You May be Entitled to Significant Compensation Does talc cause cancer reddit. 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 be worth $400 million to US state AGs. Does Talc Cause Cancer Reddit .
Johnson & Johnson (JNJ.N) has set aside $400 million to address U.S. state consumer protection actions as part of its broad $8.9 billion deal to settle allegations that it’s Baby Powder and other talc-based ingredients cause cancer. Does talc cause cancer reddit.
J&J subsidiaries LTL Management filed a bankruptcy plan in New Jersey late on Monday which outlines how the company intends to pay different types of cancer patients in an arrangement for bankruptcy. Does talc cause cancer reddit. J&J has claimed that its Talc products are safe, and will not cause cancer. J&J is seeking the second time to end more than 38,000 lawsuits filed in bankruptcy, and to prevent any new cases from being filed in the near future.
LTL’s bankruptcy plan will pay $400 million to a separate trust for lawsuits filed with state attorneys general claiming that J&J did not comply with states’ unfair practices and consumer protection laws, by deceiving consumers regarding the safety of its talc products.
A number of states had already initiated consumer protection lawsuits against J&J prior to the time that LTL’s bankruptcy filing prevented these investigations from proceeding in 2021. Does talc cause cancer reddit. New Mexico and Mississippi had already initiated suit for damages against Johnson & Johnson before then and the states of Arizona, Maryland, North Carolina, Texas and Washington had issued civil investigative demands or subpoenas, according to LTL’s court papers.
New Mexico and Mississippi have moved to dismiss LTL’s bankruptcy, joining cancer victims as well as the U.S. Justice Department’s bankruptcy watchdog. have claimed that a lucrative firm like J&J cannot benefit from bankruptcy protections meant for those struggling with debt.
The company’s initial attempt to resolve the bankruptcy cases was dismissed after similar arguments. In the end, a U.S. appeals court decided in favor of LTL had not been in “financial trouble” and therefore not eligible of bankruptcy protection. Does talc cause cancer reddit. LTL had filed for bankruptcy again less than two hours after the dismissal, saying that the second bankruptcy was different in that it had less money available and had a greater chance of securing the settlement.
New Mexico and Mississippi said in their motion for dismissal that LTL’s bankruptcy renewal violates state law enforcement powers in attempting to unilaterally limit LTL’s liability to state consumer protection actions.
Does Talc Cause Cancer Reddit
LTL’s filings for the new year also contained additional details about how the company would assess and pay claims for cancer should the bankruptcy plan be approved.
The most significant payments under the settlement will be $500,000 to those diagnosed with cancer of the mesothelioma ovary before age 45, and $260,000 for patients diagnosed with ovarian cancer that is terminal before age 45.
The proposed settlement offers discounts based on the severity and type of the cancer, the person’s age, previous talc use and other factors. Does talc cause cancer reddit. For instance someone who regularly used the talc product on a regular basis, had an ovarian cancer family history, cancer and was diagnosed with an ovarian cancer stage II by age 55 could be in line for a $21,125 payment under the plan.
Judge decides J&J and talc opponents participate in settlement talks.
Following another hearing in Johnson and Johnson’s efforts to utilize 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 settlement talks, Bloomberg reports.
The second time it attempted to file for bankruptcy for LTL management, a subsidiary founded by J&J to settle claims – the company offered a settlement amounting to $8.9 billion. Does talc cause cancer reddit. While one firm representing plaintiffs supports the settlement, a different group opposes the move.
This week, the opposition group, known as”the Official Committee of Talc Claimants requested the bankruptcy court for dismissal of the matter by arguing that LTL cannot be regarded as financially distressed.
“The filing is an incredibly legal and ineffective attempt by a tiny number of law firms to stop claimants from deciding on the resolution, which that the vast majority of claimants are in favor of,” J&J’s litigation chief Erik Haas, said in a statement. Does talc cause cancer reddit. “The law firms involved in their filing are financially oriented and have conflicts that are in conflict with, contradict and infringe on the rights they represent. We will be submitting an answer to the appellate court.”
Does talc cause cancer reddit. Clay Thompson, a lawyer for MRHFM that boasts more than patients with mesothelioma who have filed lawsuits against J&J and J&J, has said that the company’s second bankruptcy try failed.
“J&J issue press releases describing how fantastic the plan is but simultaneously insisting that the details of its plan–including the treatment the individual sick individuals would receive,” Thompson said in the statement. “What is J&J’s plan to conceal?”
