Owens Corning Fiberglas Asbestos Trust Fund
Asbestos Trust Funds Claims and Mesothelioma
In response to the surge of asbestos-related litigation, Owens Corning Fiberglas, a notable manufacturer, established the Owens Corning Fiberglas Asbestos Trust Fund to address its asbestos-related liabilities. Initiated amid the company’s bankruptcy proceedings, the trust fund allocates a significant portion of its assets to compensate individuals adversely affected by Owens Corning Fiberglas’ asbestos-containing products. Since its establishment, the trust has prioritized providing just and equitable compensation to victims of asbestos exposure and associated illnesses.
Occupational Exposure to Asbestos: Owens Corning Fiberglas’ widespread use of asbestos in industrial applications led to significant occupational exposure among workers. Occupations such as construction workers, shipyard workers, insulation installers, and maintenance personnel faced heightened risks of exposure due to asbestos in insulation materials, roofing products, and construction supplies.
Trust Fund Administration: The Owens Corning Fiberglas Asbestos Trust Fund is meticulously managed by a dedicated team of trustees and overseen by a reputable trust management firm. It evaluates claims to ensure eligible individuals receive compensation commensurate with the severity of their injuries, adhering to established guidelines and regulations.
Key Figures and Additional Information:
- Assets: N/A
- Payouts: N/A
- Compensation: 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 Owens Corning Fiberglas’ 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
Frequently Asked Questions about Owens Corning Fiberglas Asbestos Trust Fund
Q: What is the Owens Corning Fiberglas Asbestos Trust Fund?
The Owens Corning Fiberglas Asbestos Trust Fund was established to address liabilities related to asbestos exposure claims against Owens Corning Fiberglas. It provides compensation to individuals harmed by their asbestos-containing products.
Q: Who can file a claim with the trust fund?
Individuals who have been diagnosed with asbestos-related diseases or their eligible family members can file claims with the trust fund if they can demonstrate exposure to Owens Corning Fiberglas asbestos products.
Q: What types of asbestos-related diseases are covered by the trust fund?
The trust fund covers a range of asbestos-related diseases, including mesothelioma, lung cancer, and asbestosis, among others, provided they can be linked to exposure to Owens Corning Fiberglas asbestos products.
Q: How is compensation determined?
Compensation from the trust fund is typically determined based on the severity of the diagnosed asbestos-related disease, the extent of exposure to Owens Corning Fiberglas asbestos products, and other relevant factors outlined in the trust’s guidelines.
Q: Is there a deadline for filing a claim?
Yes, there are deadlines, known as statute of limitations, for filing claims with the trust fund. It’s important to consult legal counsel or the trust fund’s administrators to determine the applicable deadlines for your specific case.
Q: How long does the claims process take?
The duration of the claims process can vary depending on factors such as the complexity of the case, the volume of claims being processed, and the availability of required documentation. However, the trust fund aims to process claims efficiently while ensuring fairness and accuracy.
Q: Can I file a lawsuit against Owens Corning Fiberglas instead of using the trust fund?
In most cases, individuals who are eligible to file claims with the trust fund are barred from pursuing lawsuits against Owens Corning Fiberglas due to bankruptcy proceedings. However, legal counsel can provide guidance on available options based on individual circumstances.
History of Asbestos Exposure and Owens Corning Fiberglas Asbestos Trust Fund
The Owens Corning Fiberglas Asbestos Trust Fund was established in response to the mounting asbestos-related litigation faced by Owens Corning, a prominent manufacturer of fiberglass and other building materials. Asbestos, prized for its heat resistance and durability, was once widely used in various Owens Corning products, including insulation, roofing materials, and automotive parts.
The trust fund emerged amid Owens Corning’s bankruptcy proceedings, which were initiated to address the company’s asbestos-related liabilities. Facing numerous lawsuits from individuals suffering from asbestos-related diseases such as mesothelioma and lung cancer, Owens Corning sought bankruptcy protection to manage its legal obligations and ensure fair compensation for affected individuals.
Establishing the Owens Corning Fiberglas Asbestos Trust Fund was a crucial step in streamlining the compensation process for asbestos victims. The fund is dedicated to providing financial support to individuals harmed by exposure to Owens Corning’s asbestos-containing products. By consolidating resources and assets, the trust fund aims to fairly compensate eligible claimants while ensuring the long-term financial stability of the trust.
Since its inception, the Owens Corning Fiberglas Asbestos Trust Fund has been governed by a board of trustees responsible for overseeing claim submissions, evaluating claims, and distributing compensation to qualified beneficiaries. The trust operates transparently, adhering to established guidelines and regulations to ensure fairness and integrity in the claims process.
