You May be Entitled to Significant Compensation Is talc bad for your eyes. 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 $440 million US state AGs. Is Talc Bad For Your Eyes .
Johnson & Johnson (JNJ.N) has set aside $400 million to resolve U.S. state consumer protection actions as part of its broader $8.9 billion effort to settle claims that its Baby Powder and other talc product causes cancer. Is talc bad for your eyes.
J&J affiliate LTL Management filed a bankruptcy plan in New Jersey late on Monday which outlines how the company will pay various types of cancer victims in a bankruptcy settlement. Is talc bad for your eyes. J&J has declared that its Talc products are safe and do not cause cancer. It is attempting for the second time to end more than 38,000 lawsuits filed in bankruptcy, as well as prevent new lawsuits from coming forward in the near future.
LTL’s bankruptcy plans would deposit $400 million into a separate trust for claims filed by state attorneys general claiming that J&J did not comply with states’ unfair practices as well as consumer protection laws, by deceiving consumers about the quality of its talc products.
Many states had initiated consumer protection lawsuits against J&J prior to the time that LTL’s bankruptcy filing stopped these investigations from proceeding in 2021. Is talc bad for your eyes. New Mexico and Mississippi had already launched actions with Johnson & Johnson before then and the states of Arizona, Maryland, North Carolina, Texas and Washington had issued civil investigative demands or subpoenas according to court documents.
New Mexico and Mississippi have moved to dismiss LTL’s bankruptcy as well as cancer patients as well as The U.S. Justice Department’s bankruptcy watchdog. They have argued that a successful firm like J&J is not eligible for bankruptcy protections intended for struggling debtors.
The company’s initial attempt to resolve the bankruptcy-related lawsuits was dismissed following similar arguments. The U.S. appellate court ruled the LTL had not been in “financial distress” and thus not eligible under bankruptcy law. Is talc bad for your eyes. LTL declared bankruptcy a second time within two hours of the dismissal, saying that its second attempt was different as it was able to borrow less and had more support for a settlement.
New Mexico and Mississippi said in their motion for dismissal that LTL’s latest bankruptcy violation of state law enforcement authorities by attempting unilaterally to cap LTL’s liability to state consumer protection measures.
Is Talc Bad For Your Eyes
LTL’s recent filings also provided more details on how the company plans to evaluate and pay cancer claims in the event that the bankruptcy plan is approved.
The largest amount of money under the settlement would be $500,000 for those diagnosed with cancer of the mesothelioma ovary before age 45. Is talc bad for your eyes. The second payment would be $260,000 for patients diagnosed with cancer of the ovary before age 45.
The proposed settlement provides discounts based on the nature and severity of cancer, an individual’s age, history of talc use and other factors. Is talc bad for your eyes. For instance an individual who was using the talc product on a regular basis, had an ancestral history of ovarian cancer, and was diagnosed with stage II ovarian cancer at the age of 55 could be in line for a $21,125 payout under the plan.
Judge orders J&J and talc oppositionists to discuss settlement negotiations.
Following another round of hearings in Johnson and Johnson’s efforts to implement a Texas Two-Step bankruptcy strategy for talc litigation and 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 set up by J&J to settle claims – the company proposed a settlement of $8.9 billion. Is talc bad for your eyes. While one firm representing plaintiffs is in favor of the settlement, a different group opposes the move.
The previous week, the opposition group, known as the Official Committee of Talc Claimants in the bankruptcy court, demanded to dismiss the case by arguing that LTL is not considered to be in financial hardship.
“The filing is an incredibly legal and ineffective attempt by a handful of law firms to stop claimants from voting on the resolution, which the vast and growing majority of claimants support,” J&J’s litigation chief Erik Haas, said in a statement. Is talc bad for your eyes. “The law firms who filed these filings have interests in finance that do not align with, diverge from, and are in opposition to the interests which their clientele. We’ll be submitting a response an appeal to the appellate court.”
Is talc bad for your eyes. Clay Thompson, a lawyer for MRHFM, which includes more than mesothelioma clients who have sued J&J and J&J, has said that the company’s second bankruptcy try will fail.
“J&J issue press releases that boast about how amazing its plans are, but is demanding that plan details–including what individuals with illnesses would receive,” Thompson said in an announcement. “What do J&J have to cover up?”
Kaplan has instructed the sides to devise a second arrangement plan under supervision by two mediators.
On February 20, 2022 Kaplan acknowledged J&J’s recourse to Chapter 11 to hasten a settlement that will free J&J from the thousands of lawsuits concerning its talcum products.
