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J & J’s famous baby powder can cause cancer

J & J’s famous baby powder can cause cancer

A case involving the multinational corporation Johnson & Johnson (J&J) has been a topic of discussion in the global media. When the company was accused of maintaining carcinogenic talcum powder, it tried to share responsibilities in court. In order not to have to bear the damages of thousands of consumers who claim to have developed cancer after using the product, the multinational corporation attempted to order one of its subsidiaries to go bankrupt.

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The US Court of Justice did not accept this action, and soon they forced J&J to pay about 9 billion US dollars to bear thousands of dollars judicial procedures that they faced against multinational corporations. According to information revealed by the company itself, about 60,000 people have agreed to the agreement.

Filing for bankruptcy without a financial crisis

As indicated in the court decision, J&J attempted to file for bankruptcy its subsidiary LTL Management, but it was denied, since no financial crisis was proven. Thus, the two-stage ordinance request strategy was seen as an attempt to transfer responsibility for talc to LTL management.

after refusing a request bankruptcyThe subsidiary sought other alternatives. This Tuesday, the fourth, the company filed a judicial recovery request, stating that it will submit a plan by agreement to the judge by May 14th. The agreement indicated an amount of $8.9 billion to be paid to the 60,000 people who filed a lawsuit against the multinational.

Talc causes cancer

The rendition of the new show from J&J was accompanied by the victims’ attorney, Mikael Watts. In the first settlement proposal, the company offered to pay US$2 billion; However, after the bankruptcy application was denied, the value increased.

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According to the lawyer, the payment will be allocated to current and future defendants, who claim to have suffered from various types of cancer, such as gynecological diseases and even mesothelioma, but J&J has stated that its products are safe and do not cause any type of cancer. illness.

Finally, the professionals who advocate for the company at justice Make it clear that the accusation about the product needs to be scientifically proven. In addition, they also argued that the defendants’ lawyers are looking for clients to be able to increase the amount of millionaire compensation to the company.