Owens Corning Fibreboard Asbestos Subfund
Asbestos Trust Funds Claims and Mesothelioma
In response to the surge of asbestos-related litigation, Owens Corning Fibreboard, a notable manufacturer, established the Owens Corning Fibreboard Asbestos Subfund to address its asbestos-related liabilities. Initiated amid the company’s bankruptcy proceedings, the subfund allocates a significant portion of its assets to compensate individuals adversely affected by Owens Corning Fibreboard’s asbestos-containing products. Since its establishment, the subfund has prioritized providing just and equitable compensation to victims of asbestos exposure and associated illnesses.
Occupational Exposure to Asbestos: Owens Corning Fibreboard’s extensive 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 Fibreboard Asbestos Subfund 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 Fibreboard’s 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 Fibreboard Asbestos Subfund, Asbestos Exposure, and Mesothelioma Lawsuits:
1. What is the Owens Corning Fibreboard Asbestos Subfund? The Owens Corning Fibreboard Asbestos Subfund is a compensation fund established to address liabilities related to asbestos exposure caused by products manufactured by Owens Corning Fibreboard.
2. What is asbestos exposure, and how does it occur? Asbestos exposure occurs when individuals inhale or ingest asbestos fibers released into the air. This exposure often happens during the handling, installation, or removal of asbestos-containing materials in construction, shipbuilding, and other industries.
3. What health risks are associated with asbestos exposure? Exposure to asbestos fibers can lead to serious health conditions such as mesothelioma, lung cancer, and asbestosis. These diseases typically develop after prolonged exposure to asbestos fibers, often over several decades.
4. What is mesothelioma, and how is it linked to asbestos exposure? Mesothelioma is a rare and aggressive form of cancer that affects the lining of the lungs, abdomen, or heart. It is primarily caused by inhaling or ingesting asbestos fibers, with symptoms typically appearing 20 to 50 years after exposure.
5. Who is eligible to file a claim with the Owens Corning Fibreboard Asbestos Subfund? Individuals who have been diagnosed with asbestos-related diseases such as mesothelioma, lung cancer, or asbestosis and can demonstrate exposure to Owens Corning Fibreboard’s asbestos-containing products may be eligible to file a claim.
6. How can I determine if I have been exposed to Owens Corning Fibreboard’s asbestos-containing products? If you have worked in industries such as construction, shipbuilding, or manufacturing and have been exposed to insulation materials, roofing products, or other construction supplies, you may have encountered Owens Corning Fibreboard’s asbestos-containing products.
7. What steps should I take if I believe I have been exposed to asbestos or developed an asbestos-related illness? If you believe you have been exposed to asbestos or developed an asbestos-related illness such as mesothelioma, it is essential to seek medical attention from a healthcare professional experienced in diagnosing and treating asbestos-related diseases. Additionally, consider consulting with legal experts familiar with asbestos litigation to explore your options for seeking compensation.
8. How does the claims process work with the Owens Corning Fibreboard Asbestos Subfund? The claims process typically involves submitting documentation of your diagnosis, medical records, and evidence of exposure to Owens Corning Fibreboard’s asbestos-containing products. Claims are evaluated based on established criteria, and compensation is determined accordingly.
9. Is there a deadline for filing a claim with the Owens Corning Fibreboard Asbestos Subfund? While specific deadlines may vary, it is crucial to file your claim as soon as possible after a diagnosis of an asbestos-related illness. Delays in filing may impact your eligibility for compensation.
10. How can I get more information about the Owens Corning Fibreboard Asbestos Subfund and the claims process? For more information about the Owens Corning Fibreboard Asbestos Subfund and the claims process, you can visit the fund’s website, consult with legal professionals specializing in asbestos litigation, or reach out to the fund’s administrators for assistance.
History of Asbestos Exposure and Owens Corning Fibreboard Asbestos Subfund
The Owens Corning Fibreboard Asbestos Subfund was established amidst escalating asbestos-related litigation targeting Owens Corning, a leading manufacturer in the construction industry. Asbestos, valued for its fire-resistant properties, was extensively used in Owens Corning’s products, including insulation, roofing materials, and siding.
