Talcum Powder Lawsuit Liabilities Force Avon to File for Bankruptcy
"Legacy talc liabilities" have led to Avon deciding to seek Chapter 11 bankruptcy for all of its U.S. holdings.
"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.
Women who used Johnson's Baby Powder on their genitals now live in fear of developing ovarian cancer, according to the class action lawsuit seeking medical monitoring for future diagnoses
Talcum powder settlement with state governments still leaves about 60,000 lawsuits pending against Johnson & Johnson, involving claims brought by users who developed ovarian cancer and other injuries
Verdict comes as Johnson & Johnson continues to push a $6.5 billion Baby Powder settlement proposal, which seeks to force the resolution of similar ovarian cancer lawsuits through the U.S. Bankruptcy system