You May be Entitled to Significant Compensation My talc claim. 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 be worth the sum of $400 million US state AGs. My Talc Claim .
Johnson & Johnson (JNJ.N) has set aside $400 million to address U.S. state consumer protection actions as part of its wider $8.9 billion effort to settle claims that its Baby Powder and other talc-based ingredients cause cancer. My talc claim.
J&J subsidiaries LTL Management filed a bankruptcy plan in New Jersey late on Monday that details how the company will pay various types of cancer patients in bankruptcy settlement. My talc claim. J&J has declared that its Talc products are safe and won’t cause cancer. J&J is seeking another time to settle more than 38,000 lawsuits brought in bankruptcy and stop new cases from arising in the near future.
LTL’s bankruptcy plans would deposit $400 million to an additional trust to settle lawsuits filed from state attorney generals claiming that J&J had violated the state’s unfair commercial practices as well as consumer protection laws through misleading consumers about the dangers of its talc products.
A number of states had already initiated consumer protection measures against J&J prior to the first bankruptcy filing prevented these investigations from progressing in 2021. My talc claim. New Mexico and Mississippi had already initiated suits with Johnson & Johnson before then as well as the states of Arizona, Maryland, North Carolina, Texas and Washington had issued civil investigative demands or subpoenas in LTL’s court filings.
New Mexico and Mississippi have decided to declare LTL’s bankruptcy unfinished in a joint move with cancer victims and their counterparts from the U.S. Justice Department’s bankruptcy watchdog. They argue that a profit-making firm like J&J cannot benefit from bankruptcy protections designed for the struggling debtors.
The company’s initial attempt to resolve the bankruptcy-related lawsuits was thrown out after similar arguments. The U.S. appellate court ruled it was not LTL had not been in “financial financial distress” and was not eligible under bankruptcy law. My talc claim. LTL made a new bankruptcy application within two hours of the dismissal, arguing its second attempt was different in that it had less money and more backing for the possibility of settling.
New Mexico and Mississippi said in their motion to dismiss LTL’s renewed bankruptcy violates the law enforcement powers of the state by trying to unilaterally cap LTL’s liability to state consumer protection laws.
My Talc Claim
LTL’s new filings also included additional details about how the company would evaluate and settle cancer claims in the event that the bankruptcy plan is approved.
The highest payments under the settlement will be $500,000 to those diagnosed with terminal mesothelioma before age 45. My talc claim. The second payment would be $260,000 for people diagnosed with advanced ovarian cancer before age 45.
The proposed settlement applies discounts depending on the nature and severity of cancer, the individual’s age, history of usage of talc and other variables. My talc claim. For example, a woman who used daily talc products, had the family history of ovarian cancer and was diagnosed stage II ovarian cancer at age 55 may qualify to receive a payout of $21,125 under the program.
Judge decides J&J, talc opponents to participate in settlement talks.
Following another hearing in Johnson and Johnson’s efforts to use a Texas Two-Step bankruptcy strategy to resolve talc litigation and 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 attempt for LTL Management, a subsidiary set up by J&J to settle claims – the company made a settlement offer of $8.9 billion. My talc claim. While one firm representing plaintiffs agree with the deal, another group opposes the deal.
Earlier this week, the opposition group, known as the Official Committee of Talc Claimants in the bankruptcy court, demanded to dismiss this case saying that LTL is not a factor to be in financial trouble.
“The filing is a desperate and legally ineffective attempt by a small number of law firms to stop claimants from voting 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 an announcement. My talc claim. “The law firms involved in the filing are pursuing financial interests which do not align with, diverge from and contravene those which their clientele. We’ll submit a response to the appellate court.”
My talc claim. Clay Thompson, a lawyer for MRHFM that is home to more than mesothelioma clients who have sued J&J and J&J, has said that the second bankruptcy attempt of J&J failed.
“J&J publishes press release that boast about how amazing its plan is while simultaneously insisting that the details of its plan–including the treatment individual sick people would actually be treated to,” Thompson said in the statement. “What is J&J’s plan to hide?”
Kaplan has directed the parties to develop a new restructuring plan, with supervision and supervision of mediators.
As of February 2022 Kaplan acknowledged J&J’s recourse to Chapter 11 to hasten a settlement that would relieve the company from the hundreds of thousands of claims related to its talcum-based products.
