You May be Entitled to Significant Compensation Is gold bond talc safe. Johnson & Johnson powders were proven to contain asbestos (a cancer causing agent) and the company failed to notify users of the cancer risk. $2 BILLION has already been awarded to claims. Free To File! No Fees Unless A Settlement Is Awarded!

J&J’s proposed talc settlement would provide $440 million US state AGs. Is Gold Bond Talc Safe .

Johnson & Johnson (JNJ.N) has set the amount of $400 million for resolving U.S. state consumer protection actions as part of a larger $8.9 billion settlement of claims that its Baby Powder and other talc products cause cancer. Is gold bond talc safe.

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 patients in an arrangement for bankruptcy. Is gold bond talc safe. J&J has claimed that its products containing talc are safe and don’t cause cancer. It is attempting for a second time to resolve more than 38,000 lawsuits in bankruptcy, as well as prevent new lawsuits from arising in the future.
LTL’s bankruptcy plan will pay $400 million to an additional trust to settle claims brought with state attorneys general claiming that J&J had violated states’ unfair practices as well as consumer protection laws, by deceiving consumers about the quality of its talc products.

A number of states had already initiated consumer protection actions against J&J prior to LTL’s bankruptcy filing prevented those investigations from moving forward in 2021. Is gold bond talc safe. New Mexico and Mississippi had already brought suit for damages against Johnson & Johnson before then and the states of Arizona, Maryland, North Carolina, Texas and Washington had issued civil investigative subpoenas or demands, according to LTL’s court papers.

New Mexico and Mississippi have filed a petition to end LTL’s bankruptcy, joining cancer victims as well as those affected by cancer and the U.S. Justice Department’s bankruptcy watchdog. They argue that a profit-making business like J&J cannot benefit from bankruptcy protections designed for people with debt problems.
The company’s initial attempt to resolve the bankruptcy lawsuits was dismissed after similar arguments. In the end, a U.S. appeals court determined it was not LTL had not been in “financial trouble” and therefore not eligible of bankruptcy protection. Is gold bond talc safe. LTL declared bankruptcy a second time less than two hours after the dismissal, saying that its second attempt was different in that there was less money available and had more support for an agreement.

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

Is Gold Bond Talc Safe

The filings of LTL’s latest bankruptcy proceedings also include more details on how the company would evaluate and pay cancer claims when the bankruptcy plan is approved.

The most significant payments under the settlement will be $500,000 for people diagnosed with terminal mesothelioma before age 45. Is gold bond talc safe. The second payment would be $260,000 for those who have been diagnosed with terminal ovarian cancer before age 45.

From there, the proposed settlement offers discounts based on the type and severity of cancer, the patient’s years of age, their history of usage of talc and other variables. Is gold bond talc safe. For instance the case of a woman who used daily talc products, had an ancestral history of ovarian cancer and was diagnosed Stage II cancer of the ovary by age 55 may be eligible for a $21,125 payment under the settlement plan.

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

Following another hearing 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 as well as those who oppose the strategy to engage in talks to reach a settlement, Bloomberg reports.

With its second bankruptcy attempt for LTL Management, a subsidiary set up by J&J to settle claims – the company proposed a settlement of $8.9 billion. Is gold bond talc safe. While a firm representing plaintiffs agree with the offer, another group opposes the deal.

In the last week, an opposition group, dubbed”the Official Committee of Talc Claimants, urged the bankruptcy court to dismiss the case by asserting that LTL cannot be regarded as in financial hardship.

“The filing is an unjust and legally flawed attempt by a handful of law firms to stop claimants from voting on the resolution, which the vast majority of claimants approve of,” J&J’s litigation chief Erik Haas, said in an announcement. Is gold bond talc safe. “The law firms that are behind their filing are financially oriented and have conflicts that are in conflict with, contradict and infringe on the rights of their clients. We’ll be submitting an appeal an appeal to the appellate court.”

Is gold bond talc safe. Clay Thompson, a lawyer for MRHFM which boasts more than mesothelioma clients who have sued J&J claimed that J&J’s second bankruptcy attempt failed.

“J&J sends out press releases describing how fantastic its plan is while simultaneously requesting that details of the plan, such as what each sick person will receive–be kept secret,” Thompson said in a statement. “What does the company have to cover up?”

