Stone And Webster Asbestos Trust Fund
Asbestos Trust Funds Claims and Mesothelioma
The Stone and Webster Asbestos Trust Fund operates with a similar mandate, aiming to provide compensation to individuals adversely affected by Stone and Webster Corporation’s asbestos products. Established to manage and resolve Stone and Webster’s asbestos-related liabilities, the trust offers a structured claims process accessible to victims of Stone and Webster’s asbestos exposure, subject to specific eligibility criteria. Compensation amounts are determined based on the severity of injuries sustained and other relevant factors, with detailed guidelines available for reference on the trust’s website. Efficient management of claim submissions, reviews, and distributions is prioritized to ensure equitable compensation while maintaining the trust’s long-term financial sustainability.
Individuals impacted by Stone and Webster Corporation’s asbestos products can seek financial assistance through the Stone and Webster Asbestos Trust Fund. The trust’s commitment to fairness and transparency underscores its dedication to supporting those harmed by Stone and Webster’s asbestos products. Clear eligibility criteria and comprehensive guidelines enable tailored compensation for each claimant, addressing their unique circumstances. With a focus on fairness, adherence to established guidelines, and efficient administration of claims, the trust endeavors to fulfill its obligation to provide support to asbestos victims while safeguarding its financial viability over the long term.
Key Figures:
- Assets: [N/A]
- Payouts: [N/A]
- Average Compensation: [N/A]
- Structure: Based on injuries, lost wages, and medical expenses.
- Evaluation: Thorough review process for claim validity.
- Accountability: Commitment to fairness and adherence to guidelines.
- Support: Assistance provided to victims and families.
- Viability: Focus on long-term sustainability and stability.
Additional Information:
- Location: [N/A]
- Contact: [N/A]
- Website: [N/A]
- Managed By: [N/A]
- Active: [Active Status]
- Purpose: Provide compensation to individuals harmed by Amatex Corporation’s asbestos products.
- Claims Process: Open to victims of Amatex Corporation’s asbestos exposure.
- Qualifications: Specific eligibility criteria apply.
- Compensation: Based on injury severity and other factors.
- Transparency: Detailed guidelines and procedures available on the trust’s website.
- Administration: [Management Entity] oversees claims, submissions, and distributions.
- Mission: Ensure fair compensation while sustaining the trust.
Quick Facts About Asbestos Trust Funds
- There are over 60 active Asbestos Trust Funds set up by U.S. Courts.
- Asbestos bankruptcy reorganization can take many years to complete.
- Asbestos Trusts offer detailed information about their guidelines, qualifications, and rules.
- Representatives of current and future Mesothelioma claimants must agree to significant changes to these trusts.
- Since 1988, Asbestos trusts have paid out approximately $17.5 billion, covering over 3 million claims.
- As of 2011, Asbestos Trust Funds have a combined asset value of $36.8 billion.
- On average, victims receive 25% of their claim from Asbestos Trust Funds since 2010.
- Asbestos Trust Funds have specific Statutes of Limitations, limiting the time to file a claim.
- Mesothelioma claimants may pursue both Asbestos Trust lawsuits and Asbestos claims in some cases.
- U.S. Courts must approve the amount allocated before granting bankruptcy protection to the Asbestos Company.
- Promptly contacting a Mesothelioma lawyer is essential after diagnosis due to the 10–50-year latency period of Mesothelioma from exposure.
FAQs about the Stone and Webster Asbestos Trust Fund, Asbestos Exposure, and Asbestos Trust Fund Claims:
- What is the Stone and Webster Asbestos Trust Fund?The Stone and Webster Asbestos Trust Fund is a financial program established to manage and provide compensation to individuals harmed by Stone and Webster Corporation’s asbestos products.
- How does asbestos exposure occur?Asbestos exposure can occur when individuals inhale or ingest asbestos fibers, typically through the inhalation of airborne asbestos dust or through direct contact with asbestos-containing materials. This exposure can lead to serious health issues such as mesothelioma, lung cancer, and asbestosis.
