Brian Glasser Featured in Bloomberg Law Article About Red River Talc Bankruptcy

Brian Glasser is quoted in a Bloomberg Law article about challenges certain law firms representing talc claimants are facing since Johnson & Johnson lost its third attempt to dispose of 90,000 claims in bankruptcy using the controversial “Texas Two Step” procedure.

As noted in the article, “[a]fter its first two bankruptcy efforts collapsed under court scrutiny, J&J retooled its approach by inking agreements with a growing network of plaintiffs’ firms. In a final run at the Two-Step strategy last year, newly created subsidiary Red River Talc LLC filed for bankruptcy in Houston proclaiming more than 80% of claimants were backing a Chapter 11 plan.” Because the third bankruptcy failed, firms representing thousands of potential claimants are now required to file individual lawsuits on behalf of their clients by mid-June 2025.

Mr. Glasser co-led a trial team that challenged J&J’s third bankruptcy filing in a two-week trial before the U.S. Bankruptcy Court in Houston in February 2025, representing the Coalition of Counsel for Justice for Talc Claimants, which included thousands of women injured by J&J’s talc products, some of whom died in the months before the matter was tried. These claimants did not wish to have their claims handled by the bankruptcy court, instead preferring their cases be presented to a jury of their peers as guaranteed by the U.S. Constitution.

On March 31, 2025, in a 57-page opinion, the federal bankruptcy court ruled that the totality of the record required dismissal, including noting that the record included prepetition voting and solicitation irregularities and an unreasonably short voting time for thousands of creditors. The Court also noted that “There is no real company or jobs to save here. This case is about whether voters will accept a deal.”

To read the full Bloomberg Law article, visit this link. 

To learn more about Bailey Glasser’s victory in the Red River Talc matter, visit this webpage.