Asbestos Trust Fund List
Understanding Asbestos Trust Funds and Mesothelioma Claims
Filing for Asbestos Trust Funds is a crucial and necessary process for individuals diagnosed with mesothelioma and other asbestos-related illnesses. These trust funds, established by asbestos companies, represent a form of accountability for the harm they’ve caused through asbestos exposure. They provide financial relief to those dealing with the devastating effects of asbestos exposure. For victims and their families, Asbestos Trust Funds offer a means of seeking justice, as they underscore the legal responsibilities imposed on asbestos companies for their role in causing suffering. Through these funds, victims can access the compensation necessary to maintain a level of financial stability when facing adversity.
By pursuing claims through Asbestos Trust Funds, individuals can navigate the financial challenges that often accompany the diagnosis of mesothelioma. This compensation can help cover medical expenses, lost wages, and the emotional toll of the disease. While these trust funds do not erase the suffering caused by asbestos exposure, they represent a significant step towards accountability and provide a lifeline for those who need it most. Victims and their families deserve the support and justice that Asbestos Trust Funds can provide in the face of this devastating illness.
- Abundance of Trust Funds: There are currently more than 60 Asbestos Trust Funds operating throughout the United States, each dedicated to providing financial relief to asbestos victims and their families.
- Billions in Settlements: Asbestos Trust Funds have disbursed billions of dollars in settlements to compensate victims for their medical expenses, lost wages, and the pain and suffering caused by asbestos-related illnesses.
- Financial Support: Filing a claim with an Asbestos Trust Fund can offer vital financial support, even when the responsible party can no longer provide compensation.
If you or someone you know has received a mesothelioma diagnosis or is suffering from another asbestos-related illness, it’s crucial to consult a qualified Asbestos Trust Fund lawyer. They can assess your eligibility to file a claim, ensuring you receive the compensation you rightfully deserve. Don’t delay; contact an Asbestos Trust Fund lawyer today to explore your rights and options. With the assistance of a trusted attorney, you can secure the financial support needed to cope with the challenges of mesothelioma.
U. S Asbestos Bankruptcy Trusts Funds have paid out nearly 21 billion to more than 600,000 asbestos claimants. There are about 60+ active Asbestos Trust Funds with an estimated $32 billion in remaining assets.
Mesothelioma Average Settlement Estimates
Thousands of asbestos-containing products and materials were used throughout all States. More than 20 million American workers have been exposed to asbestos with the heaviest usage in the U. S. was during 1930-1980. Mesothelioma and other asbestos-related cancers can lay dormant in people for 10-50 years.
According to Mealey’s Litigation Report. The average mesothelioma settlement is between $1-$1.4 million, and the average verdict is about $2.4 million. Many mesothelioma lawsuits have resulted in higher settlements for mesothelioma patients.
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How Do Mesothelioma Trust Funds Work?
Asbestos exposure victim’s diagnosed with mesothelioma and other asbestos-related diseases can submit their claims to asbestos settlement trusts belonging to the bankrupt asbestos companies responsible for their illness. Surviving relatives of mesothelioma that have died from asbestos exposure are also eligible to submit claims to responsible asbestos trust funds.
After submitting a claim, asbestos trust funds decide whether to pay a claim. The decision to pay a claim is made completely separate from the company that created the trust fund.
Asbestos Trust Funds
- There are more than 60 Asbestos Trust Funds set up by U. S. Courts.
- Asbestos bankruptcy reorganization can be a lengthy process that can span several years.
- Asbestos Trusts publish additional information about their Trust guidelines, qualifications, and rules.
- Representatives of current and future Mesothelioma claimants must consent to any significant changes to these trusts.
- Since 1988, Asbestos trusts have paid out about $17.5 billion, representing more than 3 million claims.
- Since 2011, Asbestos Trust Funds have combined assets of $36.8 billion.
- Since 2010, the average percentage paid per asbestos victim is 25 percent of a claim.
- Asbestos Trust Funds set Statutes of Limitations that only allow a certain amount of time to file an Asbestos claim.
- Mesothelioma Claimants can sometimes file both Asbestos Trust lawsuits and Asbestos claims.