Kaplan has directed the parties to create a reorganization plan, under the supervision of two mediators.
The court in February of 2022 Kaplan confirmed J&J’s use of Chapter 11 to hasten a settlement that would release the company from the thousands of lawsuits related to its talcum-based products.
However, 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 in “financial difficulty.”
In the event that J&J’s request to contest the U.S. Supreme Court was turned down at the end of April J&J applied for its first bankruptcy two hours after. In response, Kaplan froze the lawsuits for 60 days in order to determine whether to grant to file for bankruptcy again.
J&J’s unstoppable profit machine sputters after $6.9B cost of litigation involving talc.
With two Chapter 11 attempts, J&J has gotten 19 months of which the cases were on hold. Does talc cause cancer reddit. The company is requesting that claimants vote on accepting their settlement. J&J would need 75% approval for the deal to pass.
Alongside the group of talc attorneys who have panned the bankruptcy of the company as well, the U.S. Trustee, a branch from the U.S. Department of Justice, also filed an application to dismiss LTL’s second bankruptcy.
In a statement this week, U.S. Trustee Andrew R. Vara wrote that the doors of bankruptcy are “open to honest, but naive debtors.” The doors “are not accessible to those that do not have a legitimate purpose or that seek to take advantage of the bankruptcy process to delay or hinder their creditors,” Vara continued.
In its own words, J&J maintains there is no conclusive evidence that its Talc products, which includes the famous baby powder, can cause cancer. J&J has been taking the products of the market–first in North America in 2020–and the remainder of the globe later this year.
J&J seeks to avoid the cost of going to court. It has won the majority of cases that have been resolved in court, however some losses have been punitive.
A highly-publicized trial in Missouri resulted in an $4.7 billion verdict against the drug company, which 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 trial involving talc that are in appeal or resolved. Out of 41 trials 32 of them ended in a win by J&J either through a mistrial or plaintiff verdict that was dismissed on appeal. Does talc cause cancer reddit. The company also in 2020 sought to settle over 1,000 cases for 100 million dollars, Bloomberg announced at that time.
Talcum Baby Powder Ovarian Cancer Lawsuit – Does Talc Cause Cancer Reddit
Our lawyers handle baby powder lawsuits in every state. The lawsuits involving talcum powder against Johnson & Johnson have been ongoing for years. Does talc cause cancer reddit. The lawsuits claim that the long-term use of talcum powder (or “talc”), the active ingredient in products like Baby Powder or Shower to Shower which can cause cancer of the ovary in certain women.
This article provides a J&J Talc Power litigation update and explains how the forthcoming bankruptcy ruling impacts the ultimate settlement amount in the cases of ovarian cancer.
Did the deadline expire for you to bring a talcum lawsuit? Many who believe the statute of limitations has passed to file a lawsuit against Johnson & Johnson are wrong. Call us today at 800-553-8082 or request a free and quick case review online.
Johnson and Johnson Talcum Powder Lawsuit Update 2023 – Does Talc Cause Cancer Reddit
June 2 2023 Update: At the trial for asbestos-containing talc in California yesterday, a couple of technical issues disrupted the opening statements made by defense attorneys. Does talc cause cancer reddit. Jurors watching from home on Zoom however, heard Johnson &Johnson’s lawyer express doubt about the science of the 70s claiming asbestos was present in their product prior to the proceedings abruptly ended.
The plaintiff had the opportunity to introduce an initial witness Arthur Langer. Langer explained that the existence of additional minerals along with the talc’s mineral content is inevitable. He testified that his team advised J&J in the year 1971 about the presence of chrysotile asbestos in the talc manufactured by the company, though with less than 0.1 percent. He also found more asbestos in 1976.
June 1st, 2023 Update Does talc cause cancer reddit. This is the first court trial that has taken place since J&J decided to spin off its Talc division, and then declare bankrupt is an important moment in the ongoing talc lawsuit drama. The trial began on Tuesday in the heartbreaking case of a young, 24-year-old plaintiff who was diagnosed with a rare and aggressive type of mesothelioma earlier this year. which both sides agree is a tragic loss.
Opening statements revealed the stark differences in each side’s narrative. The plaintiff’s attorney took aim on Johnson & Johnson, alleging the use of misleading strategies in its research practices as well as throughout the litigation process. According to the attorney the company attempted to manipulate asbestos’ definition, despite internal documents dating back to 1978 and 1994 showing that fibers discovered in the tissue of the plaintiffs are included.