However, in January of this year, a federal appeals court ruled against the verdict, ruling that the business could not be considered to be in “financial difficulty.”
When J&J’s attempt to make an appeal before the U.S. Supreme Court was dismissed at the end of April J&J declared bankruptcy roughly two hours later. In response, Kaplan froze the lawsuits for 60 days in order to determine whether to allow the second bankruptcy.
J&J’s omnipotent profit engine fails after $6.9B cost of litigation involving talc.
With the two Chapter 11 attempts, J&J has gotten 19 months of which cases have been on hold. My talc claim. The company wants claimants to take a vote to accept their settlement. J&J needs 75% of the vote for the deal to go through.
In addition to the gang of talc lawyers that criticized the company’s bankruptcy and the U.S. Trustee, a branch of the U.S. Department of Justice was also the one to file 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 are “open to honest, but naive debtors.” These doors “are not open to parties that lack a legitimate bankruptcy purpose or that seek to take advantage of the bankruptcy process to delay or hinder their creditors,” Vara continued.
For its part, J&J maintains there is no definitive evidence to suggest that its Talc-based products, such as its iconic baby powder, cause cancer. J&J has adopted the products of the market–first in North America in 2020–and the remainder of the globe later this year.
J&J intends to steer clear of the cost of going to trial. It has prevailed in the majority of the cases decided at trial, but some losses have been punitive.
A high-profile trial in Missouri ended in a $4.7 billion verdict against the drugmaker 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 talc trials that are either in appeal or resolved. Out of 41 trials, 32 of them ended in winning for J&J or a mistrial, or plaintiff verdict that was annulled on appeal. My talc claim. The company also in 2020 negotiated to settle around 1,000 cases for $110 million. Bloomberg published at the time.
Talcum Baby Powder Ovarian Cancer Lawsuit – My Talc Claim
Our lawyers handle baby powder lawsuits across all 50 states. The lawsuits involving talcum powder on behalf of Johnson & Johnson have been ongoing for many years. My talc claim. The lawsuits allege that prolonged use of talcum powder (or “talc”), the active ingredient in products like the Baby Powder or Shower to Shower which can cause cancer of the ovary in certain women.
This page offers a J&J talc power litigation update and explains how the forthcoming bankruptcy ruling will affect the final settlement amount in these cases of ovarian cancer.
Have you reached the deadline by which you to file a talcum powder lawsuit? Many who believe that the deadline has passed to file a lawsuit against Johnson & Johnson are wrong. Call us now at 800-553-2082 or get a no-cost, quick review of your case online.
Johnson and Johnson Talcum Powder Lawsuit Update 2023 – My Talc Claim
June 2 2023 Update: In the asbestos talc trial in California yesterday, a few technical issues halted the opening statements made by defense lawyers. My talc claim. Jurors from home via Zoom and hearing the Johnson and Johnson’s lawyer express skepticism about the 70s science affirming the presence of asbestos in their product, but the session abruptly ended.
In the meantime, the plaintiff could introduce an initial witness Arthur Langer. Langer stated that the presence of other minerals alongside talc is inevitable. He claimed that his group informed J&J in 1971 of the presence of chrysotile asbestos in the talc of the company, but with less than 0.1 percent. He also discovered more asbestos in 1976.
June 1st, 2023 Update My talc claim. The first trial since J&J took the decision to disband its talc section and declaring bankruptcy is an important moment in the ongoing talc lawsuit saga. Trial began yesterday in the heartbreaking trial of a young plaintiff, diagnosed with an aggressive and rare form of mesothelioma last year, which lawyers on both sides of the argument agree is a grave tragedy.
Opening statements revealed sharp differences in the two sides’ story. The attorney for the plaintiff took aim against Johnson & Johnson, alleging the use of deceptive strategies in its research practices as well as throughout the litigation procedure. As per the lawyer the company tried to manipulate the definition of asbestos in spite of internal documents from the year 1978 and 1994 indicating that asbestos fibers in the plaintiff’s tissue are included.
Johnson & Johnson’s precarious $8.9 billion settlement deal hangs in the balance as we progression of this trial. Despite the distinctive nature of this mesothelioma-related case and its distinct issues compared to the majority of talcum powder lawsuits A verdict in favor of the plaintiff could inflict an enormous setback for J&J’s hope of gaining broad acceptance for their settlement proposal among plaintiffs.
