Celotex Corp Asbestos Trust Fund
Asbestos Trust Funds Claims and Mesothelioma
Celotex Corp Asbestos Trust Fund
In response to the surge of asbestos-related lawsuits, Celotex Corporation, a notable industrial entity, established the Celotex Corp Asbestos Trust Fund to address its asbestos-related liabilities. Initiated during the company’s bankruptcy proceedings, the trust fund allocates a significant portion of its assets to compensate individuals harmed by Celotex Corp’s asbestos products. Since its inception in [year], the trust has been dedicated to providing fair and equitable compensation to victims of asbestos exposure and associated illnesses.
Occupational exposure to asbestos was widespread due to Celotex Corp’s extensive use of asbestos-containing materials in various industrial applications. Workers in occupations such as construction workers, pipefitters, electricians, and insulation installers were at particularly high risk of exposure. Celotex Corp’s products, including insulation materials, pipes, electrical components, and construction materials, were utilized in numerous industries, leading to significant asbestos exposure among workers and, in some cases, the general public.
The Celotex Corp Asbestos Trust Fund, overseen by a dedicated team of trustees and managed by a reputable trust management firm, is committed to ensuring that eligible individuals receive compensation based on the severity of their injuries and other relevant factors. Through transparent guidelines and meticulous review procedures, the trust upholds accountability and integrity in administering compensation to victims and their families.
Key Figures:
- Founded: [Year]
- Assets: Approximately $XX million
- Payouts: Over $XX million to date
- Average Compensation: Ranges from $XX,000 to $XX,000, depending on the extent of injuries.
- Evaluation: Claims meticulously reviewed for fairness
- Accountability: Adheres to established guidelines and regulations
- Support: Assists victims and families throughout the process
- Viability: Focuses on financial stability and sustainability
Additional Information:
- Website: www.celotexasbestostrust.com
- Managed By: Trust Management Solutions, LLC
- Purpose: Compensate those harmed by Celotex Corp’s asbestos products
- History: Established to address asbestos-related liabilities
- Claims Process: Open to victims, with specific eligibility criteria
- Compensation: Determined based on injury severity
- Transparency: Detailed guidelines available online
- Administration: Manages claim submissions, reviews, and distributions
- Mission: Fairly compensate victims while ensuring trust sustainability.
Global Asbestos Disaster Study Estimates More than 39,000 USA Deaths Annually from Asbestos-Related Diseases.
Specifically, asbestos contributes to 34,270 lung cancer deaths, 3,161 mesothelioma deaths, 787 ovarian cancer deaths, 443 larynx cancer deaths and 613 chronic asbestosis death. Source: www.adao.us
Frequently Asked Questions about Celotex Corp Asbestos Trust Fund, Asbestos Exposure, and Mesothelioma Lawsuits
1. What is the Celotex Corp Asbestos Trust Fund?
The Celotex Corp Asbestos Trust Fund was established to address asbestos-related liabilities resulting from Celotex Corporation’s use of asbestos in its products. It provides compensation to individuals suffering from asbestos-related diseases due to exposure to Celotex Corp’s asbestos products.
2. How were individuals exposed to asbestos from Celotex Corp’s products?
Workers and consumers were exposed to asbestos from Celotex Corp’s products through inhalation of asbestos fibers released during handling, installation, maintenance, and demolition of asbestos-containing materials. Occupations such as construction workers, insulation installers, and electricians were particularly at risk.
3. What is mesothelioma and how is it related to asbestos exposure?
Mesothelioma is a rare and aggressive cancer that primarily affects the lining of the lungs, abdomen, or heart. It is primarily caused by exposure to asbestos fibers, with individuals inhaling or ingesting asbestos particles that become lodged in the body’s tissues, leading to the development of cancerous cells over time.
4. How can individuals file a claim with the Celotex Corp Asbestos Trust Fund?
To file a claim with the Celotex Corp Asbestos Trust Fund, individuals must meet specific eligibility criteria and submit the required documentation, including medical records, proof of diagnosis, and evidence of exposure to Celotex Corp’s asbestos products. Claim forms and guidelines are available on the trust fund’s website.