But in January of this year, a federal appeals court overturned the decision, deciding that the firm could not be considered to be in “financial trouble.”
When J&J’s attempt to challenge the U.S. Supreme Court was dismissed on April 1, J&J filed for its second bankruptcy just two hours later. In response to that move, Kaplan froze the lawsuits for 60 days, allowing the company to decide whether to grant the second bankruptcy.
J&J’s unstoppable profit engine goes out of control after $6.9B settlement charge for talc.
With the 2 Chapter 11 attempts, J&J has purchased 19 months of which cases have been on hold. Is talc bad for your eyes. J&J wants the claimants to vote on accepting their settlement. J&J requires 75% support for the deal to go through.
Alongside the group of talc attorneys who have panned the company’s bankruptcy as well, the U.S. Trustee which is a division of the U.S. Department of Justice is also submitting an appeal to dismiss LTL’s second bankruptcy.
In a statement this week, U.S. trustee Andrew R. Vara wrote that the bankruptcy are “open to honest, but naive debtors.” The doors “are not open to any parties that do not have a legitimate purpose or that seek to use the bankruptcy process to delay or hinder their creditors,” Vara continued.
To its credit, J&J maintains there is no proof conclusive that their Talc products, which includes its iconic baby powder, can cause cancer. J&J has taken the products of the market first on North America in 2020–and the rest of the world this year.
J&J seeks to avoid the cost of going to trial. The company has won most of the cases that have been resolved in court, however certain losses have been punitive.
A highly publicized trial in Missouri led to an $4.7 billion verdict against the drugmaker that was later reduced to $2.1 billion following 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 settled. Of the 41 trials, 32 have ended in the favor of J&J as well as mistrials or verdict of a plaintiff reversed after appeal. Is talc bad for your eyes. Additionally, the company in 2020 moved to settle more than 1000 cases at a cost of $110 million. Bloomberg published at the time.
Talcum Baby Powder Ovarian Cancer Lawsuit – Is Talc Bad For Your Eyes
Our lawyers handle baby powder cases in every state. The talcum powder lawsuits in the case of Johnson & Johnson have been ongoing for many years. Is talc bad for your eyes. The lawsuits assert that long-term use of talcum powder (or “talc”), the active ingredient in products like Baby Powder along with Shower to Shower, can cause cancer of the ovary in certain women.
This article provides an J&J talc power litigation update and examines how the coming bankruptcy ruling will impact the final settlement amounts in the cases of ovarian cancer.
Did the deadline expire for you to make a claim for talcum powder? Many people who think the statute of limitations has passed to file a lawsuit against Johnson & Johnson are wrong. Call us at 800-553-882 or request a free and quick case review online.
Johnson and Johnson Talcum Powder Lawsuit Update 2023 – Is Talc Bad For Your Eyes
June 2 2023 Update: At the asbestos talc trial at the trial in California yesterday, a few technical issues halted the opening statements of the defense lawyers. Is talc bad for your eyes. Jurors who were watching from their homes via Zoom, did hear Johnson & Johnson’s lawyer voice his doubt about the 70s research claiming asbestos was present in their product, but the trial was abruptly closed.
In the meantime, the plaintiff had the opportunity to introduce its first expert witness Arthur Langer. Langer said that the presence of other minerals in the talc’s mineral content is inevitable. He said that his team informed J&J in 1971 about the presence of chrysotile asbestos in the talc manufactured by the company, though with just 0.1 percent. He also discovered more asbestos in the year 1976.
June 1st, 2023 Update: Is talc bad for your eyes. First trial after J&J has decided to separate its talc segment and file for bankruptcy is an important turning point for the ongoing lawsuit drama. Trial started on Monday in the poignant case of a young 24 year-old plaintiff who was diagnosed with a rare and aggressive form of mesothelioma last year, which both sides acknowledge is a harrowing tragedy.
The opening statements exposed the distinct differences between each side’s narrative. The plaintiff’s attorney took aim against Johnson & Johnson, alleging the use of deceitful methods in their research practices as well as throughout the litigation procedure. The attorney claims that, according to, Johnson & Johnson tried to alter the definition of asbestos in spite of internal documents dating from 1998 and 1994 that show asbestos fibers in the plaintiff’s tissue are included.
Johnson &J’s highly uncertain $8.9 billion settlement is hanging in the balance as we course of this trial. Despite the distinctive nature of the mesothelioma trial 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 hope of gaining broad acceptance for their settlement proposal among plaintiffs.
