NORTH BRUNSWICK, NJ-- On July 27, 2026, Johnson & Johnson announced a proposed $5.5 billion resolution of approximately 76,000 remaining lawsuits alleging that its talc-based products, including Johnson’s Baby Powder, caused ovarian cancer. The agreement covers claims pending in the…
Category: Talcum Powder
Johnson & Johnson Announces Third Bankruptcy Attempt
May 1, 2024— After two failed attempts for bankruptcy protection, Johnson & Johnson has announced it is yet again preparing for a third attempt. J&J announced their plan to resolve up to 100,000 ovarian cancer claims through bankruptcy with a…
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UPDATE: Johnson & Johnson Talc Litigation
After two failed attempts for bankruptcy protection, Johnson & Johnson faces at least 51,300 cases due to talc-related cancer claims. Earlier this year, Chris Schott, a JPMorgan Chase & Co. analyst, estimated J&J’s total talc liability at between $8 billion and $10 billion.…
UPDATE: Judge Rejects J&J’s Second Attempt at Bankruptcy
U.S. Bankruptcy Judge Michael Kaplan ruled against Johnson and Johnson’s talc subsidiary, LTL, and dismissed their second attempt at bankruptcy. Judge Kaplan determined that LTL did not demonstrate sufficient financial distress to qualify for the protections offered by Chapter 11…
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UPDATE: J&J’s Second Attempt at Bankruptcy and Proposed $8.9 Billion Talc Settlement
Johnson and Johnson’s first bankruptcy filing for its talc subsidiary, LTL, was dismissed, and their petition for rehearing en banc was denied by the the Third Circuit Court of Appeals. Despite this landmark ruling, J&J is again seeking Chapter 11…
Read More UPDATE: J&J’s Second Attempt at Bankruptcy and Proposed $8.9 Billion Talc Settlement
Third U.S. Circuit Court of Appeals Rejects J&J’s “Texas Two-Step” Strategy
On January 30, 2023, the Third Circuit Court of Appeals rejected Johnson & Johnson’s (“J&J”) use of the “Texas Two-Step” bankruptcy strategy. The unanimous decision is a sharp rebuke of the emerging litigation trend in which companies facing significant mass…
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Johnson & Johnson’s Talc Bankruptcy has been Appealed to the Third Circuit
Earlier last year, Johnson & Johnson (“J&J”) created a subsidiary, LTL Management (“LTL”), which now holds all talcum powder liabilities, while only holding $2 billion in assets. The assets allocated to LTL are miniscule in comparison to the estimated $450…
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Johnson & Johnson Considers Bankruptcy Amidst Talcum Powder Suits
(Reuters) —Johnson & Johnson faces over 20,000 lawsuits from women who used the company’s baby powder product and developed ovarian cancer. Amidst these thousands of suits, Reuters reported that several sources familiar with the pending litigation have confirmed J&J is…
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