J&J’s Failed Talc Bankruptcy Puts Some Mass Tort Firms in Bind

J&J’s failure to resolve mass tort talc litigation through the US bankruptcy system wasn’t just a setback for the health-care giant, but also a costly blow for plaintiffs’ lawyers who got behind the effort and now have until mid-June to file about 30,000 suits in civil court — something Steve Nober, president and CEO of Consumer Attorney Marketing Group, a mass tort marketing firm that also works with litigation funders, said would be a “nightmare” on a the financing side.