More than 60 Law Firms Oppose J&J Prepack Bankruptcy Scheme

TRENTON, N.J. (June 20, 2024) - Some of the nation’s largest law firms recognized for their committed and successful representation of individuals harmed by dangerous products have announced unified opposition to a plan by Johnson & Johnson to seek a prepackaged bankruptcy to address claims brought by ovarian cancer victims. Two previous bankruptcy filings by the company, which has a market value of more than $350 billion, have been denied by federal courts in New Jersey where J&J is headquartered.

The company recently announced a solicitation of plaintiffs to approve a $6.5 billion settlement for all current and future ovarian cancer claims, to be filed in an unspecified federal court in Texas. Under the bankruptcy code, the plan would require a 75% supermajority of claimants to be considered for approval by the court.

"Despite the hoped-for chilling effect of J&J’s outrageous and boundless bullying tactics – attacking courts, juries, lawyers, the press, and even cancer victims – the number of lawyers willing to courageously stand up to J&J on behalf of cancer victims is inspiring,” says Andy Birchfield of the Beasley Allen Law Firm.  “We must make a stand and we must not flinch or back down.”

Attorneys in opposition believe that the plan represents a dangerous precedent that could allow other large, financially solvent corporations to evade mass tort litigation.

“While this fight is about cancer victims who for decades were knowingly exposed to asbestos in talc products, the stakes are even higher for the very fabric of our civil justice system,” says Mike Papantonio of Levin Papantonio. “Allowing this plan to move forward opens the door for any company to use bankruptcy as a shield against accountability and denies the constitutional rights of individuals to a trial before a jury of their peers.”

“We hope that other law firms recognize that this plan doesn’t come close to providing adequate compensation to those who have faced hundreds of thousands of dollars in medical expenses and lost wages solely through the use of a product they trusted,” says Michelle Parfitt at Ashcraft & Gerel

“Thousands of women have died while J&J has played a waiting game, and this plan is just another example of that strategy. We stand united and ready to gain resolution outside of bankruptcy and will stand firm until we get there,” adds Leigh O’Dell of Beasley Allen. 

The following is a current and growing list of law firms that are advising clients to oppose this third bankruptcy attempt by J&J.

The Levin Papantonio law firm has been representing injured people across the globe since 1955. The firm has gained national recognition as one of the most successful personal injury firms in the world and has been featured on CNN, NBC, ABC, CBS, and Fox, as well as in Wall Street Journal, New York Times, Time Magazine, Forbes, and National Law Journal.

Levin Papantonio attorneys handle lawsuits throughout the country involving prescription drugs, medical devices, medical malpractice, car accidents, and business litigation. Levin Papantonio has earned over $40 billion in jury verdicts and settlements, litigating against some of the largest corporations in the world.

For questions about the firm’s legal practice, call 1 (800) 277-1193.

Since 1979, Beasley Allen has dedicated itself to the mission of “helping those who need it most.” We have secured verdicts and settlements amounting to billions of dollars, championing justice in complex plaintiff litigation across the nation. Our team of skilled attorneys, supported by a robust staff, has fought for thousands of clients to obtain the justice they deserve. To learn more about our firm’s impact and services, please visit our website at www.BeasleyAllen.com.