Johnson & Johnson Increases Talcum Powder Settlement Offer by $1.1B: Reuters
Deal to settle talcum powder cancer lawsuits through bankruptcy still faces stiff opposition from many plaintiffs and their attorneys.
Deal to settle talcum powder cancer lawsuits through bankruptcy still faces stiff opposition from many plaintiffs and their attorneys.
Baby Powder manufacturer claims it would be impossible to meet demands of medical monitoring for all talcum powder users to detect development of future cancers as early as possible.
Jury added $30 million in punitive damages against Johnson & Johnson, to punish the corporation for recklessly endangering the safety of consumers.
"Legacy talc liabilities" have led to Avon deciding to seek Chapter 11 bankruptcy for all of its U.S. holdings.
Controversial attempt to force talcum powder lawsuits through bankruptcy vote has faced stiff opposition, arguing large numbers of unsupportable claims were given equal voice to those who have been litigating cases for years.
Johnson & Johnson indicates it will appeal the talcum powder bankruptcy ruling to the U.S. Supreme Court, while continuing with a third attempted filing
Former janitor indicates Avon failed to warn about the mesothelioma risks from asbestos exposure while working at a cosmetics facility in Chicago.
Baby Powder cancer settlement will create a $280 million trust to be used to resolve personal injury claims against the two talc suppliers.
IARC finds talc "exhibits key characteristics of carcinogens in human primary cells" that increases the risk of ovarian cancer.
Although two prior bankruptcy attempts by Johnson & Johnson's talcum powder subsidiary were dismissed, the Court determined that it cannot pre-emptively block a third filing based on future potential harm to plaintiffs.