Judge Michael Kaplan says he is skeptical this new bankruptcy plan, which includes a settlement proposal for all talcum powder lawsuits, will withstand a likely challenge by plaintiffs.
The entire plaintiffs' steering committee representing women pursuing talcum powder lawsuits filed in the federal court system have rejected the proposal.
Johnson & Johnson talcum powder settlement fund was proposed on the same day a bankruptcy judge lifted a stay that was preventing tens of thousands of cancer claims from moving forward
Plaintiffs say there is little chance the Supreme Court will overturn the appeals court's decision to dismiss Johnson & Johnson's talc bankruptcy scheme.
Johnson & Johnson says it will attempt to have the Supreme Court overturn the decision that blocked its talcum powder bankruptcy scheme.
A member of the U.S. House of Representatives says Johnson & Johnson knew its talcum powder products caused asbestos injuries and cancer since the 1970s
Following a lengthy bankruptcy stay that has prevented litigation from moving forward, a federal judge has cleared the way for a talcum powder cancer lawsuit brought by a terminally ill man to go to trial in California
Following retirement of the original talcum powder MDL judge, the U.S. JPML has appointed U.S. District Judge Michael Shipp to oversee proceedings as active litigation gets back underway in thousands of cases
This is the second major ruling against corporations trying to use a controversial legal strategy to avoid massive product liability costs.
One of the lead attorneys now pursuing talcum powder cancer lawsuits in the U.K. won a $2.1 billion verdict for 22 U.S. women diagnosed with ovarian cancer.
