• Published On: January 10, 2025Categories: Talcum PowderBy

    The upcoming bankruptcy hearing on February 18, 2025, will be crucial in determining whether Johnson & Johnson's proposed $10 billion bankruptcy plan can move forward. The company is using a controversial legal strategy called the Texas two-step, which aims to limit its liability for cancer claims while protecting its financial interests.  Some victims support this [...]

  • Published On: January 10, 2025Categories: Talcum PowderBy

    As of December 3, 2024, the bankruptcy judge has decided to keep the baby powder lawsuits against Johnson & Johnson on hold until mid-March. This delay provides the company time to continue pursuing its bankruptcy strategy, which aims to resolve tens of thousands of injury claims permanently.  During a recent hearing, the judge ruled against [...]

  • Published On: January 10, 2025Categories: Talcum PowderBy

    On November 14, 2024, the U.S. Department of Justice, through the U.S. Trustee, raised objections to Johnson & Johnson's choice of Jones Day as counsel for its subsidiary, Red River Talc LLC, in its bankruptcy case. The objection was based on a potential conflict of interest, as Jones Day was instrumental in developing the controversial [...]

  • Published On: January 10, 2025Categories: Talcum PowderBy

    In January 2025, a federal judge in Houston will decide whether to approve Johnson & Johnson’s bankruptcy plan, which aims to efficiently resolve the ongoing claims after previous failed attempts in New Jersey. Many plaintiffs are growing increasingly frustrated with the prolonged process.