- U. S. Court must approve the amount set aside before the Asbestos Company will be granted bankruptcy protection.
Have A Question About Asbestos Trust Funds?
Our Mesothelioma Patient Advocates can answer questions about trust funds, treatments, settlements and other types of Mesothelioma Trust Funds.
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Evidence Required to File an Asbestos Trust Fund Claim
Diagnosis: Medical Documentation, Pathology Report, showing claimant diagnosed with an asbestos-related disease.
Physician Statement: Statement from a qualified doctor regarding the diagnosis.
Exposure Evidence: Witness affidavits, employment records, company invoices linking a company product or facility to asbestos exposure.
Company Names | Asbestos Trust Fund | Year Established | Amount Funded | Status |
Asbestos & Insulation Corporation – A & I Corporation | A & I Corporation Bodily Injury Trust Fund | 2005 | N/A | Active |
A B. B. Global, Inc | ABB Lummus 524g Asbestos Trust Fund | 2006 | 38 Million | Active |
A-Best Products | A-Best Asbestos Settlement Trust Fund | 2004 | $18 Million | Active |
AC & S, Inc. | AC & S Asbestos Settlement Trust Fund | 2008 | 528 Million | Active |
Amatex Corp. | Amatex Corp Asbestos Trust Fund | 1990 | N/A | Inactive |
A P. Green Industries – APG Asbestos Trust | AP Green Industries Asbestos Trust Fund | 2014 | 33 Million | Active |
API, Incorporated | API, Inc. Asbestos Settlement Trust | 2006 | 94 Million | Active |
Armstrong World Industries | Armstrong World Industries Asbestos Trust Fund | 2006 | 2.06 Billion | Active |
ARTRA Group, Inc. – Synkoloid Company | ARTRA 524(g) Asbestos Trust Fund | 2007 | 74 Million | Active |
ASARCO LLC | Asarco LLC Asbestos Settlement Trust Fund | 2009 | 830 Million | Active |
Babcock & Wilcox Co. | Babcock & Wilcox Asbestos Trust Fund | 2006 | 185 Million | Active |
Bell Asbestos Mines | Bell Asbestos Trust | 2001 | 635 Million | Active |
Bondex International | Bondex Asbestos Trust | 2016 | $797.50 | Active |
Brauer Supply Company | Brauer 524(g) Asbestos Trust Fund | 2007 | N/A | Active |
Burns & Roe Enterprises, Incorporated | Burns & Roe Asbestos Personal Injury Settlement | 2009 | $172 Million | Active |
C.E. Thurston & Sons, Inc. | C. E. Thurston & Sons Asbestos Trust Fund | 2006 | 53 Million | Active |
Carey Canada, Inc. – aka – Celotex Corporation | Celotex Corp Asbestos Trust Fund | 1996 | 1.25 Billion | Active |
Celotex Corporation | Carey Corp Asbestos Trust Fund | 1996 | 1.25 Billion | Active |
Combustion Engineering | Combustion Engineering 524(g) Asbestos Trust Fund | 2006 | 1.24 Billion | Active |
Congoleum Corporation | Congoleum Plan Asbestos Trust Fund | 2010 | 270 Million | Active |
Daimler Chrysler | Daimler Chrysler Asbestos Trust Fund | N/A | N/A | N/A |
DII Industries, LLC – Dresser Industries | DII Industries LLC Asbestos Personal Injury Trust | 2005 | 2.51 Billion | Active |
Durabla Manufacturing Company | Durabla Manufacturing Asbestos Trust Fund | N/A | N/A | N/A |
Eagle-Picher Corporation – Eagle-Picher Industries | Eagle Picher Industries Asbestos Trust Fund | 1996 | $730 Million | Active |
EHF, INC. | Energy Future Holdings (EFH) Bankruptcy | 2014 | N/A | Active |
E. J. Bartells Co., Inc. | E. J. Bartells Asbestos Settlement Trust Fund | 2001 | $20 Million | Active |
Federal Mogul Corporation | Federal-Mogul Asbestos Personal Injury Trust | 2007 | $690 Million | Active |
Ferodo | Ferdo Asbestos Trust | 2011 | $635 Million | Active |
