 1st, 2023 Update Talc asbestos cases. This is the first court trial that has taken place since J&J has decided to separate its Talc section and declaring bankruptcy marks an important moment for the ongoing lawsuit story. The trial began on Tuesday in the harrowing case of a young, 24-year-old plaintiff, diagnosed with a rare and aggressive type of mesothelioma earlier this year. which lawyers on both sides of the argument agree is a harrowing tragedy.

Opening statements revealed the huge differences between the sides’ story. The attorney for the plaintiff took aim towards Johnson & Johnson, alleging that the company employed deceitful tactics in research practices and throughout the litigation process. According to the attorney, Johnson & Johnson tried to alter asbestos’ definition, despite internal documents from 1998 and 1994 that show asbestos fibers found in plaintiff’s tissue are included.

Johnson &J’s highly uncertain $8.9 billion settlement is hanging in the balance with the progression of this trial. Despite the particularity of this mesothelioma lawsuit and its distinctive issues in comparison to other lawsuits involving talcum powder, a verdict favoring the plaintiff could result in 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 & Johnson’s bankrupt talc division strongly defended the two-time 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 first filing. It highlighted the extraordinary commitment to $8.9 billion in settlement from J&J, the largest settlement ever made in a mass tort bankruptcy case. Talc asbestos cases. There was no mention of how the size of the settlement signifies that it’s an equitable settlement. J&J also claimed support from a variety of plaintiffs’ law firms representing more than 60,000 claimants. This is difficult to verify but it’s likely to be false.

May 24 2023 Update: Following Johnson &J Johnson’s bankruptcy filing, the very first trial on its cosmetic talc products that are believed to containing asbestos is set to start jury selection Monday in California with Alameda County Superior Court, the most favored location for plaintiffs. The plaintiff claims that his mesothelioma was caused by asbestos exposure from J&J’s products and the company has denied. The trial also includes six retailers who are accused of selling talc-containing products.

May 22nd, 2023 Update: Lawyers in the 2nd J&J talc bankruptcy are disputing who should be chosen to fill the role of the future claims representative, a role that is critically critical to resolving claims involving talc. Talc asbestos cases. Randi Ellis, a lawyer who frequently appears in MDLs throughout the United States, was appointed as the claims representative in the previous bankruptcy. J&J’s defense attorneys want Ellis to be named to the position again, but lawyers for the talc plaintiffs are protesting on the grounds that Ellis has an unrelated conflict of interest that would prevent her from holding that position once more. This conflict is rooted in the possibility that Ellis was believed to have been involved in drafting the controversially contesting second bankruptcy, raising doubts about her capability to remain neutral. In reality, this bankruptcy will likely to get dismissed anyway.

May 17, 2023 Update The fake company J&J formed to handle the bankruptcy of talc informed the New Jersey bankruptcy court that they had allocated $400 million to settle the claims brought by states accusing the company of deceitful advertising for its talc products. Talc asbestos cases. It’s a $8.5 billion settlement to cancer victims. It’s difficult to imagine the scenario in which J&J can push these baby powder settlements through given these numbers. While J&J’s proposed $8.5 billion offer seems like a lot at first, it does not look very appealing when you do the math. This settlement proposal – by 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 from an advocacy group that represents cancer victims. Talc asbestos cases. The group contends that J&J deliberately retracted an $61.5 billion funding agreement in conjunction with its affiliate, 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 is equivalent to a fraudulent transfer of rights of victims’ compensation. They will investigate J&J’s actions following of the denial of 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 in a motion dismiss the second bankruptcy application from J&J subsidiary LTL Management. However, in the meantime the bankruptcy has issued an order calling for both parties to participate in a new settlement mediation hoping that it will be possible to reach a global settlement agreement been reached.

May 5 2023: Update on Talc supplier Whittaker, Clark & Daniels filed for Chapter 11 bankruptcy due to several lawsuits alleging that its talc products cause cancer from asbestos exposure. Talc asbestos cases. Over 2,700 people have sued the company, and it was spending $1 million a month for legal defense. The company’s recent $29 million verdict on the state of South Carolina forced it to apply for bankruptcy protection and argue that assets should be distributed in an equitable manner between talc claimants rather than being seized by the receiver. Other talc suppliers have also filed for bankruptcy due to legal proceedings.