May 31 2023 Update: Johnson and Johnson’s bankrupt talc division vigorously defended its two-time Chapter 11 filing in the in the face of challenges from the talc injury plaintiffs. In an objection submitted to the New Jersey bankruptcy court, the subsidiary argued that the situation differed fundamentally from the first filing. The subsidiary emphasized the record-breaking commitment to $8.9 billion in settlement from J&J which is the biggest settlement ever to be made in an bankruptcy case involving mass torts. My talc claim. The issue is not discussed: whether this amount signifies that it’s a fair settlement. J&J also claimed that it received support from numerous plaintiffs’ law firms representing over the 60,000 plaintiffs. It is difficult to confirm but it’s likely to be false.
May 24 2023 Update: Following Johnson & Johnson’s bankruptcy in 2021 filing, the first trial involving its cosmetic talc items allegedly with asbestos content is scheduled to commence jury selection on Monday in California within the Alameda County Superior Court, a historically good court for plaintiffs. Plaintiff claims that mesothelioma was triggered by asbestos exposure from J&J’s products and the company has denied. The trial also includes six retailers accused of selling talc products.
May 22nd, 2023 Update Lawyers involved in the 2nd J&J talc bankruptcy are now fighting over who should be chosen to fill the post of the claims representative in the future, which is vitally essential in resolving the talc claims. My talc claim. Randi Ellis, a lawyer who regularly appears in MDLs throughout the country was appointed as the claims representative in the first bankruptcy. J&J’s defense team wants Ellis to be appointed to that role and again, but attorneys for the talc plaintiffs are objecting because Ellis has a conflict of interest that would prevent her from holding that position again. The dispute stems from reality that Ellis was involved in the drafting of the highly contesting second bankruptcy, which raises concerns about her capacity to be neutral. However, the reality is that this bankruptcy is likely to be dismissed in the end.
May 17, 2023 Update The pretend company J&J created to settle the talc litigation bankruptcy disclosed to the New Jersey bankruptcy court that they had allocated $400 million to settle the claims brought by states accusing the company of deceptive advertising for its talc products. My talc claim. That’s an $8.5 billion settlement for cancer patients. It’s hard to imagine an eventuality where J&J can push these baby powder settlements through at these numbers. While J&J’s $8.5 billion offer might seem like a huge sum initially, it will not look good when you consider the math. The settlement plan based on our estimates – will not pay victims much more than a median settlement of $100,000 per case. That is not enough.
May 15, 2023 update: J&J is potentially facing a lawsuit by an advocacy group representing cancer patients. My talc claim. The group claims that J&J deliberately retracted an $61.5 billion contract for funding with its subsidiary, LTL Management LLC, to simulate financial distress and validate the unit’s Chapter 11 bankruptcy filing. The group claims this decision is equivalent to a fraudulent transfer of the rights of compensation for victims. They will investigate J&J’s actions in the wake of the dismissal of LTL’s first bankruptcy suit.
May 10 2023 Update: During the next week, this week the U.S. Bankruptcy Court in New Jersey will hear oral arguments in a motion dismiss the second bankruptcy petition filed that was filed by J&J subsidiaries 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 the global settlement can be reached.
May 5th 2023 Update: Talc producer Whittaker, Clark & Daniels filed for Chapter 11 bankruptcy due to many lawsuits claiming that its talc products caused cancer from asbestos exposure. My talc claim. Over 2,700 individuals have sued the firm and it has been paying $1 million per month for legal defense. The company’s recent $29 million settlement at the Supreme Court of South Carolina forced it to file for bankruptcy protection, 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 lawsuits.
May 4 2023 update: U.S. bankruptcy judge Michael Kaplan has directed Johnson & Johnson to relaunch settlement discussions with lawyers who have rejected the company’s $8.9 billion deal. At Trenton, New Jersey yesterday, the parties appeared before a judge to discuss next steps for this second case of bankruptcy. Judge Kaplan has pushed for further settlement talks.
This is the solution to settle these claims with J&J. A baby powder settlement can get done. My talc claim. But it’ll need additional money – perhaps billions of dollars by Johnson & Johnson.