Johnson &J’s highly uncertain $8.9 billion settlement is hanging in the balance with the course of this trial. Despite the particularity of this mesothelioma lawsuit and the unique issues it faces compared to the majority of talcum powder lawsuits A verdict in favor of the plaintiff could inflict an enormous setback for J&J’s hopes for broad acceptance of their proposed settlement among plaintiffs.
May 31 2023: Update from Johnson & Johnson’s bankrupt talc division vigorously defended their second Chapter 11 filing in the in the face of challenges from injured talc claimants. In an objection submitted to the New Jersey bankruptcy court, it argued that the situation was distinct from the previous filing. It highlighted the extraordinary commitment of $8.9 billion by J&J which is the largest settlement ever in any bankruptcy case that involves mass tort. Does talc cause cancer reddit. There was no mention of how this amount signifies that it’s a fair settlement. J&J also claimed that it received support from numerous plaintiffs’ law firms representing over sixty thousand claimants. This is not easy to confirm but it’s likely to be false.
May 24 2023 Update: In the wake of Johnson &J Johnson’s bankruptcy filing, the first trial concerning its cosmetic talc products that are believed to that contain asbestos is scheduled to start jury selection Monday, California at Alameda County Superior Court, the most favored court for plaintiffs. The plaintiff claims that his mesothelioma resulted from asbestos exposure through J&J’s products, an allegation the company does not deny. The trial also includes six retailers who are accused of selling talc-containing products.
May 22nd, 2023 Update Lawyers involved in the second J&J Talc bankruptcy are currently fighting over who should be appointed to the role of a the claims representative in the future, an important role critical to resolving Talc claims. Does talc cause cancer reddit. Randi Ellis, a lawyer who frequently appears in MDLs throughout the United States was appointed as the claims representative in the first bankruptcy. J&J’s defense team wants Ellis to be appointed to this position and again, but attorneys for the talc plaintiffs are protesting because Ellis has conflicts of interest which would prohibit her from taking on that role once more. The dispute stems from fact that Ellis was reportedly involved in the creation of the hotly contested second bankruptcy, which raises doubts about her capacity to be neutral. The reality is this bankruptcy is likely to be tossed out anyway.
May 17, 2023 Update The pretend company that J&J put together for the talc bankruptcy disclosed to the New Jersey bankruptcy court that they had allocated $400 million to settle claims brought by states accusing J&J of misleading marketing for its talc products. Does talc cause cancer reddit. This amounts to an $8.5 billion settlement for cancer patients. It’s difficult to imagine a scenario where J&J can get these settlements for babies at these numbers. While J&J’s proposed $8.5 billion offer might seem like a lot initially, it does not look good when you do the math. This settlement offer based on our rough calculations – would not offer victims anything more than a median settlement of $100,000 per case. This isn’t enough.
May 15 2023 Update: J&J may be in the middle of a suit from an advocacy group representing cancer patients. Does talc cause cancer reddit. The group argues that J&J deliberately withdrew the $61.5 billion fund-raising agreement with its subsidiary, LTL Management LLC, in order to create a false sense of financial distress and validate the unit’s Chapter 11 bankruptcy filing. The group claims that this move is a fraud transfer of the victims’ compensation rights. They plan to explore J&J’s actions following of the decision to dismiss LTL’s first bankruptcy case.
May 10, 2023 Update: Next week this 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 it has approved an Order calling for both parties to participate in a new settlement negotiation in the hope that a global settlement deal can been reached.
May 5 2023 Update: The talc manufacturer Whittaker, Clark & Daniels filed for Chapter 11 bankruptcy due to numerous lawsuits alleging that its Talc products caused cancer from asbestos exposure. Does talc cause cancer reddit. More than 2700 people have filed lawsuits against the firm and it is spending $1 million a month on legal defense. The company’s recent $29 million settlement in South Carolina forced it to apply for bankruptcy protection and argue for an equitable distribution of assets 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 the litigation.
May 4, 2023 Update: U.S. Court of Bankruptcy Michael Kaplan has directed Johnson & Johnson to resume talks with lawyers who turned down Johnson & Johnson’s $8.9 billion offer for settlement. The court in Trenton, New Jersey yesterday, the parties appeared in court to discuss the next steps for this second case of bankruptcy. Judge Kaplan encouraged further settlement talks.