May 4 2023 Update: U.S. The bankruptcy Judge Michael Kaplan has directed Johnson & Johnson to reopen talks with lawyers who have rejected the company’s proposed $8.9 billion agreement. At Trenton, New Jersey yesterday the parties appeared before a judge to discuss next steps for the second bankruptcy case and Judge Kaplan was pushing for more settlement discussions.

This is the best way to settle these claims for J&J. A baby powder settlement could be achieved. Talc asbestos cases. However, it will require more money, more billions of dollars – from Johnson & Johnson.

Lawyers are divided on whether to accept the proposal and not every client views the situation the same way their lawyer views it. The second bankruptcy case is destined to go nowhere and Judge Kaplan has scheduled a hearing in June to determine if she will close the case for the third time.

May 3 2023 Update: A group of cancer patients suing Johnson & Johnson (J&J) demanded to have 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 group representing the claimants made a motion Tuesday requesting that the Third Circuit to consider their case and then send it back to a lower court, with instructions to dismiss the bankruptcy. Talc asbestos cases. The committee also requested that the stoppage of tort litigation against J&J be allowed to proceed.
LTL applied for Chapter 11 protection once again following its bankruptcy filing that was denied in the Third Circuit earlier this year which offered an $8.9 billion deal. The committee argues that the recent ruling, which allows LTL’s 2nd Chapter 11 to continue, in addition to halting trials against J&J is a reason for immediate Third Circuit review. The US Trustee has also requested the New Jersey bankruptcy court dismiss the LTL bankruptcy case. J&J’s global vice-president of litigation Erik Haas, was quoted by Bloomberg saying that J&J plans to file a statement in the appeals court, characterizing the filing as an “desperate and legally insufficient move” by a handful of law firms with conflicts of financial interests.
May 1 2023 Update: One frequently asked question is how plaintiffs and their attorneys turn around $8.9 billion. Of course, that’s a lot of money. But there are plenty of victims. Talc asbestos cases. And these are really good claims for plaintiffs. We were reminded of this last week with two talc trials resulted in big verdicts for plaintiffs. In February mesothelioma, a talcum-based powder trial in Oregon led to an award that was $18.1 million. The following month, a second mesothelioma-related talc case went to trial in 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 top suppliers of talc within the U.S.
April 30 2023 Update: When J&J initially tried to take the litigation over talcum powder into bankruptcy, it did so with an offer to reserve $2 billion to settle the case. The amount was absurdly low. None of the talc plaintiffs were in favor of it. However, this time, J&J has increased the offer to $8.9 for talc-related plaintiffs if they will allow a bankruptcy settlement and they also have the support of a large part of the talc-related plaintiffs as well as their lawyers. Talc asbestos cases. But with 75% of plaintiffs of talc are needed for approval of the bankruptcy plan is not an easy task since there are so many lawyers with massive inventory of baby powder lawsuits that are opposed towards the agreement.

What could solve the impasse? More billions.
April 25 2023 Update: Talc cancer claimants have sought a court order 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 has filed for Chapter 11 to settle tens of thousands of claims that J&J’s baby products caused cancer. Talc asbestos cases. It was the 3rd Circuit dismissed its first Chapter 11 case in January The court ruled that the company wasn’t eligible to receive bankruptcy relief because it had not demonstrated financial stress.

The claimants contend that the second Chapter 11 case is an fraud on the bankruptcy system, and that it’s being conducted in bad good faith. J&J asserts that the bankruptcy settlement is backed by “significant backing” from the firms that represent an estimated 60,000 people who are claiming. It is fair to say plaintiffs’ lawyers and the victims are split over what they believe is an $8.9 billion deal.

April 21st, 2023 Update: A bankruptcy judge decided the company Johnson & Johnson must face new lawsuits alleging that it sold a baby powder that contained a chemical that causes cancer. While trials in the talc lawsuits have been suspended for a minimum of 60 days and new lawsuits are able to be filed and lawyers may begin to prepare their cases. Talc asbestos cases. The judge expressed skepticism over J&J’s absurd attempt to relaunch its strategy in a second bankruptcy case.

April 13 2023 Update: big story is that there’s an $8.9 billion over the course of 25 years settlement offer. Lawyers representing cancer victims involved in the MDL group action vowed to challenge the settlement those who claim talc. Why? They believe it’s not enough to pay for 70 000 cancer patients. Talc asbestos cases. They argue that J&J could negotiate a greater settlement or pursue individual claims if the most recent bankruptcy is thrown out.