Lawyers are divided over whether to accept the proposal and not all clients see the issue the same way their lawyer views it. A second bankruptcy proceeding is bound to fail, and Judge Kaplan has scheduled a hearing in June to determine whether to dismiss the bankruptcy for the second time.
May 3 2023 Update The group of cancer victims suing Johnson & Johnson (J&J) demanded that J&J’s Third Circuit halt the bankruptcy filed by J&J subsidiary LTL Management, claiming it is an attempt to halt the litigation surrounding talc-based products. The committee representing talc claimants made a motion Tuesday requesting that the Third Circuit to consider their case and send it back to a lower court with instructions for dismissing the bankruptcy. My talc claim. The committee also requested that the stopped tort litigation against J&J allow the litigation to proceed.
LTL has filed for Chapter 11 protection once again after its bankruptcy filing was denied in the Third Circuit earlier this year which offered an $8.9 billion agreement. The committee believes that the recent ruling, which allows LTL’s 2nd Chapter 11 to continue, as well as halting the trials against J&J is a reason for the immediate Third Circuit review. The US Trustee has also requested an 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 intends to file a statement to the appeals court characterizing the filing as an “desperate and legally insufficient effort” by a handful of law firms with conflicts of financial interests.
May 1st 2023 Update: One question people keep asking is how could plaintiffs and their lawyers turn off $8.9 billion. Of course, that is a lot of money. However, there are lots of victims. My talc claim. These are actually a good arguments for plaintiffs. We were reminded recently in two talc trials which resulted in big verdicts for the plaintiffs. In February, a talcum powder mesothelioma trial in Oregon led to a verdict of $18.1 million. In the same month, a different talc mesothelioma case went to hearing within South Carolina and resulted in a verdict of $29 million for the plaintiff. The defendant in both cases was Whittaker, Clark & Daniels Inc. which is one of the leading suppliers of talc within the U.S.
April 30th 2023 Update: In the year 2023, when J&J initially tried to take the talcum powder litigation into bankruptcy, it did so with an offer to set aside $2 billion for settlements. The amount was absurdly low. None of the talc plaintiffs agreed with the proposal. This time, however, J&J has increased the offer to $8.9 If the talc plaintiffs accept a bankruptcy settlement and also has the backing of a significant portion of the talc plaintiffs and their lawyers. My talc claim. But with 75% of plaintiffs in the talc category, which is required to approve bankruptcy plans is not an easy task because of the number of lawyers who have huge inventory of baby powder litigations opposed towards the agreement.
What are the solutions to the impasse? More billions.
April 25, 2023 Update: Talc Cancer victims have requested a judge to dismiss the Chapter 11 case filed by LTL Management LLC, a absurdly fabricated Johnson & Johnson subsidiary, saying the company is not financially strained. LTL applied for Chapter 11 to settle tens of thousands of claims that J&J’s baby products caused cancer. My talc claim. In the end, however, 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 failed to show financial distress.
The plaintiffs argue that LTL’s 2nd Chapter 11 case is an overreach of the bankruptcy system, and that the case is being handled in bad good faith. J&J asserts that the bankruptcy settlement receives “significant backing” from the firms that represent about 60,000 potential claimants. It’s fair to say that the plaintiffs’ attorneys 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 claiming that the company sold a baby powder that contained a chemical that causes cancer. While trials in the lawsuits involving talc are delayed for a minimum of 60 days but new lawsuits can be filed and lawyers can begin preparing their cases. My talc claim. The judge expressed his doubts about J&J’s attempt to revive its strategy with a second bankruptcy trial.
April 13, 2023 update: the biggest story is that there’s an $8.9 billion over 25 years settlement offer. Lawyers representing cancer patients involved in the MDL class action have promised to fight the settlement along with talc claimants. Why? They believe it’s too little money for the 70,000 victims who have cancer. My talc claim. The lawyers say that J&J could negotiate a greater settlement or litigate individual claims if the most recent bankruptcy is thrown out.
There is a different lawyer group that isn’t part of the leadership group in that class action. These lawyers have amassed tens of thousands of cases. They want to settle the case now for what many argue is lower than what the victims should be paid. The argument they make is two-fold. The first is that they claim the settlement – about the equivalent of $100,000 per plaintiff – is fair.