- What types of asbestos products were manufactured by Stone and Webster Corporation?Stone and Webster Corporation produced various asbestos-containing products including insulation materials, construction products, automotive parts, and industrial equipment components.
- Who is eligible to file a claim with the Stone and Webster Asbestos Trust Fund?Eligibility criteria may include individuals diagnosed with asbestos-related diseases, as well as their family members in certain cases. Specific eligibility requirements, such as proof of exposure to Stone and Webster Corporation’s asbestos products and medical documentation, may apply.
- How can I file a claim with the Stone and Webster Asbestos Trust Fund?To file a claim, you typically need to complete and submit an official claim form provided by the trust. Along with the form, you’ll likely need to submit supporting documents such as medical records, employment history, and evidence of exposure to Stone and Webster Corporation’s asbestos products.
- What is the process for evaluating asbestos trust fund claims?Claims are typically evaluated based on established criteria, including the severity of the claimant’s asbestos-related disease, the extent of exposure to Stone and Webster Corporation’s asbestos products, and other relevant factors. Claims undergo thorough review to ensure validity and accuracy.
- How long does it take to receive compensation from the Stone and Webster Asbestos Trust Fund?The processing time for claims can vary depending on factors such as the volume of claims received and the complexity of each case. Claimants are encouraged to inquire about estimated processing times from the trust’s administrators.
- Can I appeal a decision made regarding my claim with the Stone and Webster Asbestos Trust Fund?Yes, claimants typically have the right to appeal decisions made regarding their claims. The appeals process allows claimants to provide additional evidence or address any discrepancies in the initial decision.
- Is there a deadline for filing a claim with the Stone and Webster Asbestos Trust Fund?Deadlines, known as statute of limitations, may vary depending on legal requirements and the policies of the trust. It’s important to file your claim within the specified timeframe to ensure eligibility for compensation.
- Are there resources available to assist individuals with filing claims or understanding the process?
- Yes, the Stone and Webster Asbestos Trust Fund typically provides resources such as informational materials, helplines, and support services to assist claimants throughout the claims process. Claimants can also seek assistance from legal professionals experienced in asbestos litigation.
History of Stone and Webster Asbestos Trust Fund:
The history of asbestos exposure dates back thousands of years, with early civilizations recognizing its fire-resistant properties and using it in various applications. However, widespread industrial use of asbestos began in the late 19th century during the Industrial Revolution. Asbestos became highly sought after for its affordability, flexibility, and resistance to heat, fire, and chemicals, making it a valuable component in numerous products and industries.
Throughout the 20th century, asbestos was widely used in construction materials (such as insulation, roofing, and cement), automotive parts (including brakes and clutches), shipbuilding materials, textiles, and various industrial applications. Unfortunately, the health hazards associated with asbestos exposure were not fully understood at the time. Asbestos fibers, when disturbed, can become airborne and easily inhaled or ingested, leading to serious health conditions such as mesothelioma, lung cancer, and asbestosis.
As the health risks of asbestos exposure became increasingly apparent, legal actions against asbestos manufacturers and users surged. Many companies faced overwhelming liabilities due to lawsuits from individuals harmed by asbestos exposure. In response, asbestos trusts were established to manage these liabilities and provide compensation to victims.
The Stone and Webster Asbestos Trust Fund is one such trust established to address the asbestos-related liabilities of Stone and Webster Corporation, a company heavily involved in construction, engineering, and industrial projects. The trust was created to manage and resolve claims from individuals harmed by Stone and Webster’s asbestos products, ensuring fair compensation while safeguarding the company’s financial stability.
The history of the Stone and Webster Asbestos Trust Fund reflects the broader history of asbestos exposure and its devastating impact on individuals’ health. The trust’s establishment underscores the need for accountability and support for those affected by asbestos-related diseases, while also emphasizing the importance of transparency and fairness in the claims process.
Asbestos Trust Funds: Your Path to Compensation
Asbestos Trust Funds have played a pivotal role in supporting individuals and families affected by asbestos exposure, compensating over 600,000 claimants with nearly $21 billion in payouts. Currently, there are approximately 60 active Asbestos Trust Funds, holding an estimated $32 billion in remaining assets.