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Kaplan has directed the parties to devise a second reorganization plan, under supervision of two mediators.

In February 2022, Kaplan stated that J&J’s use of Chapter 11 to hasten a settlement that would free J&J from the thousands of lawsuits concerning its talcum products.

However, in January of this year, a federal appeals court ruled against the ruling, ruling that the firm could not be considered to be in “financial distress.”

In the event that J&J’s request to challenge the U.S. Supreme Court was dismissed in April, J&J was granted a second petition for bankruptcy two hours later. In response, Kaplan froze the lawsuits for 60 days to decide whether or not to accept an additional bankruptcy.

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

With 2 Chapter 11 attempts, J&J has been able to buy 19 months in which cases were placed in limbo. Is gold bond talc safe. J&J wants the claimants to take a vote to accept their settlement. J&J needs 75% acceptance for the deal to go through.

In addition to the team of talc lawyers that criticized the company’s bankruptcy play, the U.S. Trustee which is a division that is part of the U.S. Department of Justice is also submitting a motion to dismiss LTL’s second bankruptcy.

In a recent filing, U.S. trustee Andrew R. Vara wrote that the bankruptcy courts are “open to honest, but naive debtors.” Those doors “are not available to anyone that don’t have a legitimate bankruptcy purpose or that seek to use the bankruptcy process to hinder or delay their creditors,” Vara continued.

To its credit, J&J maintains there is no proof conclusive that their Talc-based products, such as its famous baby powder, cause cancer. J&J has taken the products of the market–first for North America in 2020–and the rest of the world later this year.

J&J is determined to stay clear of the cost of going to court. J&J has won the majority of cases that have been resolved at trial, but certain losses have been extremely severe.
A well-known trial in Missouri ended in an $4.7 billion verdict against the drugmaker, 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 cases in talc which are in appeal or resolved. In 41 trials 32 have ended in the favor of J&J or a mistrial, or plaintiff verdict that was annulled on appeal. Is gold bond talc safe. Additionally, the company has announced plans to settle over 1,000 cases worth the sum of $100 million. Bloomberg announced at that time.

Talcum Baby Powder Ovarian Cancer Lawsuit – Is Gold Bond Talc Safe

Our lawyers handle baby powder cases in every state. The talcum powder lawsuits against Johnson & Johnson have been in the process for several years. Is gold bond talc safe. The lawsuits contend that the prolonged use of talcum powder (or “talc”), the active ingredient in many products, including the Baby Powder or Shower to Shower which can cause ovarian cancer in some women.

This page offers the J&J talc power litigation update and examines how the coming bankruptcy ruling will affect the final settlement amount in these ovarian cancer lawsuits.

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

Johnson and Johnson Talcum Powder Lawsuit Update 2023 – Is Gold Bond Talc Safe

June 2 2023 Update: At the asbestos talc case at the trial in California yesterday, some technical issues interrupted the opening statements made by defense lawyers. Is gold bond talc safe. Jurors watching from home on Zoom, did hear Johnson and Johnson’s lawyer express doubt about the science of the 70s that claimed asbestos was present in their product prior to the session abruptly ended.

The plaintiff had the opportunity to present an initial witness Arthur Langer. Langer stated that the presence of other minerals with talc is expected. He said that his team informed J&J in the year 1971 of the presence of asbestos chrysotile in the company’s talc, albeit at less than 0.1 percent. He also found more asbestos in the year 1976.

June 1st, 2023 Update Is gold bond talc safe. This is the first court trial that has taken place since J&J made the decision to split its talc segment and file for bankruptcy marks a pivotal moment within the ongoing lawsuit drama. Trial started on Monday in the tragic case of a young, 24-year-old plaintiff who was diagnosed with a rare and aggressive type of mesothelioma last year, a diagnosis lawyers on both sides believe is a tragedy of a different kind.

The opening statements exposed the sharp differences in the two sides’ narrative. The attorney for the plaintiff took aim towards Johnson & Johnson, alleging the use of deceitful methods in their research practices as well as throughout the litigation process. The attorney claims that, according to, the company tried to manipulate the definition of asbestos, despite internal documents dating back to the year 1978 and 1994 indicating that asbestos fibers in the tissues of the plaintiff are part of.