This is the solution to resolve the claims of J&J. The baby powder settlement is likely to be achieved. Does talc cause cancer reddit. However, it will require more money – billions of dollars – by Johnson & Johnson.
Lawyers are divided on whether to accept the proposal and not all clients view this issue the same way their lawyer does. This second case of bankruptcy is bound to fail as Judge Kaplan has set a date for a hearing in June to decide if he will close the case for the third time.
May 3, 2023 Update: A group representing cancer victims suing Johnson & Johnson (J&J) asked an order from the 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 the claimants submitted a motion on Tuesday, asking to the Third Circuit to consider their case and then send it back the lower court, with instructions for dismissing the bankruptcy. Does talc cause cancer reddit. The committee also requested that the halted tort litigation against J&J allow the litigation to continue.
LTL applied for Chapter 11 protection once again following its bankruptcy filing that was denied in the Third Circuit earlier this year and offered a $8.9 billion settlement. The committee argues that the recent ruling allowing LTL’s second Chapter 11 to continue, while also halting trials against J&J and J&J, requires the immediate Third Circuit review. The US Trustee has also requested an 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 intends to file a statement in the appeals court declaring the filing an “desperate and legally inadequate move” by a select group of law firms that have conflicting financial interests.
May 1st, 2023 Update: One question people keep asking is how could plaintiffs and their lawyers turn around $8.9 billion. Of course, it’s a lot of money. But there are a lot of victims. Does talc cause cancer reddit. These are an excellent cases for plaintiffs. We were reminded of this recently in two talc trials which have resulted in huge verdicts for plaintiffs. In February mesothelioma cases, a talcum powder trial in Oregon resulted in the verdict worth $18.1 million. A month later, another talc mesothelioma case went to trial in South Carolina and resulted in an award of $29 million for the plaintiff. Both cases were defended by Whittaker, Clark & Daniels Inc., one of the largest suppliers of talc in the U.S.
April 30, 2023 Update: When J&J first tried to bring the litigation over talcum powder into bankruptcy, it did so with an offer to set aside $2 billion to settle the case. The amount was absurdly low. There was no one among the talc victims who were in favor of it. However, this time, J&J has increased the offer to $8.9 for talc-related plaintiffs if they accept a bankruptcy settlement and they have the support of a large portion of the talc plaintiffs as well as their lawyers. Does talc cause cancer reddit. But with 75% of talc plaintiffs, which is necessary for bankruptcy plan approval is not an easy task since there are so many lawyers with massive inventory of baby powder lawsuits that are opposed in favor of the deal.
What could solve the impasse? More billions.
April 25, 2023 update: Talc Cancer victims have asked a judge to dismiss the Chapter 11 case filed by LTL Management LLC, a absurdly made-up Johnson & Johnson subsidiary, declaring that the company isn’t financially distressed. LTL applied for Chapter 11 to settle tens of thousands of claims that J&J’s baby products caused cancer. Does talc cause cancer reddit. In the end, however, the 3rd Circuit dismissed its first Chapter 11 case in January, saying LTL was not a candidate for bankruptcy relief because it was unable to demonstrate financial distress.
The claimants argue that the 2nd Chapter 11 case is an abuse of the bankruptcy system, and that it is being pursued in bad good faith. J&J states that the bankruptcy settlement receives “significant support” from the firms that represent approximately 60,000 people who are claiming. It’s fair to say that the plaintiffs’ attorneys and victims ‘ lawyers are not united over their disagreement over the $8.9 billion amount of settlement offered.
April 21st, 2023 Update A bankruptcy judge has ruled that Johnson & Johnson must face new lawsuits alleging 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 will begin preparing their cases. Does talc cause cancer reddit. Judges expressed doubt about J&J’s attempt to revive its strategy with the second bankruptcy case.
April 13th, 2023: Update on the big announcement is an $8.9 billion over the next 25 year period settlement offered. Lawyers representing cancer patients who are part of the MDL collective action pledged to challenge the settlement the talc claimants. Why? They feel it’s not enough money for 70 000 cancer patients. Does talc cause cancer reddit. They argue that J&J could negotiate a greater settlement or pursue individuals’ claims if the current bankruptcy is declared unconstitutional.