May 31, 2023: Update from Johnson and Johnson’s bankrupt talc unit vigorously defended their Second Chapter 11 filing in the facing challenges from the talc injury plaintiffs. In a written objection to the New Jersey bankruptcy court, the company argued that the case was vastly different from the earlier filing. It also emphasized the unprecedented commitment of $8.9 billion from J&J which is the largest settlement ever in the history of a mass tort bankruptcy. Is talc bad for your eyes. There was no mention of how the magnitude of the settlement indicates that it is an equitable settlement. J&J also claimed support from several plaintiffs’ legal firms that represent over the 60,000 plaintiffs. This is difficult to verify however it is likely to be incorrect.
May 24 2023 Update: As of Johnson & Johnson’s 2021 bankruptcy filing, the very first trial regarding the cosmetic talc products it claims to with asbestos content is scheduled to start jury selection Monday in California within the Alameda County Superior Court, a historically good jurisdiction for plaintiffs. Plaintiff claims that mesothelioma was triggered by asbestos exposure resulting from J&J’s products which that the company denies. The trial also includes six retailers accused of selling talc products.
May 22, 2023 Update: Lawyers involved in the 2nd J&J Talc bankruptcy are currently in a dispute over who should be chosen to fill the post of future claims representative, a role that is critically important to resolving the claims involving talc. Is talc bad for your eyes. Randi Ellis, a lawyer who is frequently involved in MDLs throughout the country was appointed the claims representative in the first bankruptcy. J&J’s defense attorneys want Ellis to be appointed to that role in the future, however lawyers representing the talc plaintiffs are objecting on the grounds that Ellis has a conflict of interest that should prevent her from taking on that role in the future. The conflict stems from the possibility that Ellis was apparently involved in the drafting of the highly litigated second bankruptcy, which raises doubts about her ability to be neutral. However, the reality is that this bankruptcy could get dismissed anyway.
May 17, 2023 Update: The fake company J&J formed to handle the bankruptcy of talc told a New Jersey bankruptcy court that they had allocated $400 million to pay the claims made by states accusing the company of deceptive advertising for its talc products. Is talc bad for your eyes. It’s a $8.5 billion settlement for cancer patients. It’s difficult to imagine an eventuality where J&J can push these settlements for babies at these numbers. While J&J’s proposed $8.5 billion offer seems like a huge sum at first, it does not appear appealing when you consider the math. This settlement proposal – by our rough calculations, would not provide victims with much more than $100,000 per instance. That’s not enough.
May 15 2023, Update J&J could be facing lawsuit brought by an advocacy group representing cancer victims. Is talc bad for your eyes. The group argues that J&J deliberately withdrew the $61.5 billion fund-raising agreement in conjunction with its affiliate, LTL Management LLC, in order to create a false sense of financial distress and validate the unit’s Chapter 11 bankruptcy filing. The group asserts this action could be interpreted as a fraudulent transfer of right to compensation for victims. They are planning to study J&J’s actions as a result of the dismissal of the first bankruptcy case of LTL.
May 10, 2023 Update: Next week in the U.S. Bankruptcy Court in New Jersey will hear oral arguments regarding a motion to reject the second bankruptcy filing by J&J subsidiary LTL Management. In the meantime, however the bankruptcy has issued an order requiring both sides to take part in a new settlement negotiation in the hope that a global settlement deal can come to fruition.
May 5th, 2023: Update on Talc manufacturer Whittaker, Clark & Daniels filed for Chapter 11 bankruptcy due to numerous lawsuits alleging its talc products cause cancer from asbestos exposure. Is talc bad for your eyes. Over 2,700 individuals have sued the firm and it is paying $1 million per month on legal defense. The company’s recent $29million verdict that was handed down in South Carolina forced it to pursue bankruptcy protection, and arguing that assets should be distributed in an equitable manner among talc claimants instead of being taken in the hands of the receiver. Other talc suppliers have also declared bankruptcy because of the litigation.
May 4, 2023 Update: U.S. Bankruptcy Judge Michael Kaplan has directed Johnson & Johnson to relaunch negotiations with lawyers who turned down the company’s proposed $8.9 billion offer for settlement. The court in Trenton, New Jersey yesterday, the parties appeared in court to discuss the next steps in another bankruptcy proceeding and Judge Kaplan pushed more settlement talks.