Johnson &J’s highly uncertain $8.9 billion settlement offer hangs in the balance with the progression of this trial. Despite the distinct nature of this mesothelioma-related case and its unique challenges compared to other lawsuits involving talcum powder, a verdict favoring the plaintiff could inflict a serious setback to J&J’s hopes for broad acceptance of the settlement they have proposed among plaintiffs.

May 31st, 2023 Update: Johnson & Johnson’s bankrupt talc business was able to defend its second Chapter 11 filing in the facing challenges from injured talc claimants. In an objection submitted to the New Jersey bankruptcy court, J&J’s subsidiary claimed that the situation differed fundamentally from the earlier filing. The subsidiary emphasized the record-breaking commitment of $8.9 billion to J&J as the largest ever settlement in an bankruptcy case involving mass torts. Is gold bond talc safe. The issue is not discussed: whether the magnitude of the settlement implies that it is an equitable settlement. J&J also claimed that it received support from numerous plaintiffs’ law companies representing over sixty thousand claimants. It is difficult to confirm but it’s likely to be false.

May 24, 2023 Update: Since Johnson and Johnson’s bankruptcy filing in 2021 filing, the first trial regarding its cosmetic talc items allegedly comprised of asbestos is set to commence jury selection on Monday, California at Alameda County Superior Court, a historically good location for plaintiffs. The plaintiff claims his mesothelioma is the result of asbestos exposure in J&J’s product which J&J denies. The trial also involves six retailers accused of selling talc products.

May 22, 2023 Update: Lawyers in the 2nd J&J Talc bankruptcy are currently disputing who should be appointed to the post of the claims representative in the future, an important role essential to the resolution of the claims involving talc. Is gold bond talc safe. Randi Ellis, a lawyer who frequently 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 in that position yet again, but the lawyers for the talc plaintiffs have raised objections on the grounds that Ellis has a conflict of interest which would prohibit her from holding that position once more. The issue stems from the reality that Ellis was involved in drafting the hotly litigated second bankruptcy, which raises concerns about her capacity to be neutral. It’s true that this bankruptcy could be dismissed in the end.

May 17, 2023 Update The pretend company that J&J made up to settle the talc litigation bankruptcy told an New Jersey bankruptcy court that they have designated $400 million to settle the claims of states that accuse the company of deceitful advertising for its talc-based products. Is gold bond talc safe. That’s an $8.5 billion settlement for cancer sufferers. It’s difficult to imagine an eventuality where J&J will be able to push these settlements for babies given these numbers. Although J&J’s $8.5 billion offer sounds like a lot initially, it may not look good after you calculate the figures. This settlement offer based on our rough calculations would not provide victims with much more than $100,000 per instance. It’s not enough.

May 15th, 2023, Update J&J could be facing lawsuit brought by an advocacy group that represents cancer victims. Is gold bond talc safe. The group claims that J&J deliberately retracted the $61.5 billion fund-raising agreement that it had with its company subsidiary LTL Management LLC, in order to create a false sense of financial distress and confirm the unit’s Chapter 11 bankruptcy filing. The group argues that this act amounts to a fraudulent transfer of rights of compensation for victims. They will investigate J&J’s actions in the wake of the decision to dismiss the LTL’s bankruptcy case in its first instance.

May 10 2023 Update: The following week, the U.S. Bankruptcy Court in New Jersey will hear oral arguments in a motion dismiss the second bankruptcy filing by J&J LTL Management, J&J’s subsidiary. LTL Management. In the meantime, however, it has approved an order which requires both sides to participate in a settlement mediation hoping that an international settlement agreement can be been reached.

May 5, 2023 Update: The talc manufacturer Whittaker, Clark & Daniels filed for Chapter 11 bankruptcy due to many lawsuits claiming that its talc products caused cancer through asbestos exposure. Is gold bond talc safe. Over 2,700 people have sued the company and the company was spending $1 million a month on legal defense. The company’s most recent $29 million verdict in South Carolina forced it to file for bankruptcy protection, arguing that assets should be distributed in an equitable manner between the claimants of talc instead of being confiscated by the receiver. Other talc suppliers have also been forced to file for bankruptcy as a result of litigation.