However, there is a second group of lawyers outside of the leadership of this class action. These lawyers have amassed tens of thousands of cases. This group wants to settle today for what many argue is less than the victims deserve. The argument they make is twofold. First, they argue that the settlement – about 100,000 dollars per plaintiff – is fair.
That is a hard argument to prove. But their second argument has more force: the victims can now not wait and they want the money immediately.
April 12 2023 Update: Many are wondering if J&J can file for bankruptcy once more. The answer is complicated and complex. But let’s try to explain it in simple terms.
Johnson & Johnson asserts that bankruptcy is the only method to resolve both current and future lawsuits involving talc conclusively. That is, it believes that it will be less expensive should there be a bankruptcy element that creates pressure to negotiate a settlement. Does talc cause cancer reddit. In a quest to cover hundreds of years of American past, the company argues that bankruptcy benefits all parties by distributing settlement payments more evenly and more efficiently than trial courts where some litigants receive significant awards while others receive nothing.
The basic tenet of the 3rd Circuit decision was this is not a case of one that makes a profit, but an affiliate to accept the legal risk and declare bankruptcy – something Congress had in mind when it came to drafting the Bankruptcy Code. However, the court also ruled the company was financially difficulty due to the fact that J&J promises unlimited funding.
This is why J&J jumped on the unlimited funding part of the contract and didn’t make any promises to provide unlimited funding for litigation. J&J claims that its updated financing arrangements with its subsidiary will address appeals court’s concerns while still offering claim payment funds. It’s as if giving victims lesser money could solve the underlying issue.
Lawyers representing cancer victims who are against the agreement argue this with what you conclude is the legal argument. Does talc cause cancer reddit. They counter with legal absurdity: J&J fraudulently transferred $50 billion of assets away from LTL Management to circumvent the appeals court’s decision. Hyperbole was not spared the lawyers representing victims call this the biggest “fraudulent deal 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 to try and push the $8.9 billion settlement, and to keep pressure on plaintiffs.
April 10, 2023 update: Bloomberg has an interesting 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. Litigation funders Virage Capital Management and TRGP Capital invested in hundreds of lawsuits from Johnson & Johnson (J&J) over talc products in exchange for a portion of any settlements. J&J is now willing to pay $8.9 billion to settle lawsuits.
The involvement of funders is public knowledge due to a New Jersey court rule requiring the disclosure of certain information about funders outside the state. The law is designed 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 for mass tort lawsuits has both pros and cons. But there is no question that we are witnessing the ways that third-party funding can even the playing field between people and big companies 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 it was found that the Third Circuit denied J&J’s request to continue the automatic stay in the meantime that J&J appeals an order granting bankruptcy to the U.S. Supreme Court. The automatic stay has froze hundreds of cases involving talcum powder and stopped any the filing of new lawsuits ever since J&J launched the controversial attempt to spin the talc liabilities into a bankrupt subsidiary over one year back. Does talc cause cancer reddit. When the 3rd Circuit ruled that this bankruptcy was insufficient a few months ago, the stay was lifted. J&J had hoped to have it remain in effect until hearing the SCOTUS appeal. However, 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 of the Supreme Court is willing even to consider the appeal? Low.
March 16 2023 Update: with the bankruptcy stay having been officially lifted, the first new cases have been filed and transferred into the talcum powder class action MDL in just over a year. Seven new talc-related lawsuits were joined to the MDL during the month of March increasing the number of pending cases up to 37,522.
February 25, 2023 Update This morning, a Congressmen from Tennessee is now demanding that The U.S. Government Accountability Office (GAO) start an investigation into the cost J&J Talc products have cost the government in the many years.
Recently, in an open letter addressed to the GAO, Rep. Steven Cohen (D-Ten.) in a recent letter to the GAO, Rep. Steven Cohen (D-Ten. J&J of not recognizing the risks of its talc products over decades while tax dollars were used to treat those who were injured through exposure to the product. The lawsuit comes just a few weeks after J&J’s major loss in the 3rd Circuit Court of Appeals.
Does talc cause cancer reddit. J&J must begin making reasonable settlement proposals for victims in order getting this behind. It is a stain on one of the most prestigious companies.
February 14 2023 Update: During the hearing held today in New Jersey, U.S. Bankruptcy Judge Michael Kaplan announced his intention in light of the 3rd U.S. Circuit Court of Appeals ruling to dismiss the bankruptcy case.
You May be Entitled to Significant Compensation Does talc cause cancer reddit. 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!