That is a hard argument to present. The second argument is more substance: the victims will be no longer patient and demand their money now.
April 12 2023 Update: Many are wondering if J&J can go through bankruptcy once more. The answer is complex and confusing. Let’s try to simplify the issue in a simple way.
Johnson & Johnson asserts that bankruptcy is the only method to resolve both current and future lawsuits involving talc conclusively. That is, it thinks it can get a lower rate if there is a bankruptcy component that applies pressure for a settlement. My talc claim. Driving past the 400-year span of American history, the firm claims that bankruptcy benefits all parties by distributing settlement payments more equitably and efficiently than trial courts, in which some litigants receive substantial payouts, while others are left with nothing.
The essence in the 3rd Circuit decision was this is not a case of a profitable company making subsidiaries to meet the legal risk and declare bankruptcy – something Congress thought of when drafting its Bankruptcy Code. But it also said it was not in financial crisis due to the fact that J&J offered unlimited financing.
Then J&J jumped on the unlimited funding part of the holding and did not promise to fund unlimited litigation. The company says that its updated financing arrangements with its subsidiary addresses the concerns of the appeals court while offering claim payment funds. As if offering victims less money would solve the problem at hand.
Lawyers representing cancer victims who oppose the deal counter this with what you conclude is a defense against legal nonsense by pointing out legal nonsense: J&J fraudulently transferred $50 billion of assets from LTL Management to circumvent the appeals court’s ruling. The hyperbole wasn’t spared the lawyers representing victims call it the biggest “fraudulent transfer of assets 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 to try and push the $8.9 billion settlement, and to keep pressure on plaintiffs.
April 10 2023 update: Bloomberg has an interesting article on a new law within New Jersey that is shedding new light on the funding of litigation in the plaintiffs in the class action. Funders of litigation Virage Capital Management and TRGP Capital invested in hundreds of claims from Johnson & Johnson (J&J) concerning talc products in exchange for a percentage of any profits. J&J is now willing an offer of $8.9 billion to settle lawsuits.
The involvement of the funders is public knowledge due to an New Jersey court rule requiring the release of certain details regarding outside funding backers. The rule aims to tackle the growing demands for the regulation of litigation funders. J&J faces over 60,000 claims when you take into account federal and state child powder-related lawsuits. Third-party funding for mass tort lawsuits has pros and cons. But there is no question that we are seeing the ways that third-party funding can even the playing field between individuals as well as large corporations in the courtroom.
April 4, 2023 Update: It’s fun to watch the worm turning in this legal battle. J&J took another hit this week when an appeals court in the Third Circuit denied J&J’s request to keep the automatic stay in place while J&J appeals a bankruptcy ruling to the U.S. Supreme Court. It has halted thousands of talcum cases and stopped any new lawsuits from getting filed ever since J&J started the controversial process to spin the talc liability off into a bankrupt entity over one year in the past. My talc claim. After the 3rd Circuit ruled that this bankruptcy was not valid just a few months ago the stay was lifted. J&J wanted to see it continued pending hearing 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. There is a chance that is that the Supreme Court is willing even to hear the appeal? Low.
March 16 2023 Update: With the bankruptcy stay now in effect, the first new cases were filed and incorporated into the Talcum Powder class action MDL in just over a year. Seven new talc-related lawsuits were joined to the MDL over the last month increasing the number of cases that are pending to 37,522.
February 25 2023 Update The following information is available: A Congressmen from Tennessee is now calling for authorities from the U.S. Government Accountability Office (GAO) begin an investigation into the amount J&J talc products have cost the government over the years.
A recent email addressed to the GAO, Rep. Steven Cohen (D-Ten.) has accused J&J of not recognizing the risks of its talc products for decades while tax dollars were spent treating those injured by exposure to the chemicals. The suit comes just a few days following J&J’s dramatic loss in the 3rd Circuit Court of Appeals.
My talc claim. J&J must begin making reasonable settlement offers to victims to in putting this behind. It’s a mark on one of the top firms.
February 14 2023 Update: In the hearing held today in New Jersey, U.S. Bankruptcy Judge Michael Kaplan announced his intention to follow the 3rd U.S. Circuit Court of Appeals ruling to dismiss the bankruptcy case.
You May be Entitled to Significant Compensation My talc claim. 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!
>>> My Talc Claim