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

This is the answer to settle these claims with J&J. A baby powder settlement could be completed. Is gold bond talc safe. However, it’ll require more money – more billions of dollars from Johnson & Johnson.

Lawyers are divided over whether or not to agree with the proposal and not all clients see the situation the same way their attorney does. A second bankruptcy proceeding is expected to fail with Judge Kaplan has scheduled a hearing for June to decide whether to dismiss the bankruptcy for the second time.

May 3, 2023 Update The group of cancer patients suing Johnson & Johnson (J&J) requested that the Third Circuit halt the bankruptcy filed by J&J subsidiary LTL Management, claiming it attempts to block the litigation involving talc products. The committee representing talc claimants filed a motion on Tuesday asking to the Third Circuit to consider their appeal and return the case an earlier court, with instructions to discharge the bankruptcy. Is gold bond talc safe. The committee also requested that the stopped tort litigation against J&J should be permitted to proceed.
LTL applied for Chapter 11 protection once again after its bankruptcy filing was denied by the Third Circuit earlier this year which offered the possibility of an $8.9 billion payment. The committee believes 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 as saying that J&J plans to file a response in the appeals court, declaring the filing an “desperate and legally flawed attempt” by a select group of law firms that have competing financial interests.
May 1 2023 Update: A question people keep asking is how could plaintiffs and their lawyers turn around $8.9 billion. Of course, it’s quite a sum. But there are plenty of victims. Is gold bond talc safe. And these are really good claims for plaintiffs. We were reminded of this last week by two talc-related trials that led to huge verdicts for plaintiffs. In February mesothelioma cases, a talcum powder trial in Oregon led to a verdict in the amount of $18.1 million. The following month, a second mesothelioma-related talc case went to the court at 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 top suppliers of talc within the U.S.
April 30, 2023 Update: When J&J first attempted to drag the talcum powder litigation into bankruptcy, it came with an offer to set aside $2 billion to settle the case. This was an absurdly low amount. The talc plaintiffs had not believed in the offer. This time, however, J&J has increased the offer to $8.9 for talc-related plaintiffs if they are willing to accept bankruptcy settlements and they have the backing of a significant portion of the talc plaintiffs and their attorneys. Is gold bond talc safe. But with 75% of talc plaintiffs, which is required for bankruptcy plan approval is a difficult road since there are so many lawyers with large stocks of baby powder litigations opposed towards the agreement.

What is the solution to this impasse? More billions.
April 25, 2023 update: Talc plaintiffs have demanded a judge reject the Chapter 11 case filed by LTL Management LLC, a absurdly made-up Johnson & Johnson subsidiary, saying the company is not financially distressed. LTL requested Chapter 11 to settle tens of thousands of claims that J&J’s baby powders cause cancer. Is gold bond talc safe. The 3rd Circuit dismissed its first Chapter 11 case in January in a ruling that said the company wasn’t eligible for bankruptcy relief since it had not demonstrated financial difficulties.

The claimants argue that LTL’s third Chapter 11 case is an overreach of the bankruptcy system, and that the case is being handled in bad good faith. J&J states 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 victims ‘ lawyers are divided on their disagreement over the $8.9 billion settlement offer.

April 21st, 2023 Update: A bankruptcy judge has decided in favor of Johnson & Johnson must face new lawsuits alleging that it sold baby powder that was contaminated and causing cancer. Although the trials for the talc lawsuits have been suspended for at least 60 days however, new lawsuits may be filed and lawyers can begin preparing their cases. Is gold bond talc safe. Judges expressed doubt about J&J’s pathetic attempt to revive its strategy with a second bankruptcy trial.

April 13 2023 update: the biggest update is about the $8.9 billion over the course of 25 years offer for settlement. Lawyers representing cancer patients within MDL class action MDL collective action vowed to challenge the settlement talc claimants. Why? They believe it’s not enough money for 70,000 victims who have cancer. Is gold bond talc safe. These lawyers argue that J&J should negotiate a bigger settlement or pursue individuals’ claims if the current bankruptcy is thrown out.

There is a different lawyer group that isn’t part of the leadership of the class action. The lawyers collectively have accumulated hundreds of thousands of cases. The group is seeking to settle now in what many believe to be lower than what the victims should be paid. The argument they make is two-fold. The first is that they claim the settlement of around 100 million dollars on average per plaintiff is fair.