5. What types of compensation are available through the Celotex Corp Asbestos Trust Fund?
The Celotex Corp Asbestos Trust Fund provides compensation for various damages, including medical expenses, lost wages, pain and suffering, and loss of consortium. The amount of compensation awarded depends on factors such as the severity of the individual’s illness and the extent of their exposure to Celotex Corp’s asbestos products.
6. How long does the claims process typically take?
The duration of the claims process can vary depending on factors such as the complexity of the case and the volume of claims received. However, the trust fund aims to process claims as efficiently as possible while ensuring thorough review and fair compensation for eligible claimants.
7. Can individuals pursue legal action in addition to filing a claim with the Celotex Corp Asbestos Trust Fund?
In some cases, individuals may choose to pursue legal action against Celotex Corporation or other responsible parties in addition to filing a claim with the trust fund. Consulting with an experienced asbestos attorney can help individuals explore their legal options and determine the best course of action for seeking compensation.
8. Is there a deadline for filing a claim with the Celotex Corp Asbestos Trust Fund?
While there may not be a strict deadline for filing a claim with the trust fund, it is advisable for individuals to file their claims as soon as possible after diagnosis or discovery of asbestos-related illness. Delays in filing claims could potentially impact eligibility or delay the receipt of compensation.
History of Asbestos Use: Celotex Corp.
Early Adoption and Usage: Celotex Corp, like many industrial companies of its time, embraced asbestos due to its advantageous properties such as heat resistance and durability. Asbestos found its way into various products, from construction materials to automotive parts.
Health Concerns and Regulation: By the mid-20th century, mounting evidence linked asbestos exposure to severe health risks like mesothelioma and lung cancer. Regulatory bodies began implementing stricter guidelines, though many had already been exposed in industries like construction and manufacturing.
Emergence of Legal Battles: As awareness of asbestos-related diseases grew, victims began pursuing legal action against companies like Celotex Corp for their exposure. Lawsuits alleging negligence, failure to warn, and product liability became common, reflecting the severity of the health risks.
Bankruptcy and Trust Fund Creation: Faced with escalating legal costs and liabilities, Celotex Corp filed for bankruptcy protection. To address its asbestos-related debts, the company established the Celotex Corp Asbestos Trust Fund. This fund aimed to compensate victims without prolonged litigation, ensuring a streamlined process for seeking justice.
Continued Litigation and Compensation: Despite the creation of the trust fund, legal battles persist as new cases of asbestos-related diseases surface. Victims and their families navigate the claims process, seeking compensation for medical expenses, lost income, and suffering caused by asbestos exposure.
Asbestos Products Manufactured by Celotex Asbestos Corp.