Facing a deluge of lawsuits from individuals suffering from asbestos-related diseases like mesothelioma and lung cancer, Owens Corning took the step of initiating bankruptcy proceedings to address its mounting liabilities. This strategic move aimed to manage the company’s legal obligations and ensure fair compensation for affected individuals.
The establishment of the Owens Corning Fibreboard Asbestos Subfund was a pivotal development within the framework of Owens Corning’s bankruptcy reorganization. This subfund was specifically tailored to handle claims related to asbestos exposure resulting from Owens Corning Fibreboard products, consolidating resources to provide efficient and equitable compensation to eligible claimants.
Since its inception, the Owens Corning Fibreboard Asbestos Subfund has been governed by a board of trustees tasked with overseeing the claims process. This includes evaluating claim submissions, disbursing compensation, and ensuring compliance with established guidelines and regulations to uphold fairness and transparency.
The creation of the Owens Corning Fibreboard Asbestos Subfund represents a significant commitment to addressing the consequences of asbestos exposure and providing support to affected individuals and their families. Through its mission of delivering just compensation and fostering trust in the claims process, the subfund continues to play a crucial role in fulfilling Owens Corning’s obligations in the aftermath of asbestos-related litigation.
Asbestos Products Manufactured by Owens Corning Fibreboard Asbestos Subfund
Asbestos Insulation: Widely used in buildings for thermal insulation, asbestos insulation posed risks during installation, maintenance, and removal, releasing airborne fibers that workers and occupants could inhale, leading to potential health issues.
Asbestos Roofing Shingles: Installed on roofs for their durability, asbestos roofing shingles could release harmful fibers when cut, drilled, or disturbed during installation, repair, or demolition, exposing workers and homeowners to asbestos.
Asbestos Ceiling Tiles: Found in buildings for acoustic and fireproofing purposes, asbestos ceiling tiles posed risks during installation, renovation, or damage, releasing asbestos fibers into the air, potentially exposing occupants and workers to inhalation hazards.
Asbestos Cement Siding: Used in construction for its durability, asbestos cement siding posed risks during installation, cutting, or removal, releasing asbestos fibers into the air that workers and residents could inhale, leading to health risks.
Asbestos Floor Tiles: Commonly used in buildings for their durability, asbestos floor tiles posed risks during installation, repair, or removal, as cutting or sanding could release asbestos fibers into the air, endangering workers and occupants.
Asbestos Pipe Insulation: Used to insulate pipes for thermal protection, asbestos pipe insulation posed risks during installation, maintenance, or removal, releasing asbestos fibers into the air when disturbed, exposing workers to inhalation hazards.
Asbestos Adhesive: Utilized in various applications for bonding materials, asbestos adhesive posed risks during application, removal, or renovation, releasing asbestos fibers into the air when disturbed, potentially exposing workers and occupants to inhalation hazards.
Asbestos Joint Compound: Used in construction for sealing joints and seams, asbestos joint compound posed risks during application, sanding, or removal, releasing asbestos fibers into the air that workers and occupants could inhale, leading to health risks.
Asbestos Fireproofing Spray: Applied to surfaces for fire protection, asbestos fireproofing spray posed risks during application, repair, or removal, releasing asbestos fibers into the air when disturbed, potentially exposing workers and occupants to inhalation hazards.
Asbestos Gaskets: Used in machinery and equipment for sealing purposes, asbestos gaskets posed risks during installation, maintenance, or repair, releasing asbestos fibers when disturbed, exposing workers to inhalation hazards in industrial settings.
Asbestos Brake Pads: Installed in vehicles for braking purposes, asbestos brake pads posed risks during installation, repair, or replacement, as abrasion or friction could release asbestos fibers into the air, endangering mechanics and auto workers.
Asbestos Automotive Parts: Found in various vehicle components, asbestos automotive parts posed risks during manufacturing, repair, or maintenance, releasing asbestos fibers when disturbed, potentially exposing workers and mechanics to inhalation hazards.
