You may have seen the television ads by law firms seeking clients with asbestos illness or mesothelioma. The culprit appears to be talcum powder.
Facing nearly 15,000 claims, the talcum provider to Johnson & Johnson for its baby powder has now filed Chapter 11. The filing by Imerys Talc America Inc. stops all the litigation against the mining company. Instead, Imerys will now likely begin negotiating payouts without the cost of litigation.