These trusts were established to provide compensation to workers and their loved ones impacted by asbestos-related diseases, including the devastating Mesothelioma. When an asbestos company creates a Trust Fund, dedicated trustees oversee the distribution of settlements, determining the amounts granted to Mesothelioma claimants.
It’s important to note that settlements from Asbestos Trust Funds typically do not entail an admission of guilt by the responsible company. To navigate this complex process effectively and ensure you receive the compensation you deserve, it’s crucial to collaborate with experienced Mesothelioma trust fund lawyers. They possess the expertise needed to guide you through this journey, fighting for your rights and providing a clear path towards justice and financial support during this challenging time.
Occupations with Asbestos Exposure from Stone and Webster Asbestos Products:
Bricklayers: Handling asbestos-containing bricks, mortar, and insulation materials during construction projects led to exposure to airborne asbestos fibers through cutting, drilling, and installation activities.
Carpenters: Working with asbestos-containing construction materials such as insulation, cement, and joint compound exposed carpenters to airborne asbestos fibers during cutting, sanding, and installation activities.
Construction Workers: Engaging in various construction tasks involving asbestos-containing materials like insulation, roofing, and cement exposed workers to asbestos fibers released during demolition, renovation, and construction activities.
Demolition Workers: Demolishing buildings constructed with asbestos-containing materials like insulation, flooring, and roofing released asbestos fibers into the air, exposing workers during demolition activities.
Electricians: Installing, repairing, and maintaining electrical systems in buildings constructed with asbestos-containing materials exposed electricians to asbestos dust released during drilling, cutting, and handling electrical conduits and insulation.
Firefighters: Responding to fires in buildings constructed with asbestos-containing materials released asbestos fibers into the air, exposing firefighters to asbestos dust during fire suppression and rescue operations.
HVAC Technicians: Working with asbestos-containing insulation and duct materials while installing, repairing, and maintaining heating, ventilation, and air conditioning systems led to exposure to airborne asbestos fibers.
Industrial Engineers: Overseeing projects in industrial settings where asbestos-containing materials were used exposed engineers to asbestos fibers released during installation, maintenance, and demolition activities.
Insulation Installers: Handling asbestos-containing insulation materials during installation in buildings, pipes, and boilers exposed insulation installers to asbestos fibers released during cutting, fitting, and installation processes.
Maintenance Workers: Performing maintenance tasks on buildings and industrial equipment insulated with asbestos-containing materials exposed workers to asbestos fibers released during repair and maintenance activities.
Pipefitters: Installing and repairing pipes in industrial settings exposed pipefitters to asbestos insulation used in pipe insulation, gaskets, and fittings, resulting in exposure to asbestos fibers during maintenance activities.
Plumbers: Installing, repairing, and maintaining plumbing systems involved working with asbestos-containing materials such as pipe insulation, cement, and joint compound, leading to exposure to airborne asbestos fibers.
Power Plant Workers: Operating, maintaining, and repairing equipment in power plants, including boilers and turbines insulated with asbestos, led to exposure to asbestos fibers released during maintenance or repair work.
Railroad Workers: Working on trains and railroad infrastructure exposed workers to asbestos used in locomotive parts, insulation, and gaskets, as well as in railroad buildings constructed with asbestos-containing materials.
Roofers: Installing, repairing, and removing roofs made with asbestos-containing materials like roofing tiles, shingles, and insulation exposed roofers to asbestos fibers released during installation and demolition activities.
Shipyard Workers: Building, repairing, and dismantling ships exposed workers to asbestos insulation used in ship construction, as well as asbestos-containing materials in pipes, boilers, and gaskets.
Steelworkers: Working in steel mills exposed workers to asbestos used as insulation in furnaces, boilers, pipes, and other equipment, as well as in protective clothing and safety gear.
Tile Setters: Working with asbestos-containing tiles and flooring materials during installation exposed tile setters to asbestos fibers released when cutting, sanding, or handling the tiles.