The creation of the Owens Corning Fiberglas Asbestos Trust Fund marks a significant milestone in the ongoing efforts to address the legacy of asbestos exposure and provide assistance to those affected by its adverse health effects. Through its mission of compensating victims and supporting their families, the trust fund upholds the values of justice, accountability, and compassion in the face of asbestos-related harm.
Occupations Exposed to Owens Corning Fiberglas Asbestos Trust Fund Asbestos Products
Auto Mechanics: Handling brakes and clutches containing asbestos fibers led to exposure during repair work, increasing the risk of asbestos-related diseases.
Boiler Technicians: Installing, repairing, or maintaining boilers with asbestos insulation increased exposure among technicians, leading to respiratory issues and other health concerns.
Construction Workers: Installing asbestos-containing materials like insulation and roofing increased exposure, leading to respiratory diseases and other asbestos-related illnesses.
Demolition Workers: Removing asbestos-containing materials during demolition projects released harmful fibers into the air, increasing the risk of exposure.
Electricians: Installing or repairing electrical systems in buildings containing asbestos insulation or wiring increased exposure to asbestos fibers.
Firefighters: Exposure to asbestos occurred during firefighting efforts in buildings with asbestos-containing materials, increasing the risk of respiratory diseases.
HVAC Technicians: Handling HVAC systems with asbestos-containing insulation or ductwork increased exposure, leading to respiratory issues and other health concerns.
Insulators: Installing asbestos insulation materials in buildings and pipes increased exposure, leading to respiratory diseases and other asbestos-related illnesses.
Machinists: Working with machinery containing asbestos components increased exposure, leading to respiratory issues and other health concerns.
Maintenance Workers: Repairing or maintaining equipment with asbestos components increased exposure, leading to respiratory diseases and other health issues.
Pipefitters: Installing or repairing pipes with asbestos insulation or gaskets increased exposure, leading to respiratory issues and other health concerns.
Plumbers: Working with pipes, boilers, and insulation containing asbestos increased exposure, leading to respiratory diseases and other asbestos-related illnesses.
Roofers: Installing or repairing roofs with asbestos-containing materials increased exposure, leading to respiratory issues and other health concerns.
Shipyard Workers: Building or repairing ships with asbestos-containing materials increased exposure, leading to respiratory diseases and other health issues.
Steamfitters: Installing or repairing steam systems with asbestos insulation or gaskets increased exposure, leading to respiratory issues and other health concerns.
Tile Setters: Working with asbestos-containing tiles or adhesives increased exposure, leading to respiratory diseases and other health concerns.
Welders: Working on metal structures with asbestos insulation or coatings increased exposure, leading to respiratory issues and other health concerns.
These occupations faced significant asbestos exposure due to handling, installing, or repairing products containing asbestos fibers, leading to various respiratory diseases and other health concerns.
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Asbestos Products Manufactured by Owens Corning Fiberglas Asbestos Trust Fund
Asbestos Insulation: Asbestos insulation was widely utilized in buildings for thermal insulation purposes, posing a risk of exposure to asbestos fibers during installation, repair, or removal.
Asbestos Roofing Shingles: Roofing shingles containing asbestos were commonly employed in construction, posing a risk of exposure to asbestos fibers during installation, repair, or removal.
Asbestos Cement: Asbestos cement products, including pipes, sheets, and boards, were prevalent in construction, posing a risk of exposure to asbestos fibers during installation, repair, or demolition.
Asbestos Floor Tiles: Floor tiles containing asbestos were frequently used in residential and commercial buildings, posing a risk of exposure to asbestos fibers during installation, repair, or removal.
Asbestos Textiles: Asbestos textiles, including fabrics and cloth, were utilized for insulation, fireproofing, and protective clothing, posing a risk of exposure to asbestos fibers during handling or use.
Asbestos Gaskets: Asbestos gaskets were utilized in machinery and equipment for sealing purposes, posing a risk of exposure to asbestos fibers during installation, repair, or replacement.
Asbestos Brake Pads: Asbestos brake pads were employed in automotive vehicles for braking purposes, posing a risk of exposure to asbestos fibers during installation, repair, or replacement.
Asbestos Joint Compound: Asbestos joint compound was utilized in construction for sealing joints and gaps, posing a risk of exposure to asbestos fibers during application, sanding, or removal.
Asbestos Fireproofing Materials: Asbestos fireproofing materials were used in buildings to provide fire resistance, posing a risk of exposure to asbestos fibers during installation, repair, or demolition.