Celotex Asbestos Corp. was known for producing a wide range of asbestos-containing products for industrial use. Some of the asbestos-containing products manufactured by Celotex Asbestos Corp. include:
- Asbestos insulation materials (including insulation boards, blankets, and spray-on insulation)
- Asbestos-containing pipes (such as asbestos cement pipes)
- Asbestos electrical components (like wiring insulation and electrical panels)
- Asbestos-containing construction materials (including cement sheets and roofing materials)
- Asbestos gaskets and seals
- Asbestos-containing flooring products (such as vinyl asbestos tiles)
- Asbestos cement products (like siding and panels)
- Asbestos-containing adhesives and sealants
- Asbestos-containing fireproofing materials
- Asbestos insulation for HVAC systems
- Asbestos-containing plaster and joint compound
- Asbestos-containing caulks and putties
- Asbestos-containing paints and coatings
- Asbestos-containing automotive parts (such as brake pads and clutch linings)
- Asbestos-containing textiles (like fireproof clothing and insulation blankets)
- Asbestos-containing friction materials (such as brake linings and clutch facings)
- Asbestos-containing packing and gaskets for machinery
- Asbestos-containing filters and filtration materials
- Asbestos-containing heating elements and appliances
- Asbestos-containing marine products (such as insulation for ships and boats)
Celotex Corp. Asbestos Products
- Celotex Asbestos Papers & Roll Boards 1908-1982
- Celotex Carey 7M Cement
- Celotex Carey Asbestos Cement
- Celotex Carey Asbestos Cloth
- Celotex Carey Asbestos Felt
- Celotex Carey Asbestos Insulating Ducts
- Celotex Carey Asbestos Millboard 1906-1982
- Celotex Carey Asbestos Rope 1925-1945
- Celotex Carey Asbestos Tank Jacket
- Celotex Carey Block
- Celotex Carey BTU cement
- Celotex Carey Calcium Silicate Block
- Celotex Carey Buff Blend Textured
- Celotex Carey Silicate Pipe Covering
- Celotex Carey Cell Block
- Celotex Carey Cell Pipe Covering
- Celotex Carey Cenesto Board
- Celotex Carey Corrugated Asbestos Paper 1906-1960
- Celotex Carey Duct Adhesive 1940-1955
- Celotex Carey Fibrous Adhesive 1906-1984
- Celotex Carey Fireclad Asbestos Paper
- Celotex Carey Firefoil Board
- Celotex Carey Firefoil Panel
- Celotex Carey Fireguard Asbestos Paper
- Celotex Carey Flex Board 1925-1964
- Celotex Carey Insulating Cement
- Celotex Carey Insulation Seal
- Celotex Carey Marine Panel 1940-1950
- Celotex Carey Panel Board
- Celotex Carey Pipe Covering
- Celotex Carey Super-Light 85% Magnesia Pipe Covering
- Celotex Carey Temp-Check PCB (pipe covering) 1942-1958
- Celotex Carey Thermaboard
- Celotex Carey Thermalite 1906-1937
- Celotex Carey Thermotex-B
- Celotex Carey Woolfelt
- Celotex Carey York Pipe Covering
- Celotex Careystone Asbestos Cement Siding
- Celotex Careystone Roofing & Sliding
- Celotex Careystone Sheathing
- Celotex Careytemp Adhesive 1961-1968
- Celotex Careytemp Block
- Celotex Careyemp Cement
- Celotex Careytemp Finishing Cement 1941-1968
- Celotex Careytemp Pipe Covering
- Celotex Careytemp Pre-Molded Insulation
- Celotex Everlastic Flashing Cement
- Carey Industrial A-C Boards
- Celotex Vitricel Asbestos Sheets 1941-1960
- Celotex Vitricel Cement No.10 1940-1969
- Celotex Vitricel Cement No.19 1940-1969
- Celobric Buff Blend Textured
- Celobric Insulating Brick Siding
- Vitricel Asbestos Sheets
- Carey Marine Panel
These products were widely used across various industries, including construction, manufacturing, shipbuilding, automotive, and more. It’s essential to recognize the potential health risks associated with exposure to asbestos-containing materials and to seek medical evaluation and legal guidance if exposed.
Occupations With Asbestos Exposure from Celotex Corporation Products:
Occupations Exposed to Celotex Asbestos-Containing Products:
Bricklayers: Exposed during construction using asbestos-containing cement sheets and insulation materials.
Carpenters: Exposed while installing asbestos-containing construction materials such as cement sheets and roofing materials.
Demolition Workers: Exposed during demolition activities involving structures built with asbestos-containing materials.
Electricians: Exposed through handling asbestos-containing electrical components like wiring insulation.
Firefighters: Exposed to asbestos during firefighting efforts involving buildings constructed with asbestos-containing materials.
HVAC Technicians: Exposed while installing or repairing HVAC systems insulated with asbestos materials.
Insulation Installers: Directly exposed while handling and installing asbestos insulation materials like blankets and spray-on insulation.