Flexitallic, Inc – Flexitallic Subfund – Federal-Mogul Asbestos Injury Trust | Flexitallic Asbestos Trust Fund | 2011 | $635 Million | Active |
Flintkote Company – Flintkote Mines Ltd. | Flintkote Mines Ltd Asbestos Trust Fund | 2015 | 214 Million | Active |
48 Insulations Co. – Forty-Eight Insualtions Co. | Forty-Eight Insulations Asbestos Trust Fund | 1985 | $39M + $19M | Active |
Fuller Austin Insulation Co. | Fuller Austin Insulation Co. Asbestos Trust | 1998 | 270 Million Paid | N/A |
G-I Holdings, Inc. | G-I Holdings Inc. Asbestos Personal Injury Settlement Trust | 2009 | N/A | N/A |
General Aniline and Film Corporation | GAF Asbestos Trust Fund | 2009 | $770 Million | Active |
Garlock Sealing Technologies, Inc. – Garrison Litigation Management Group, Ltd. | Garlock Sealing Technologies Trust Fund | 2000 | $1.4 Billion Paid | N/A |
Georgia Pacific, LLC. – Koch Industries – Bestwall LLC’s Bankruptcy | Georgia Pacific, LLC. Asbestos Trust Fund | N/A | N/A | N/A |
General Motors | General Motors Asbestos Trust Fund | 2012 | $625 Million | Active |
Global Industrial Technologies – Harbison-Walker Co. | Harbison-Walker Asbestos Trust Fund | 2007 | 2.51 Billion | Active |
H. K. Porter Co., Inc. | H. K. Porter Asbestos Trust Fund | 2008 | $104 Million | Active |
Halliburton Company | Halliburton Asbestos Trust Fund | 2003 | N/A | Active |
Harbison-Walker Co. | Harbison-Walker Asbestos Trust Fund | N/A | N/A | Active |
Hercules Chemical Company | Hercules Chemical Co, Inc. Asbestos Settlement Trust Fund | 2011 | 8.6 Million | Active |
J.T. Thorpe Settlement Trust | J. T. Thorpe – California – Settlement Trust Fund | 2006 | $154 Million | Active |
J.T. Thorpe Company | J.T. Thorpe Company (Texas) Successor Trust | 2004 | $230 Million | Active |
Johns-Manville Corp. – Philadelphia Asbestos Corp. – Pacor | Johns-Manville Corp Asbestos Trust Fund | 1988 | 2.5 Billion | Active |
Kaiser Aluminum Corp. | Kaiser Asbestos Personal Injury Trust Fund | N/A | N/A | N/A |
Kaiser Gypsum Co. | Kaiser Gypsum Company Asbestos Trust | N/A | N/A | N/A |
The Nicolet Company – Keasbey & Mattison – Armstrong World Industries. | The Nicolet Co – Keasbey & Mattison Asbestos Trust Fund | 2006 | 2.06 Billion | Active |
Keene Corp. | Keene Creditors Asbestos Trust Fund | 1996 | 45 Million | Active |
Lake Asbestos of Quebec, Ltd. | Asarco LLC Asbestos Settlement Trust Fund | 2005 | 830 Million | Active |
Leslie Controls, Inc. – Watt Controls | Leslie Controls Asbestos Trust Fund | 2010 | 75 Million | Active |
Lykes Bros. Steamship Co. | Lykes Tort Claims Trust | 1997 | N/A | Active |
ABB Lummus Global, Inc. – ABB Global Engineering, Inc. | Lummus 524(g) Asbestos PI Trust | 2006 | 30 Million | Active |
McLean Industries | United States Lines (S.A.) Inc. Reorganization Trust | 1889 | N/A | Inactive |
M. H. Detrick Co. | M H. Detrick Company Asbestos Trust | 2002 | N/A | Inactive |
Metex Manufacturing Co. – Kentile Floors, Inc. | Armstrong World Industries Asbestos Trust Fund | 2006 | 2.06 Billion | Active |
Muralo Co. | Muralo Asbestos Trust Fund | 2007 | N/A | Inactive |
NARCO, Inc. – North American Refractories Company | NARCO-North American Refractories Asbestos Trust Fund | 2013 | 420 Million | Active |
National Gypsum Company – Asbestos Claims Management Corp. | NGC Bodily Injury Trust | 1993 | 446 Million | Active |
Owens Corning/ Fibreboard Corp. | Owens Corning Fiberglas Asbestos Trust Fund Owens-Illinois, Inc. | 2006 | 1.5 Billion | Active |
