Legal-Bay Responds to Latest Talc Litigation Ruling; Settlement Still in Sight Despite Bankruptcy Blow

Leading pre settlement firm still offering funding to plaintiffs despite judge's latest ruling.

TRENTON, N.J., June 19, 2025 /PRNewswire/ -- Legal-Bay Pre-Settlement Funding, a leading source of lawsuit cash advances for mass tort plaintiffs, is responding to the recent court decision striking down Johnson & Johnson's bankruptcy strategy regarding its talcum powder litigation. While the judge's ruling puts J&J's proposed $6.5 billion bankruptcy plan in jeopardy, sources close to the case tell Legal-Bay that all parties remain committed to reaching a global resolution in what may still become one of the largest product liability settlements in U.S. history.

J&J's attempts to declare bankruptcy in order to avoid payouts have repeatedly been challenged, and now with this most recent ruling, thousands of plaintiffs are once again left waiting as their path to settlement grows even more complex.

Chris Janish, CEO of Legal-Bay, says, "While this ruling complicates J&J's ability to push through a fast-tracked deal, we're hearing from reliable legal sources that negotiations for a landmark settlement are still active behind the scenes. We remain committed to helping victims and their families bridge the financial gap as they wait for justice to be served."

If you need help finding a lawyer or if you're already the plaintiff in an existing Johnson & Johnson talc lawsuit and need an immediate cash advance against your anticipated settlement award, contact Legal Bay HERE or call: 877.571.0405.

Legal-Bay Presettlement Lawsuit Funding understands the devastating toll these delays are taking on victims and their families. Tragically, many plaintiffs suffering from ovarian cancer or mesothelioma have already passed away without ever receiving compensation. In response, Legal-Bay continues to offer pre-settlement funding for qualified claimants, provided that an estate has been established for the deceased individual.

Legal-Bay offers immediate cash advances to plaintiffs in their talc litigation and can also assist claimants in locating an attorney if they are not yet represented. Any clients that already have an active lawsuit and need immediate cash can simply apply for settlement funding right now.

The non-recourse legal funding—sometimes referred to as loans on lawsuit or loans on lawsuits—are risk-free, as the money doesn't need to be repaid should the recipient lose their case. Therefore, the lawsuit funding isn't really a loan, but rather a cash advance. Legal-Bay funds all types of cases including personal injury, medical malpractice, mass tort or commercial litigation, and many more.

To apply right now, please visit the company's website HERE or call toll-free at: 877.571.0405 where agents are standing by.

SOURCE Legal-Bay, LLC