A US judge halted most of the tens of thousands of lawsuits alleging Johnson & Johnson's baby powder and other talc products caused cancer and stopped any trials as part of a company subsidiary's second attempt to settle cases in bankruptcy proceedings.
U.S. Bankruptcy Judge Michael Kaplan put most of the litigation temporarily on hold during a hearing in Trenton, New Jersey. The decision, for the most part, granted a request from J&J to freeze cases while it attempts to reach a permanent settlement with current plaintiffs that would also set aside money for future lawsuits.
"I have more questions than answers," Kaplan said during Thursday's court hearing, referring to arguments made to him about the second bankruptcy case earlier this week. Leigh O'Dell, one of the lead lawyers for plaintiffs in cases consolidated in the New Jersey federal court, said prohibiting trials limits pressure on J&J.
In January, the 3rd U.S. Circuit Court of Appeals in Philadelphia invalidated LTL's bankruptcy filing. Kaplan dismissed the bankruptcy earlier this month, only for LTL to file for Chapter 11 again in his court about two hours later.Talc plaintiffs opposing J&J's proposed settlement plan to file a motion to dismiss the second bankruptcy filing, one of their lawyers said in court on Tuesday.
"Undoubtedly, the debtor has an uphill battle," Kaplan said, referring to LTL's settlement and reorganization prospects.
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