Owens Corning Corp. Owens Corning Persnoal Injury Trust | Owens Corning Fibreboard Asbestos Subfund | 2006 | 3.4 Billion | Active |
Pacor, Inc. – Pacor Material Supply Co. – Philadelphia Asbestos Corp. | Johns-Manville Corp Asbestos Trust Fund | 1988 | 2.5 Billion | Active |
Mid-Valley, Inc. – Halliburton | DII Industries LLC Asbestos Personal Injury Trust | 2005 | 2.5 Billion | Active |
Plibrico Co. | Plibrico 524(g) Asbestos Trust Fund | 2006 | 206 Million | Active |
Pittsburgh Corning Corporation | Pittsburgh Corning Asbestos Trust Fund | 2013 | 3.4 Billion | Active |
Plant Insulation Company | Plant Insulation Co. Asbestos Settlement Trust | 2012 | 242 Million | Active |
Porter-Hayden Co. | Porter Hayden Asbestos Trust Fund | 2006 | 1 Million | Active |
Quigley Company, Inc. – Pfizer Co. | Quigley Co. Asbestos Trust Fund | 2013 | 569 Million | Active |
Raymark Corp. – Raytech Corp. | Raytech (Raybestos) Asbestos Trust Fund | 2000 | N/A | Active |
Rock Wool Manufacting | Rock Wool Manufacturing Asbestos Trust Fund | 1999 | N/A | N/A |
Philadelphia Asbestos Corp – Pacor, Inc. | Johns-Manville Corp Asbestos Trust Fund | 1988 | 2.5 Billion | Active |
Piper Aircraft Corporation | Piper Aircraft Asbestos Trust | 2007 | N/A | Inactive |
Prudential Lines, Inc. | PLI Disbursement Asbestos Fund | 1999 | N/A | Inactive |
Rutland Fire Clay Company | Rutland Fire Clay Co. Asbestos Trust Fund | 2000 | N/A | Inactive |
Republic Powdered Metals, Inc. – Bondex | Republic Powdered Metals Asbestos Trust | 2010 | N/A | Active |
Shook & Fletcher Insulation Co. | Shook and Fletcher Asbestos Settlement Trust Fund | 2002 | 109 Million | Active |
Skinner Engine Company | Skinner Asbestos Trust Fund | 1998 | N/A | Active |
Stone & Webster Engineering, Incorporated | Stone and Webster Asbestos Trust Fund | 2004 | 6 Million | N/A |
Swan Transportation Co. – Silica Co. – Tyler Pipe Industries, Inc. | Swan Transportation & Silica Asbestos Settlement Trust Fund | 2003 | N/A | Active |
Synkoloid Company | ARTRA 524(g) Asbestos Trust Fund | 2007 | 74 Million | Active |
T H. Agriculture and Nutrition, LLC – THAN Asbestos Trust Fund | T. H. Agriculture & Nutrition Asbestos Personal Injury Trust | 2009 | 901 Million | Active |
Thorpe Insulation Co. – Pacific Insulation Co. | Thorpe Insulation Asbestos Trust Fund | 2006 | 389 Million | N/A |
Turner & Newall Co. – Federal Mogul Inc. | Turner & Newall Asbestos Trust Fund | 2007 | $690 Million | Active |
United States Gypsum Co. – USG Corp. | United States Gypsum Asbestos Trust Fund | 2001 | 3.9 Billion | Active |
United Gilsonite Laboratories | United Gilsonite Asbestos Trust Fund | 2012 | 11.75 Million | Active |
Unarco Industries – Union Asbestos and Rubber Co. | UNARCO – UNR Asbestos-Disease Claims Trust Fund | 1990 | 114 Million | Active |
United States Lines, Inc. | United States Lines (S.A.) Inc. Reorganization Trust | 1989 | N/A | Inactive |
Utex Industries, Inc. | Utex Industries, Inc. Successor Trust | 2004 | N/A | N/A |
United States Mineral Products | United States Mineral Asbestos Trust Fund | 2005 | 8 Million | Active |
UNR Industries, Inc. – Unarco Industries, Inc. | UNARCO – UNR Asbestos-Disease Claims Trust Fund | 1990 | 114 Million | Active |
Wallace & Gale Company | Wallace & Gale Asbestos Trust | 2014 | 3 Million | Active |
W.R. Grace & Co. | WRG Asbestos Personal Injury Trust | 2014 | 3 Million | Active |
Western MacArthur – Western Asbestos Company | Western MacArthur Asbestos Bankruptcy Trust | 2004 | 2 Billion | Active |