This is the way to settle these claims for J&J. The baby powder settlement is likely to get done. Is talc bad for your eyes. But it will require more money – more billions of dollars coming from Johnson & Johnson.
Lawyers have a split opinion on whether to take the proposal or not and not all clients view this issue the same way their lawyer does. Second bankruptcy cases are bound to be a failure 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 who have sued Johnson & Johnson (J&J) asked for J&J’s Third Circuit halt the bankruptcy filed by J&J subsidiary LTL Management, claiming it is a bid to stop the litigation involving talc products. The group representing claimants for talc filed a motion on Tuesday asking for the Third Circuit to consider their appeal and return the case the lower court, with instructions to dismiss the bankruptcy. Is talc bad for your eyes. The committee also requested that the stopped tort litigation against J&J be allowed to proceed.
LTL applied for Chapter 11 protection once again following the bankruptcy filing it made earlier was denied by the Third Circuit earlier this year and offered a $8.9 billion deal. The committee says that the recent ruling, which allows 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 asked that the New Jersey bankruptcy court dismiss the LTL bankruptcy case. J&J’s worldwide vice president of litigation Erik Haas, was quoted by Bloomberg declaring that J&J plans to file a reply in the appeals court, characterizing the filing as an “desperate and legally flawed effort” by a select group of law firms that have competing financial interests.
May 1st 2023 Update: A common question that people ask is how plaintiffs and their lawyers be able to turn on $8.9 billion. Of course, that’s an enormous amount of money. But there are a lot of victims. Is talc bad for your eyes. And these are really good case for plaintiffs. We were reminded of this recently when two talc cases have resulted in huge verdicts for plaintiffs. In February mesothelioma, a talcum-based powder trial in Oregon resulted in a verdict in the amount of $18.1 million. A month later, another mesothelioma trial involving talc was held for trial in South Carolina and resulted in a verdict of $29 million on behalf of the plaintiff. The defendant in both cases was Whittaker, Clark & Daniels Inc. one of the leading suppliers of talc in the U.S.
April 30th, 2023 Update: When J&J first tried to bring the lawsuit over talcum powder into bankruptcy, it was met with an offer to reserve $2 billion to settle the case. It was a ridiculously small amount. The talc plaintiffs had not were in favor of the proposal. 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 have the support of a substantial segment of the talc plaintiffs as well as their lawyers. Is talc bad for your eyes. But with 75% of talc plaintiffs, which is required for bankruptcy plan approval is not an easy task because of the number of lawyers who have massive collections of baby powder lawsuits opposed to the settlement.
What can be done to end the impasse? More billions.
April 25, 2023 Update: Talc patients have asked a judge to disqualify the Chapter 11 case filed by LTL Management LLC, a absurdly made-up Johnson & Johnson subsidiary, saying the company is not financially strained. LTL has filed for Chapter 11 to settle tens of thousands of claims that J&J’s baby products caused cancer. Is talc bad for your eyes. It was the 3rd Circuit dismissed its first Chapter 11 case in January in a ruling that said the company wasn’t eligible to receive bankruptcy relief because it was unable to demonstrate financial trouble.
The plaintiffs argue that LTL’s second Chapter 11 case is an overreach of the bankruptcy system and it’s being conducted in bad faith. J&J asserts that the bankruptcy settlement has “significant support” from companies representing around 60,000 claimants. It is fair to say that lawyers representing plaintiffs and victims are divided over their disagreement over the $8.9 billion settlement offer.
April 21st, 2023 Update A bankruptcy judge has ruled in favor of Johnson & Johnson must face new lawsuits alleging that it sold tainted baby powder causing cancer. Even though trials for Talc lawsuits are suspended for at least 60 days and new lawsuits are able to be filed and lawyers may begin to prepare their cases. Is talc bad for your eyes. The judge expressed skepticism over J&J’s absurd attempt to relaunch its strategy in another bankruptcy case.
April 13 2023 Update: The major news is the $8.9 billion over the course of 25 years of settlement. Lawyers representing cancer victims involved in the MDL collective action promised to fight the settlement alongside the talc claimants. Why? They argue that it’s not enough money for 70 000 cancer patients. Is talc bad for your eyes. They argue that J&J should negotiate a larger settlement or litigate individual claims if the latest bankruptcy is thrown out.
However, there is a second group of lawyers outside of the leadership of this class action. These lawyers have collectively amassed hundreds of thousands of cases. The group is seeking to settle today in what many believe to be lower than what the victims should be paid. Their argument seems to be two-fold. First, they argue the settlement – which amounts to 100 million dollars on average per plaintiff is fair.