Asbestos Electrical Wiring Insulation: Asbestos electrical wiring insulation was used in electrical systems for insulation purposes, posing a risk of exposure to asbestos fibers during installation, repair, or replacement.
Asbestos Automotive Parts: Various automotive parts, including clutch facings, brake linings, and gaskets, contained asbestos, posing a risk of exposure to asbestos fibers during installation, repair, or replacement.
Asbestos HVAC Duct Insulation: Asbestos HVAC duct insulation was utilized in heating, ventilation, and air conditioning systems for insulation purposes, posing a risk of exposure to asbestos fibers during installation, repair, or removal.
Asbestos Ceiling Tiles: Ceiling tiles containing asbestos were commonly used in buildings for acoustic and decorative purposes, posing a risk of exposure to asbestos fibers during installation, repair, or removal.
Asbestos Boiler Insulation: Boiler insulation containing asbestos was used in boilers for thermal insulation purposes, posing a risk of exposure to asbestos fibers during installation, repair, or removal.
Asbestos Steam Pipes: Steam pipes containing asbestos insulation were utilized in industrial facilities for transporting steam, posing a risk of exposure to asbestos fibers during installation, repair, or demolition.
Asbestos Vermiculite: Asbestos-contaminated vermiculite was used in insulation, construction materials, and gardening products, posing a risk of exposure to asbestos fibers during handling or use.
Asbestos Vinyl Flooring: Vinyl flooring containing asbestos was commonly used in residential and commercial buildings, posing a risk of exposure to asbestos fibers during installation, repair, or removal.
Asbestos Paint: Asbestos-containing paint was utilized for fireproofing, insulation, and corrosion resistance, posing a risk of exposure to asbestos fibers during application, sanding, or removal.
Asbestos Caulking: Asbestos-containing caulking was used in construction for sealing joints and gaps, posing a risk of exposure to asbestos fibers during application, sanding, or removal.
Asbestos Drywall: Drywall containing asbestos was used in construction for wall and ceiling applications, posing a risk of exposure to asbestos fibers during installation, repair, or demolition.
Asbestos Pipe Insulation: Pipe insulation containing asbestos was utilized in plumbing and HVAC systems for thermal insulation purposes, posing a risk of exposure to asbestos fibers during installation, repair, or removal.
Asbestos Products
Owens-Corning Products:
Fiberglass Ceiling Tiles
Fiberglass Finishing Cement 1962-1964
Fiberglass Insulating Cement
Fiberglass Kaylo 10 Block Insulation
Fiberglass Kaylo 20 Block Insulation
Fiberglass Kaylo Block Insulation
Fiberglass Kaylo Heat Insulation
Fiberglass Kaylo Insulation
Fiberglass Kaylo Pipe Covering
Fiberglass Kaylo Pipe Insulation
Fiberglass One Cote Cement
Fiberglass Ready Mix
Fiberglass Type II Mastic
Steps to Apply for Owens Corning Fiberglas Asbestos Trust Fund
To apply for the Owens Corning Fiberglas Asbestos Trust Fund, follow these steps:
- Gather Documentation: Collect relevant documents, including medical records, employment history, and evidence of exposure to Owens Corning Fiberglas asbestos products.
- Review Eligibility Criteria: Familiarize yourself with the trust fund’s eligibility requirements, which may include specific criteria related to exposure history, diagnosis of asbestos-related diseases, and statute of limitations.
- Complete Claim Form: Obtain the official claim form from the trust fund’s website or contact the trust administrator to request a copy. Fill out the form accurately and completely, providing detailed information about your exposure history and medical diagnosis.
- Attach Supporting Documents: Include all required supporting documents with your claim form, such as medical records, employment records, witness statements, and any other evidence of asbestos exposure and related illnesses.
- Submit Claim Package: Send your completed claim form and supporting documents to the trust fund administrator by mail or electronically, following the instructions provided. Ensure that you retain copies of all documents for your records.
- Await Review and Evaluation: Once your claim package is submitted, the trust fund administrator will review your application and supporting documents to assess eligibility and determine the compensation amount based on established criteria.
- Respond to Requests for Additional Information: If the trust administrator requires additional information or clarification regarding your claim, promptly provide the requested documents or respond to inquiries to facilitate the review process.
- Receive Notification of Decision: After the review process is complete, you will receive a notification informing you of the decision regarding your claim. If approved, the notification will include details of the compensation amount and any conditions or requirements.
- Acceptance of Offer: If you agree with the decision and compensation offer, follow the instructions provided to accept the offer and complete any necessary paperwork or agreements to finalize the claim.
- Receive Compensation: Upon acceptance of the offer and completion of all required documentation, the trust fund will disburse the appr
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.
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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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