Welders: Welding and cutting metal structures, including those insulated with asbestos, released asbestos fibers into the air, exposing welders to asbestos dust during fabrication and repair activities.
Warehouse Workers: Handling asbestos-containing materials stored in warehouses, such as insulation, roofing materials, and automotive parts, led to exposure to asbestos fibers through handling, moving, and storage activities.
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Stone and Webster Asbestos Products with Asbestos Exposure:
Asbestos Cement: Commonly used in construction for roofing, siding, and piping, asbestos cement products posed a risk of exposure when cut, drilled, or disturbed, releasing asbestos fibers into the air.
Asbestos Insulation: Used in buildings, ships, and industrial equipment for its heat resistance, asbestos insulation could release harmful fibers when disturbed during installation, maintenance, or demolition.
Asbestos Fireproofing Spray: Applied to structural steel, ceilings, and walls for fire protection in buildings, asbestos fireproofing spray could release harmful fibers if disturbed or deteriorated over time.
Asbestos Brake Pads and Clutches: Found in vehicles manufactured before regulations restricted asbestos use, brake pads and clutches contained asbestos fibers that could become airborne during maintenance, repair, or replacement procedures.
Asbestos Electrical Insulation: Found in electrical wiring, panels, and equipment, asbestos electrical insulation could release fibers when damaged or disturbed during installation, maintenance, or repair work.
Asbestos Gaskets and Seals: Found in various industrial machinery and equipment, asbestos gaskets and seals deteriorate over time, releasing asbestos fibers into the air during maintenance, repair, or replacement activities.
Asbestos Joint Compound: Used in drywall installation and repair, asbestos joint compound could release fibers into the air when sanded, creating dust that poses a risk of inhalation exposure to asbestos.
Asbestos Roofing Materials: Roofing materials such as shingles and tiles containing asbestos were widely used in construction, posing a risk of exposure to workers during installation, repair, or removal activities.
Asbestos Textiles: Asbestos textiles, including cloth, rope, and tape, were used in various industrial applications for their heat-resistant properties, but could release asbestos fibers when handled or disturbed.
Asbestos Tiles and Flooring: Used in residential and commercial buildings for flooring and tiling, asbestos-containing tiles and flooring materials could release asbestos fibers when cut, sanded, or removed during renovation or demolition.
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.
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.
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Steps to Apply for Stone and Webster Asbestos Trust Fund Compensation:
1. Gather Documentation: Collect all relevant documents, including medical records, proof of diagnosis, employment history, and any other evidence of exposure to Stone and Webster Corporation’s asbestos products and resulting damages.
2. Confirm Eligibility: Ensure that you meet the eligibility criteria for compensation from the Stone and Webster Asbestos Trust Fund. Criteria may include specific medical diagnoses related to asbestos exposure and eligibility within the trust’s defined scope.
3. Complete Application Form: Obtain the official application form from the trust’s website or administrative office. Fill out the form accurately and completely, providing all requested information and documentation.
4. Submit Application: Submit your completed application form along with supporting documents to the designated address or online portal specified by the trust. Ensure that all required materials are included to avoid delays in processing.
5. Await Review: Allow time for the trust to review your application. The processing time may vary depending on the volume of applications received and the complexity of your case.
6. Provide Additional Information if Requested: If the trust requires additional information or documentation to evaluate your claim, promptly provide the requested materials to expedite the review process.
7. Receive Decision: Once your application has been reviewed, you will receive a decision regarding your eligibility for compensation from the Stone and Webster Asbestos Trust Fund. This decision will outline the amount of compensation, if any, awarded to you.
8. Accept or Appeal Decision: If you are satisfied with the decision and offered compensation, follow the instructions provided to accept the offer. If you disagree with the decision, you may have the option to appeal or seek further review.
9. Receive Compensation: If your claim is approved and all requirements are met, you will receive compensation from the trust according to the terms outlined in the decision letter.
10. Comply with Reporting Requirements: Maintain compliance with any reporting requirements or obligations specified by the trust to ensure ongoing eligibility for compensation and facilitate transparency in fund management.
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 Stone and Webster 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.
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.
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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