This argument isn’t easy to prove. The second argument is more force: victims should be no longer patient and demand their money now.

April 12 2023 Update: People are seeking out how J&J is able to file for bankruptcy again. The answer is complex and complex. Let’s try to clarify the issue in a simple way.
Johnson & Johnson asserts that bankruptcy is the only method to resolve both current and future talc lawsuits conclusively. Also, it believes that it will be less expensive in the event of the bankruptcy element which applies pressure to negotiate a settlement. Is gold bond talc safe. Moving past 400 years of American past, the company argues that bankruptcy benefits all parties as it distributes settlements more fairly and efficiently than trial courts, which are where litigants get significant payouts, while others are left with nothing.

The essence in the 3rd Circuit decision was this isn’t a case that involves a profitable company making an affiliate to accept the legal burden and declare bankruptcy Congress contemplated when drafting the Bankruptcy Code. It also clarified the company was in financial trouble due to the fact that J&J promises unlimited funding.
Thus, J&J decided to go with the unlimited funding part of the deal and didn’t promise to fund unlimited cases. The company claims that its updated financing arrangements with its subsidiary address appeals court’s concerns while still supplying funds for claim payments. As if offering victims lower amounts of money would resolve the overarching problem.

Attorneys representing cancer patients who oppose the agreement counter this argument by saying that it is a defense against legal nonsense by pointing out legal absurdity: J&J fraudulently transferred $50 billion of assets from LTL Management to circumvent the appeals court’s previous decision. Hyperbole was not spared attorneys representing the victims claim it the biggest “fraudulent transfer ever in United States history.”

Notwithstanding the legal mumbo jumbo, J&J does not really believe that this bankruptcy will last. It is however a method of pushing this $8.9 billion settlement, and to keep pressure on plaintiffs.

April 10 2023 Update Bloomberg is running an intriguing article on a new law in New Jersey that is shedding new light on the funding of litigation in the baby powder suit for class actions. Litigation funders Virage Capital Management and TRGP Capital invested in hundreds of claims that were brought against Johnson & Johnson (J&J) concerning talc products in exchange for a share of any wins. J&J is now offering an offer of $8.9 billion in settlements for all lawsuits.

The funders’ involvement is publicly available because of a New Jersey court rule requiring the release of certain details about funders outside the state. This rule is intended to address the rising calls for the regulation of lawsuit funders. J&J is facing more than 60,000 claims when you take into account federal and state child powder-related lawsuits. Third-party funding in mass tort claims is not without its pros and cons. However, there is no doubt that we are seeing how third-party funding can level the playing field between individuals as well as large corporations in the courtroom.

April 4 2023 Update: It is enjoyable to see the worm turn in this lawsuit. J&J was hit again this week, when an appeals court in the Third Circuit denied J&J’s request to keep the automatic stay in place in the meantime that J&J appeals an order granting bankruptcy to the U.S. Supreme Court. This automatic stay froze thousands of talcum powder cases and prevented new lawsuits from arising ever since J&J launched the controversial attempt to spin talc-related liabilities off into a bankrupt subsidiary over a year back. Is gold bond talc safe. After it was decided that the 3rd Circuit ruled that this bankruptcy was invalid just a few months ago the stay was removed. J&J wanted to see it continue in the meantime of an appeal to the SCOTUS appeal. However, 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 chance of the Supreme Court is willing even to consider 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 for talcum powder MDL in just over a year. Seven new talc cases were included in the MDL during the month of March and brought the total number of pending cases up to 37,522.

February 25 2023 Update This morning, a Congressmen from Tennessee is now requesting that The U.S. Government Accountability Office (GAO) start an investigation to determine how much J&J Talc products have cost the government in the decades.
in a letter addressed to the GAO, Rep. Steven Cohen (D-Ten.) has accused J&J of ignoring the risks of its talc-based products for many years, while tax dollars were spent treating those injured by exposure to the product. The demand comes just weeks after J&J’s major loss in the 3rd Circuit Court of Appeals.

Is gold bond talc safe. J&J must begin making reasonable settlements for victims in order to put all of this behind it. It is a stain on one of the world’s greatest businesses.

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