Federal Mogul U. S. Asbestos Personal Injury Trust
Asbestos Trust Funds Claims and Mesothelioma
In response to the surge of asbestos-related litigation, Federal Mogul Asbestos Trust established the Federal Mogul Asbestos Trust Fund to address its asbestos-related liabilities. Initiated amid the company’s bankruptcy proceedings, the trust fund dedicates a substantial portion of its assets to compensate individuals adversely affected by Federal Mogul’s asbestos-containing products. Since its establishment, the trust has prioritized the provision of just and equitable compensation to victims of asbestos exposure and associated illnesses.
Occupational Exposure to Asbestos:
Federal Mogul’s extensive utilization of asbestos in various industrial applications resulted in widespread occupational exposure to asbestos fibers. Workers across occupations such as construction workers, plumbers, electricians, and mechanics faced heightened risks of exposure. The company’s asbestos-containing products, including insulation materials, brake linings, gaskets, and industrial supplies, were prevalent in multiple industries, contributing to significant asbestos exposure among workers and, in some instances, the broader populace.
Trust Fund Administration:
The Federal Mogul Asbestos Trust Fund is meticulously managed by a dedicated team of trustees and overseen by a reputable trust management firm. Committed to fairness and integrity, the trust meticulously evaluates claims to ensure that eligible individuals receive compensation commensurate with the severity of their injuries and other pertinent factors. The trust operates transparently, adhering to established guidelines and regulations, and provides comprehensive support to victims and their families throughout the claims process.
Key Figures and Additional Information:
- Assets: N/A
- Payouts: N/A
- Compensation: Ranging from [Range], contingent upon injury severity
- Evaluation: Claims undergo meticulous review for fairness
- Accountability: Adherence to established guidelines and regulations
- Support: Comprehensive assistance for victims and families
- Viability: Focus on financial stability and sustainability
For More Information:
- Website: N/A
- Managed By: N/A
- Purpose: To compensate those harmed by Energy Future Holdings’ asbestos products
- History: Established to address asbestos-related liabilities
- Claims Process: Open to victims meeting specific eligibility criteria
- Compensation: Determined based on the severity of injuries
- 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
History of Federal Mogul U. S. Asbestos Personal Injury Trust
Asbestos, once hailed for its versatility and fire-resistant properties, became widely used in various industries during the 20th century. Federal-Mogul Corporation, a leading automotive and industrial supplier, utilized asbestos in many of its products, including gaskets, brake linings, and insulation materials.
Early Utilization of Asbestos:
Federal-Mogul Corporation, established in 1899, initially focused on manufacturing automotive components and industrial products. Asbestos, prized for its heat resistance and durability, quickly found its way into Federal-Mogul’s offerings, where it was used extensively in gaskets, brake pads, and insulation.
Occupational Exposure:
The widespread use of asbestos in Federal-Mogul’s products led to significant occupational exposure among workers in various industries. Automotive mechanics, construction workers, shipyard workers, and others faced heightened risks of asbestos exposure while handling and installing Federal-Mogul’s asbestos-containing products.
Recognition of Health Risks:
In the latter half of the 20th century, the health risks associated with asbestos exposure became increasingly apparent. Medical research linked asbestos exposure to serious respiratory illnesses such as mesothelioma, lung cancer, and asbestosis, prompting concerns about worker safety and public health.
Establishment of the Trust:
Amid mounting asbestos-related litigation and the prospect of bankruptcy, Federal-Mogul Corporation took steps to address its asbestos liabilities. In response, the Federal Mogul U. S. Asbestos Personal Injury Trust was established to provide compensation to individuals harmed by the company’s asbestos-containing products. The trust’s creation aimed to streamline the claims process and ensure equitable compensation for victims while facilitating Federal-Mogul’s financial restructuring.
Mission of the Trust:
The Federal Mogul U. S. Asbestos Personal Injury Trust is dedicated to fairly compensating individuals diagnosed with asbestos-related diseases due to exposure to Federal-Mogul’s products. By providing financial assistance and support to affected individuals and their families, the trust seeks to alleviate the burdens imposed by asbestos-related illnesses and promote justice for victims.
Continued Advocacy and Awareness:
Asbestos-related diseases continue to affect individuals worldwide, highlighting the ongoing importance of advocacy, awareness, and compensation for victims. The Federal Mogul U. S. Asbestos Personal Injury Trust remains committed to fulfilling its mission of providing assistance to those impacted by Federal-Mogul’s asbestos products, ensuring that they receive the support and resources they deserve in their journey toward recovery and justice.
Asbestos-Containing Products Manufactured by Federal Mogul Company:
Adhesives: Asbestos-containing adhesives were used in various applications, including flooring installation and automotive assembly, posing risks to workers during application and removal.
Automotive Gaskets: Asbestos was commonly used in automotive gaskets to provide heat resistance and prevent leaks in engine components, exposing mechanics during installation and repair.
Brake Linings: Asbestos fibers were incorporated into brake linings to enhance durability and heat dissipation, putting automotive technicians and manufacturers at risk of exposure.
Brake Pads: Asbestos was a key component of brake pads, providing friction and heat resistance, posing risks to auto mechanics and brake system manufacturers.
Cement Products: Asbestos-containing cement products, including pipes, sheets, and tiles, were used in construction and plumbing, posing risks to installers and maintenance workers.
Clutch Facings: Asbestos was utilized in clutch facings to improve friction and heat resistance, endangering auto mechanics and manufacturers during installation and maintenance.
Coatings and Paints: Asbestos-containing coatings and paints were used for fireproofing and insulation in buildings and industrial equipment, posing risks to painters and construction workers during application and removal.
Electrical Insulation: Asbestos was used in electrical insulation materials such as wire coatings and insulating board, endangering electricians and electrical workers during installation and maintenance.
Fireproofing Materials: Asbestos was utilized in fireproofing materials for structural steel and building components, endangering construction workers during application and renovation.
Friction Materials: Asbestos fibers were incorporated into friction materials for clutches, transmissions, and industrial machinery, endangering workers during manufacturing and maintenance tasks.
Gaskets and Seals: Asbestos-containing gaskets and seals were widely used in engines, pumps, and other machinery, exposing workers to asbestos fibers during assembly and repair tasks.
Heat Shields: Asbestos was utilized in heat shields to protect components from high temperatures in automotive and industrial settings, posing risks to installers and maintenance personnel.
Insulation Materials: Asbestos was commonly found in various insulation materials used in automotive, industrial, and construction applications, posing risks to installers and maintenance workers.
Joint Compound: Asbestos-containing joint compound was used in drywall installation and repair, exposing construction workers and contractors during application and sanding.
Packings and Seals: Asbestos-containing packings and seals were utilized in pumps, valves, and hydraulic systems, exposing maintenance personnel to asbestos fibers during installation and repair.
Pipe Insulation: Asbestos-containing pipe insulation was used in plumbing and HVAC systems to prevent heat loss, exposing installers and maintenance workers to asbestos fibers.
Roofing Materials: Asbestos was incorporated into roofing materials such as shingles and felt to provide fire resistance, endangering roofers and construction workers during installation and repair.
Soundproofing Materials: Asbestos-containing soundproofing materials were used in buildings and automotive applications, posing risks to installers and maintenance personnel during handling and installation.
Textile Products: Asbestos fibers were woven into textiles for heat-resistant clothing and protective gear, putting textile workers and manufacturers at risk of exposure.
Valve Stem Packing: Asbestos-containing valve stem packing was used to prevent leaks in valves and piping systems, exposing workers to asbestos fibers during installation and maintenance.