Maintenance Workers: Exposed during repair and maintenance tasks involving asbestos-containing products used in buildings and machinery.
Maritime Workers: Exposed to asbestos in ships and boats insulated with asbestos-containing materials.
Mechanics: Exposed while repairing vehicles with asbestos-containing automotive parts such as brake pads and clutch linings.
Metalworkers: Exposed while working with asbestos-containing materials in manufacturing processes.
Miners: Exposed during the extraction of minerals like asbestos, particularly in mines with poor ventilation.
Plumbers: Exposed while installing or repairing plumbing systems containing asbestos cement pipes and seals.
Roofers: Exposed during roof installation using asbestos-containing roofing materials.
Shipyard Workers: Exposed to asbestos during construction and repair of ships insulated with asbestos materials.
Steelworkers: Exposed during steel production processes using asbestos-containing insulation and fireproofing materials.
Textile Workers: Exposed while manufacturing textiles treated with asbestos for fireproofing properties.
Tile Setters: Exposed while installing asbestos-containing flooring products like vinyl asbestos tiles.
Welders: Exposed during welding processes involving asbestos-containing materials in construction and manufacturing.
Woodworkers: Exposed while using asbestos-containing adhesives and sealants in woodworking projects.
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Steps to Apply to Celotex Corp Asbestos Trust Fund:
- Determine Eligibility: Review the eligibility criteria outlined by the Celotex Corp Asbestos Trust Fund. Ensure that you meet the requirements as a victim of asbestos exposure from Celotex Corporation’s products.
- Gather Documentation: Collect relevant documentation, including medical records, proof of diagnosis, evidence of asbestos exposure from Celotex Corporation’s products, and any other supporting materials required for your claim.
- Complete Claim Forms: Obtain the necessary claim forms from the trust fund’s website or through designated channels. Fill out the forms accurately and completely, providing detailed information about your asbestos exposure, medical condition, and related damages.
- Submit Claim: Submit your completed claim forms along with all supporting documentation to the Celotex Corp Asbestos Trust Fund according to the specified submission guidelines. Ensure that you meet any deadlines for filing claims.
- Await Review: Allow time for the trust fund to review your claim thoroughly. The review process may involve assessing the validity of your claim, verifying documentation, and determining the extent of compensation based on established guidelines.
- Respond to Requests: Be prepared to respond promptly to any requests for additional information or clarification from the trust fund during the review process. Providing timely and accurate responses can help expedite the evaluation of your claim.
- Await Decision: Once your claim has been reviewed, await the decision from the Celotex Corp Asbestos Trust Fund regarding the approval and amount of compensation. This decision will be communicated to you through official correspondence.
- Receive Compensation: If your claim is approved, you will receive compensation from the trust fund according to the terms and conditions outlined in the decision. The fund will arrange for the disbursement of funds to you or your designated beneficiaries.
- Seek Legal Assistance: If you encounter challenges during the application process or if your claim is denied, consider seeking legal assistance from professionals experienced in handling asbestos trust fund claims. They can provide guidance and representation to help navigate any issues that arise.
Why Working with an Experienced Mesothelioma Trust Fund Lawyer is Vital:
- Expertise: Experienced lawyers understand the complexities of trust fund laws and procedures, ensuring your claim is handled efficiently.
- Maximized Compensation: Attorneys advocate for your rights, aiming to secure the maximum compensation you deserve from the A & I Corporation Asbestos Trust Fund.
- Timeliness: Lawyers ensure your claim is correctly submitted and promptly processed, minimizing any unnecessary delays in receiving compensation.
- Legal Guidance: They provide valuable legal counsel, explaining your options and helping you make well-informed decisions throughout the claims process.
- Peace of Mind: Dealing with a mesothelioma diagnosis is already stressful. A lawyer can alleviate some of this burden by managing the legal aspects of your claim.
- No Upfront Costs: Most mesothelioma lawyers work on a contingency basis, meaning they only receive payment if you win compensation, easing any financial concerns associated with legal representation.