Wallace & Gale Company | Wallace & Gale Co. Asbestos Settlement Trust | 1998 | N/A | Inactive |
Yarway Corporation | Yarway Asbestos Personal Injury Trust | 2016 | 325 Million | Active |
Inactive Closed Trust Funds | ||||
American Shipbuilding Inc. | N/A | 1993 | N/A | Inactive |
Brunswick Fabricators | N/A | 1997 | N/A | Inactive |
Christy Refractories | N/A | 2008 | N/A | Inactive |
Dana Corporation | N/A | 2006 | N/A | Inactive |
Delaware Insulations | N/A | 1989 | N/A | Inactive |
Gatke Corp. | N/A | 1987 | N/A | Inactive |
Harnischfeger Corp. | N/A | 1999 | N/A | Inactive |
Hillsborough Holding Co. | N/A | 1989 | N/A | Inactive |
Lloyd E. Mitchell Co. | N/A | 2006 | N/A | Inactive |
Murphy Marine Services | N/A | 2001 | N/A | Inactive |
Oglebay Norton Co. (ONCO) | N/A | 2004 | N/A | Inactive |
Special Electric | N/A | 2004 | N/A | Inactive |
Special Metals Corp. | N/A | 2002 | N/A | Inactive |
Standard Insulations, Inc. | N/A | 1986 | N/A | Inactive |
Todd Shipyards | N/A | 1987 | N/A | Inactive |
Waterman Steamship Corp | N/A | 1983 | N/A | Inactive |
Mesothelioma Latency is 10-50 years.
The only known cause of this Mesothelioma is exposure to asbestos. It is important to note that Mesothelioma is a progressive disease, with a 10–50-year latency period developing over the years or even decades in many patients. Therefore, your statute of limitations does not begin with the time of your exposure. Instead, it starts with the date of your diagnosis that you have Mesothelioma.
There Are 4 Primary Types of Mesothelioma Claims:
- Product Liability– Can be filed against companies that manufactured and distributed asbestos products.
- Medical Malpractice– Can be filed against doctors or hospitals if they misdiagnose or delay your diagnosis of Mesothelioma.
- Workers Compensation– Can be filed against an employer if you were exposed to asbestos while on the job.
- Wrongful Death– Can be filed against asbestos manufacturers, asbestos distributors, or an employer of a product containing asbestos that directly caused a person’s death if their actions constituted Settlement for a deceased worker’s safety.
Main Factors That Will Determine Your Case Value
- Type of Mesothelioma diagnosis
- Number of asbestos companies named in the lawsuit
- Number of bankrupt asbestos companies named in the lawsuit
- Survival prognosis of a Mesothelioma patient
- Number of asbestos contacting products named in the lawsuit
- Years of exposure
- Funds still available from asbestos companies
- If you filed within your states Statute of Limitations
Mesothelioma Trust Funds – Free Consultation
Our Mesothelioma Lawyers offer you a free no-obligation consultation to determine the merits of your case. During this time, the attorney will be able to access your case and determine your chances for filing a successful Mesothelioma lawsuit. It’s crucial that you are honest and that you provide as much information as possible regarding your work history, asbestos exposure, and current medical condition with your Mesothelioma attorney. During this time, your lawyer will explain the legal process to you as it applies to Mesothelioma claims and informs you as to what your expectations should be for a successful outcome.
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.
GET HELP FROM AN EXPERIENCED INJURY ATTORNEY
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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