It’s a difficult argument to argue. But their second argument has more force: the victims can be no longer patient and demand to get their money right now.
April 12, 2023 Update: People are wondering if J&J is able to file for bankruptcy once more. The answer is complicated and convoluted. But let’s try to explain it in simple terms.
Johnson & Johnson asserts that bankruptcy is the only way to settle both present and future talc litigations in a definitive manner. It believes that it will be less expensive in the event of an element of bankruptcy that puts pressure to negotiate a settlement. Is talc bad for your eyes. In a quest to cover more than 400 years in American history, the firm asserts that bankruptcy benefits everyone by dispersing settlement payments more equitably and more efficiently than trial courts where some litigants receive significant award while others do not.
The gist of this 3rd Circuit decision was this is not a case of one that makes a profit, but a subsidiary to take the legal liability and declare bankruptcy – Congress contemplated when drafting the Bankruptcy Code. However, the court also ruled that the entity was financially distress due to the fact that J&J promises unlimited funding.
So J&J decided to go with the unlimited funding aspect of the agreement and did not promise to fund unlimited cases. The company says that its updated financing arrangements with its subsidiary addresses the appeals court’s concerns, while offering claim payment funds. As if offering victims less money will solve the overall issue.
Lawyers representing cancer victims who oppose the deal counter the agreement with what is countering legal nonsense with legal absurdity: J&J fraudulently transferred $50 billion of assets away from LTL Management to circumvent the appeals court’s decision. Hyperbole is not exempt: victims’ lawyers call it the largest “fraudulent deal ever in United States history.”
In spite of the legal jargon, J&J does not really think that the bankruptcy will endure. It is however a method of trying to push this $8.9 billion settlement through and maintain the pressure on plaintiffs.
April 10, 2023, Update Bloomberg is running an intriguing report on a brand new law that has been passed in New Jersey that is shedding new light on the funding of litigation in the baby powder Class action suit. Funders for litigation Virage Capital Management and TRGP Capital invested in hundreds of claims against Johnson & Johnson (J&J) concerning talc products in exchange for a portion of any winnings. J&J is now offering an offer of $8.9 billion in settlements for all lawsuits.
The funders’ involvement is public information due to the New Jersey court rule requiring the disclosure of certain information about funding sources outside of the. The rule aims to tackle the growing demands for regulation of litigation funders. J&J has more than 60,000 claims when you take into account state and federal child powder-related lawsuits. Third-party financing in mass tort cases has pros and cons. But there is no question that we are witnessing how third-party funding could level the playing field between people and big corporations in the courtroom.
April 4, 2023 Update: It’s pleasing to see the worm turn in this case. J&J suffered another setback this week when an appeals court in the Third Circuit denied J&J’s request to extend the automatic stay while J&J appeals a bankruptcy decision in the U.S. Supreme Court. It has halted thousands of talcum powder cases and stopped the filing of new lawsuits ever since J&J began the controversial plan to spin the talc liabilities off into a bankrupt subsidiary over a year earlier. Is talc bad for your eyes. After the 3rd Circuit ruled that this bankruptcy was invalid a few months ago, the stay was lifted. J&J was hoping to have it continued pending an appeal to the SCOTUS appeal. But 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 likelihood that 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 were filed and incorporated into the class action involving talcum powder MDL within a year. Seven new talc cases were joined to the MDL over the last month and brought the total number of cases that are pending to 37,522.
February 25, 2023 Update The following information is available: A Congressmen from Tennessee has now demanded that The U.S. Government Accountability Office (GAO) initiate an investigation into the amount J&J products containing talc have cost the government in the many years.
A recent email to the GAO, Rep. Steven Cohen (D-Ten.) in a recent letter to the GAO, Rep. Steven Cohen (D-Ten. J&J of ignoring the dangers of its talc product for long while tax dollars spent on treating people who suffered injuries from exposure to the product. The suit comes just a few days after J&J’s major loss in the 3rd Circuit Court of Appeals.
Is talc bad for your eyes. J&J should begin to make reasonable settlements to victims to to put all of this behind it. It’s a mark on one of the top firms.
February 14 2023 Update: At a hearing today at the hearing in New Jersey, U.S. Bankruptcy Judge Michael Kaplan announced his intention in light of his 3rd U.S. Circuit Court of Appeals ruling to dismiss the bankruptcy case.
You May be Entitled to Significant Compensation Is talc bad for your eyes. 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!