{"id":2511,"date":"2024-09-05T21:45:43","date_gmt":"2024-09-05T21:45:43","guid":{"rendered":"https:\/\/usatrustedlawyers.com\/blog\/did-johnson-johnsons-proposed-8b-talc-bankruptcy-plan-just-jump-to-9-1b\/"},"modified":"2024-09-05T21:45:43","modified_gmt":"2024-09-05T21:45:43","slug":"did-johnson-johnsons-proposed-8b-talc-bankruptcy-plan-just-jump-to-9-1b","status":"publish","type":"post","link":"https:\/\/usatrustedlawyers.com\/blog\/did-johnson-johnsons-proposed-8b-talc-bankruptcy-plan-just-jump-to-9-1b\/","title":{"rendered":"Did Johnson &#038; Johnson&#8217;s Proposed $8B Talc Bankruptcy Plan Just Jump to $9.1B?"},"content":{"rendered":"\n<div>\n<p>More than a decade after taking on Johnson &amp; Johnson with the first trial linking baby powder to ovarian cancer, attorney Allen Smith has signed off on a proposed bankruptcy plan after negotiating for an additional $1 billion.<\/p>\n<p>Smith, of the Smith Law Firm in Ridgeland, Mississippi, said he would recommend the plan to his 12,000 talc clients. Despite opposing Johnson &amp; Johnson\u2019s prior bankruptcies, both of which were dismissed, Smith said he negotiated adding another $500,000 to an initial $6.48 billion for current talc claimants. And Johnson &amp; Johnson also increased the plan\u2019s total value, when including future talc claimants, to $9.1 billion from $8 billion, Smith said.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>More than a decade after taking on Johnson &amp; Johnson with the first trial linking baby powder to ovarian cancer, attorney Allen Smith has signed off on a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2512,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[3314,128,705,1883,3300,743,2100,625],"class_list":["post-2511","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-lawyers","tag-9-1b","tag-bankruptcy","tag-johnson","tag-johnsons","tag-jump","tag-plan","tag-proposed","tag-talc"],"_links":{"self":[{"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/posts\/2511","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/comments?post=2511"}],"version-history":[{"count":0,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/posts\/2511\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/media\/2512"}],"wp:attachment":[{"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/media?parent=2511"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/categories?post=2511"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/tags?post=2511"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}