Raytech-(Raybestos) Asbestos Trust Fund
Asbestos Trust Funds Claims and Mesothelioma
Amidst escalating asbestos-related litigation, Raytech-(Raybestos), a prominent manufacturer, established the Raytech-(Raybestos) Asbestos Trust Fund to address its liabilities. Initiated during the company’s bankruptcy proceedings, the trust fund dedicates assets to compensate individuals affected by Raytech-(Raybestos)’s asbestos-containing products. Since its inception, the trust fund has focused on providing fair compensation to victims of asbestos exposure and associated diseases.
Occupational Exposure to Asbestos: Raytech-(Raybestos)’s utilization of asbestos in manufacturing various products led to significant occupational exposure. Workers in occupations like automotive repair, construction, and manufacturing faced heightened risks of exposure due to asbestos incorporation in brake linings, gaskets, and insulation materials.
Trust Fund Administration: The Raytech-(Raybestos) Asbestos Trust Fund is meticulously managed by a dedicated team of trustees and overseen by a reputable trust management firm. It evaluates claims thoroughly to ensure eligible individuals receive compensation commensurate with 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 Raytech-(Raybestos)’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
Automobile Mechanics: Automobile mechanics were exposed to asbestos while handling brake pads, clutches, and gaskets containing asbestos during installation and repair, leading to inhalation of asbestos fibers and increased risk of respiratory diseases.
Boilermakers: Boilermakers encountered asbestos exposure while working with insulation materials and gaskets containing asbestos during installation and repair of boilers, leading to inhalation of asbestos fibers and elevated risk of respiratory illnesses.
Construction Workers: Construction workers were exposed to asbestos while handling insulation materials, roofing products, and cement containing asbestos during construction and renovation projects, leading to inhalation of asbestos fibers and increased risk of asbestos-related diseases.
Factory Workers: Factory workers encountered asbestos exposure while manufacturing asbestos-containing products, such as insulation materials and gaskets, leading to inhalation of asbestos fibers during production processes and increased risk of respiratory diseases.
Firefighters: Firefighters faced asbestos exposure from asbestos-containing fireproof clothing and insulation materials during firefighting operations, leading to inhalation of asbestos fibers and heightened risk of respiratory illnesses.
Insulation Installers: Insulation installers were exposed to asbestos while handling insulation materials containing asbestos during installation and repair tasks, leading to inhalation of asbestos fibers and increased risk of asbestos-related diseases.
Maintenance Workers: Maintenance workers encountered asbestos exposure while handling insulation materials, gaskets, and brake components containing asbestos during repair and maintenance tasks, leading to inhalation of asbestos fibers and elevated risk of respiratory illnesses.
Manufacturing Workers: Manufacturing workers were exposed to asbestos while producing asbestos-containing products, such as insulation materials and friction components, leading to inhalation of asbestos fibers during manufacturing processes and increased risk of asbestos-related diseases.
Miners: Miners encountered asbestos exposure while extracting asbestos-containing minerals from mines, leading to inhalation of asbestos fibers during mining operations and heightened risk of asbestos-related diseases.
Plumbers: Plumbers faced asbestos exposure while handling insulation materials and gaskets containing asbestos during installation and repair of plumbing systems, leading to inhalation of asbestos fibers and increased risk of respiratory illnesses.
Power Plant Workers: Power plant workers were exposed to asbestos while working with insulation materials and gaskets containing asbestos in power generation equipment, leading to inhalation of asbestos fibers during maintenance tasks and increased risk of asbestos-related diseases.
Refinery Workers: Refinery workers encountered asbestos exposure while handling insulation materials and gaskets containing asbestos in refining equipment, leading to inhalation of asbestos fibers during maintenance tasks and increased risk of respiratory illnesses.
Roofers: Roofers were exposed to asbestos while handling roofing materials containing asbestos during installation and repair of roofs, leading to inhalation of asbestos fibers and heightened risk of asbestos-related diseases.
Shipyard Workers: Shipyard workers faced asbestos exposure while working with insulation materials and gaskets containing asbestos in shipbuilding and repair activities, leading to inhalation of asbestos fibers and increased risk of respiratory illnesses.
Steel Mill Workers: Steel mill workers encountered asbestos exposure while handling insulation materials and gaskets containing asbestos in steel production facilities, leading to inhalation of asbestos fibers during maintenance tasks and increased risk of asbestos-related diseases.
Textile Workers: Textile workers were exposed to asbestos while handling asbestos-containing textiles in textile manufacturing processes, leading to inhalation of asbestos fibers during production activities and increased risk of respiratory illnesses.
Tile Setters: Tile setters encountered asbestos exposure while handling insulation materials and gaskets containing asbestos during tile installation and repair, leading to inhalation of asbestos fibers and heightened risk of asbestos-related diseases.
Veterans: Military veterans were exposed to asbestos during service in ships, aircraft, and military installations containing asbestos-containing materials, leading to inhalation of asbestos fibers and increased risk of asbestos-related diseases.
Warehouse Workers: Warehouse workers faced asbestos exposure while handling insulation materials, gaskets, and brake components containing asbestos during storage and transportation, leading to inhalation of asbestos fibers and heightened risk of respiratory illnesses.
Welders: Welders encountered asbestos exposure while working with insulation materials and welding blankets containing asbestos during welding operations, leading to inhalation of asbestos fibers and increased risk of asbestos-related diseases.
Workers in Foundries: Workers in foundries were exposed to asbestos while handling insulation materials and gaskets containing asbestos in metal casting processes, leading to inhalation of asbestos fibers during manufacturing tasks and increased risk of respiratory illnesses.