Johnson & Johnson Announces Plan by its Subsidiary, LLT Management LLC, to Resolve All Current and Future Ovarian Cancer Talc Claims Through a Consensual “Prepackaged” Reorganization
“The Plan is the culmination of our consensual resolution strategy that we announced last October,” said Erik Haas, Worldwide Vice President of Litigation, Johnson & Johnson.
- “The Plan is the culmination of our consensual resolution strategy that we announced last October,” said Erik Haas, Worldwide Vice President of Litigation, Johnson & Johnson.
- The remaining pending personal injury lawsuits relate to mesothelioma and will be addressed outside of the Plan.
- The State consumer protection claims will also be addressed outside the Plan; the Company already has agreements in principle to do so.
- In light of those risks, counsel representing the overwhelming majority of current ovarian claimants assisted in the development and support the Plan.