J&J Subsidiary Will Separately Mediate States’ Talc Claims in Bankruptcy, Judge Says

Posted on Posted in Talcum Powder Cancer Link

40 states sought to participate in ongoing mediation with cancer plaintiffs States said their consumer protection claims could be worth trillions of dollars A new mediator will be appointed by May 24 (Reuters) – U.S. states that claim that Johnson & Johnson violated consumer protection laws should mediate their dispute with a unit of the […]

J&J’s Controversial Prison Testing Resurfaces in Baby Powder Lawsuits

Posted on Posted in Talcum Powder Cancer Link

The company funded experiments on mostly Black men comparing the effects of talc and asbestos on their skin. Johnson & Johnson headquarters in New Brunswick, New Jersey.Photographer: Mark Kauzlarich/Bloomberg By  Jef Feeley     March 7, 2022, 7:00 AM PSTUpdated onMarch 7, 2022, 10:30 AM PST More than 50 years ago, nearly a dozen men […]

J&J Wins Fight to Resolve Talc Lawsuits in Bankruptcy Court

Posted on Posted in Talcum Powder Cancer Link

Feb 25 (Reuters) – A U.S. judge ruled on Friday that a Johnson & Johnson (JNJ.N) subsidiary can remain in bankruptcy, preventing plaintiffs from pursuing 38,000 lawsuits against the company alleging its baby powder and other talc products cause cancer. J&J’s stock rose more than 5%, its biggest one-day gain since the start of the pandemic in […]

Durbin: Johnson & Johnson Is Avoiding Accountability To Customers Who Got Cancer

Posted on Posted in Talcum Powder Cancer Link

WASHINGTON – U.S. Senate Majority Whip Dick Durbin (D-IL), Chair of the Senate Judiciary Committee, delivered remarks at the Subcommittee on Federal Courts, Oversight, Agency Action, and Federal Rights hearing on “Abusing Chapter 11: Corporate Efforts to Side-Step Accountability Through Bankruptcy.”  During his remarks, Durbin called out Johnson & Johnson for using a corporate bankruptcy […]

J&J tried to worm its way out of paying $3.5BN to victims of cancer-causing baby talc by forming a new company and declaring BANKRUPTCY and then tried to GAG journalists from reporting it

Posted on Posted in Talcum Powder Cancer Link

J&J secretly launched ‘Project Plato’ last year to shift liability from about 38,000 pending Baby Powder talc lawsuits to a newly created subsidiary The subsidiary company, LTL, was then put into bankruptcy in October in order for J&J to limit its financial exposure to the lawsuits  Company said it placed LTL into bankruptcy to settle those claims rather […]

Bankruptcy Experts Join Call to Dismiss J&J Talc Chapter 11

Posted on Posted in Talcum Powder Cancer Link

(Reuters) – A group of bankruptcy law professors are looking to weigh in on Johnson & Johnson’s use of the bankruptcy system to settle lawsuits alleging that its talc products cause cancer, calling the strategy a “serious abuse.” The group filed court papers on Tuesday seeking approval to submit a “friend of the court” brief in support […]

U.S. judge tosses $4.5 bln deal shielding Sacklers from opioid lawsuits

Posted on Posted in Opioids

NEW YORK, Dec 16 (Reuters) – A federal judge overturned a roughly $4.5 billion settlement that legally shielded members of the Sackler family who stand accused of helping fuel the U.S. opioid epidemic, a decision that threatened to upend the bankruptcy reorganization of their company, OxyContin maker Purdue Pharma LP. U.S. District Judge Colleen McMahon […]

J&J Talc Claimants Vow To End Unit’s ‘Bad Faith’ Ch. 11 Case

Posted on Posted in Talcum Powder Cancer Link

Law360 (November 22, 2021, 6:59 PM EST) — Cancer patients seeking to hold Johnson & Johnson liable for asbestos-tainted talcum powder plan to fight a “bad faith” Chapter 11 case they say was launched solely to stave off about 38,000 lawsuits, a New Jersey bankruptcy court heard Monday. During a conference in the Chapter 11 case […]