Asbestos Textiles: Used in textiles for heat resistance and insulation, asbestos textiles posed risks during handling, cutting, or manipulation, releasing asbestos fibers into the air when disturbed, endangering workers and textile industry personnel.
Asbestos Packing Materials: Utilized in machinery for sealing and insulation, asbestos packing materials posed risks during installation, maintenance, or repair, releasing asbestos fibers when disturbed, exposing workers to inhalation hazards in industrial settings.
Asbestos Electrical Wiring Insulation: Found in electrical systems for insulation, asbestos electrical wiring insulation posed risks during installation, repair, or renovation, releasing asbestos fibers when disturbed, potentially exposing electricians and maintenance workers to inhalation hazards.
Asbestos Boiler Insulation: Used to insulate boilers for thermal protection, asbestos boiler insulation posed risks during installation, maintenance, or repair, releasing asbestos fibers when disturbed, exposing workers to inhalation hazards in industrial settings.
Asbestos Duct Insulation: Installed in HVAC systems for insulation, asbestos duct insulation posed risks during installation, repair, or removal, releasing asbestos fibers into the air when disturbed, potentially exposing workers and technicians to inhalation hazards.
Asbestos Stove Insulation: Utilized in stoves and ovens for heat resistance, asbestos stove insulation posed risks during manufacturing, installation, or repair, releasing asbestos fibers when disturbed, endangering workers and appliance installers.
Asbestos Fire Doors: Used in buildings for fire protection, asbestos fire doors posed risks during installation, repair, or removal, as cutting or drilling could release asbestos fibers into the air, potentially exposing workers and occupants to inhalation hazards.
Asbestos Heat Resistant Gloves: Worn by workers in high-temperature environments, asbestos heat-resistant gloves posed risks during manufacturing, use, or disposal, releasing asbestos fibers when worn or damaged, endangering workers in industrial settings.
Asbestos Coated Fabrics: Used in various applications for heat resistance, asbestos-coated fabrics posed risks during handling, cutting, or manipulation, releasing asbestos fibers into the air when disturbed, endangering workers in textile and manufacturing industries.
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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Occupations Exposed to Owens Corning Fibreboard Asbestos Subfund
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.
Steps to Apply for Owens Corning Fibreboard Asbestos Subfund
To apply for compensation from the Owens Corning Fibreboard Asbestos Subfund, follow these steps:
Gather Documentation: Collect any relevant documents related to your asbestos exposure, such as employment records, medical records, and evidence of product usage.
Confirm Eligibility: Review the eligibility criteria outlined by the Owens Corning Fibreboard Asbestos Subfund to ensure you meet the requirements for filing a claim.
Complete Claim Forms: Obtain the necessary claim forms from the trust fund’s website or contact their administrative office. Fill out the forms accurately and thoroughly, providing detailed information about your exposure and resulting illness.
Include Supporting Evidence: Attach copies of supporting documentation, such as medical diagnoses, employment history, and any other records that substantiate your claim.
Submit Claim Package: Compile all completed forms and supporting documents into a comprehensive claim package. Ensure that everything is organized and clearly labeled.
Review Submission Guidelines: Review the submission guidelines provided by the Owens Corning Fibreboard Asbestos Subfund to ensure your claim package adheres to all requirements and deadlines.
Submit Claim Package: Send your completed claim package to the designated address specified by the trust fund. Consider using certified mail or a reputable courier service to track delivery.
Await Review and Decision: After submitting your claim, the trust fund will review your application and supporting documentation. Be prepared to wait for a response, as processing times may vary.
Respond to Requests for Additional Information: If the trust fund requires additional information or clarification regarding your claim, promptly provide the requested documents or details to facilitate the review process.
Receive Compensation: Upon approval of your claim, the Owens Corning Fibreboard Asbestos Subfund will determine the amount of compensation you are entitled to receive based on the severity of your illness and other relevant factors. Once approved, compensation will be disbursed according to the trust fund’s distribution schedule.
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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