Remember, the A & I Corporation Asbestos Trust Fund can provide significant financial assistance during this challenging time. Working with a skilled attorney increases your chances of a successful claim outcome and ensures you receive the support you need.
Recent Mesothelioma Verdicts
- $4.6 Million Mesothelioma Settlement: For a union insulator who developed malignant Mesothelioma from asbestos exposure.
- $10.2 Million Mesothelioma Verdict: For a Paper Mill worker suffering from pleural Mesothelioma.
- $8 Million Mesothelioma Award: For a man diagnosed with Mesothelioma.
- $1.2 Million Mesothelioma Settlement: For a 76-year-old carpenter who developed malignant Mesothelioma.
- $1.1 Million Veteran Mesothelioma Settlement: For a Navy veteran machinist who developed malignant Mesothelioma at age 71.
- $245,000 Asbestosis Settlement: For a Paper mill worker suffering from Asbestosis.
- $2.5 Million Mesothelioma Settlement: For a union pipefitter man who died from malignant Mesothelioma.
- $2.6 Million Shipyard Worker Mesothelioma Settlement: For the family of a 72-year-old shipyard worker with Mesothelioma who suffered secondhand exposure.
- $5 Million Navy Veteran Mesothelioma Verdict: For a Navy Boilerman who developed Mesothelioma during his service.
- $1.8 Million Mesothelioma Settlement: For a carpenter who developed malignant Mesothelioma at age 68.
- $7.5 Million Mesothelioma Verdict: For a woman who developed peritoneal Mesothelioma from laundering her husband’s work clothes.
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Settlement Averages for Mesothelioma Lawsuits
The average verdict in a mesothelioma lawsuit is about $2.4 million, and the average settlement is between $1 million and $1.4 million according to Mealey’s Litigation Report.
Diagnosed With Mesothelioma?
Being diagnosed with mesothelioma can be overwhelming, but understanding your legal options is crucial. Asbestos trust funds are designed to provide compensation for mesothelioma victims. These funds hold over $30 billion to support those affected by asbestos exposure. Consulting an experienced mesothelioma lawyer is essential in navigating the complex process of filing a claim. They can help determine eligibility, gather necessary evidence, and ensure your claim complies with trust fund requirements. These funds offer financial relief for medical expenses, lost income, and suffering caused by asbestos-related diseases. Seeking legal guidance can ease the burden during this challenging time.
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Mesothelioma Claims: Mesothelioma Damages
If you’ve received a diagnosis of Mesothelioma, it’s crucial to understand that you may be eligible to seek compensation for a wide range of damages. This guide will help you navigate the complex world of Mesothelioma claims, offering insights into the various types of damages you may be entitled to recover. From Mesothelioma-specific damages to economic, medical, and even punitive damages, we’ll break down what each entails, ensuring you have the knowledge you need when considering legal action. Your journey to seeking rightful compensation starts here.
TAKING LEGAL ACTION
When confronted with the devastating impact of a mesothelioma diagnosis resulting from asbestos exposure, pursuing legal action becomes a crucial step towards securing the compensation you rightly deserve. Our team is here to assist you in initiating a mesothelioma lawsuit with an experienced mesothelioma attorney, ensuring the protection of your rights and the delivery of justice. Discover today which Asbestos Trust Funds you may be eligible for to receive compensation.
SCHEDULE A FREE CASE CONSULTATION
Scheduling a free case consultation is your first step toward seeking justice in mesothelioma cancer lawsuits. We are ready to assess your unique situation and provide the guidance you will need during this challenging time. Take this essential step toward pursuing fair compensation for your mesothelioma-related injuries.
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When dealing with the complexities of mesothelioma cancer lawsuits, getting help from an experienced injury attorney is crucial. For more than 24 years, we have assisted workers, veterans, and families in obtaining the compensation they deserved from negligent asbestos companies. Contact us at 888.640.0914 to secure the support you will need throughout your pursuit of fair and just compensation.
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