There is a different lawyer group that isn’t part of the leadership of that class action. The lawyers collectively have accumulated the equivalent of tens of thousands of lawsuits. This group wants to settle today for what many argue is less than these victims deserve. Their argument seems to be twofold. They argue that the settlement – about the equivalent of $100,000 per plaintiff is fair.

This is an argument that is difficult to argue. The second argument is more teeth: victims can be no longer patient and demand their money now.

April 12 2023 Update: Some people are wondering if J&J is able to file for bankruptcy again. The answer is complex and convoluted. But let’s try to explain it in simple terms.
Johnson & Johnson asserts that bankruptcy is the only means to settle both present and future talc-related lawsuits definitively. It thinks it can get a lower rate in the event of a bankruptcy component that applies pressure to negotiate a settlement. Talc asbestos cases. Going back to hundreds of years of American time, the business asserts that bankruptcy benefits all parties because it distributes settlement payments more equitably and effectively than trial courts, where litigants are awarded significant settlements while others get nothing.

The essence in this 3rd Circuit decision was this is not a case – one that makes a profit, but subsidiaries to meet the legal liability and declare bankruptcy Congress contemplated when drafting the Bankruptcy Code. However, it also stated that the subsidiary was not in financial distress because J&J promised unlimited funding.
Then J&J took advantage of the unlimited funding portion of the agreement but did not pledge to provide unlimited funding for litigation. The company claims that new financing agreements with its subsidiary address concerns of the appellate court, while supplying funds for claim payments. As if offering victims lesser money could solve the problem at hand.

Lawyers representing cancer victims who oppose the agreement counter this by arguing that the plaintiff is countering legal nonsense legal nonsense: J&J fraudulently transferred $50 billion in assets to LTL Management to circumvent the appeals court’s ruling. Hyperbole was not spared by the victims’ lawyers, who call it the biggest “fraudulent move of assets in United States history.”

Despite the legal jargon, J&J does not really think that the bankruptcy will endure. But it’s a way of trying to push this $8.9 billion settlement to keep pressure on plaintiffs.

April 10, 2023 Update: Bloomberg is running an intriguing report on a brand new law in New Jersey that is shedding new light on the funding of litigation in the baby powder plaintiffs in the class action. Funders of litigation Virage Capital Management and TRGP Capital invested in hundreds of lawsuits that were brought against Johnson & Johnson (J&J) concerning talc products in exchange for a percentage of any winnings. J&J is now willing an offer of $8.9 billion to settle any lawsuits.

The involvement of the funders is public information due to a New Jersey court rule requiring the disclosure of certain information about funding sources outside of the. The rules aim to respond to the increasing calls for the regulation of lawsuit funders. J&J is facing more than 60,000 claims when you take into account federal and state baby powder lawsuits. Third-party financing in mass tort cases is not without its pros and cons. There is no doubt that we are seeing how third-party funding can level the playing field between individual and large corporations in court.

April 4, 2023 Update: It is fun to watch the worm turn in this case. J&J has taken another blow this week when it was found that the Third Circuit denied J&J’s request to maintain the automatic stay during the time that J&J appeals a bankruptcy decision at the U.S. Supreme Court. This automatic stay halted hundreds of cases involving talcum powder and stopped the filing of new lawsuits ever since J&J initiated the controversial effort to spin the talc liabilities into a bankrupt company over one year earlier. Talc asbestos cases. After it was decided that the 3rd Circuit ruled that this bankruptcy was insufficient just a few months ago the stay was revoked. J&J had hoped to have it remain in effect until 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 odds that the Supreme Court is willing even to consider the appeal? Low.
March 16th 2023 Update: with the bankruptcy stay officially lifted, the 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 lawsuits were included in the MDL over the last month which brings the total number of cases in the pending process up to 37,522.

February 25 2023 Update: A Congressmen from Tennessee is now demanding that authorities from the U.S. Government Accountability Office (GAO) initiate an investigation into the amount J&J products containing talc have cost the government over the years.
in a letter addressed to the GAO, Rep. Steven Cohen (D-Ten.) claimed that J&J of failing to recognize the dangers of its talc-based products for long while tax dollars spent treating those injured by exposure to the product. The demand comes just weeks after J&J’s significant loss in the 3rd Circuit Court of Appeals.

Talc asbestos cases. J&J has to begin making reasonable settlements to victims to to put all of this behind it. This is a blemish on one of the world’s greatest firms.

February 14 , 2023 Update: At an appearance today 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.