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


Frequently Asked Questions about Raytech-(Raybestos) Asbestos Trust Fund, Asbestos Exposure, and Mesothelioma Lawsuits

What is the Raytech-(Raybestos) Asbestos Trust Fund? The Raytech-(Raybestos) Asbestos Trust Fund was established to address liabilities related to asbestos exposure from Raytech-(Raybestos) products. It provides compensation to individuals suffering from asbestos-related diseases.

What types of asbestos exposure are covered by the trust fund? The trust fund covers occupational and non-occupational asbestos exposure resulting from the use of Raytech-(Raybestos) products in various industries.

How does asbestos exposure occur? Asbestos exposure can occur through inhalation or ingestion of asbestos fibers released into the air from damaged or deteriorating asbestos-containing materials.

What diseases are associated with asbestos exposure? Asbestos exposure can lead to diseases such as mesothelioma, lung cancer, asbestosis, and other respiratory conditions.

Who is eligible to file a claim with the Raytech-(Raybestos) Asbestos Trust Fund? Individuals diagnosed with asbestos-related diseases and who can demonstrate exposure to Raytech-(Raybestos) products may be eligible to file a claim.

How does the claims process work? The claims process involves submitting documentation of diagnosis and exposure history to the trust fund administrators for evaluation and compensation determination.

Is there a deadline for filing a claim with the trust fund? Yes, there may be deadlines or statutes of limitations for filing claims with the trust fund. It is essential to consult legal counsel or the trust fund administrators for specific deadlines.

What compensation can claimants expect to receive? Compensation from the trust fund varies based on factors such as the severity of the disease, extent of exposure, and other relevant circumstances.

How transparent is the trust fund’s administration process? The trust fund operates transparently, with detailed guidelines available online. Claimants can access information about the claims process, eligibility criteria, and compensation determinations.

What support services are available for victims and their families? The trust fund provides comprehensive assistance for victims and their families, including access to medical resources, legal support, and counseling services.

How does the trust fund ensure fairness and accountability? The trust fund’s administration adheres to established guidelines and regulations to ensure fairness and accountability in evaluating claims and distributing compensation.


History of Raytech-(Raybestos) Asbestos Trust Fund

The Raytech-(Raybestos) Asbestos Trust Fund originated from the extensive use of asbestos in various industries, including the manufacturing of automotive and industrial products by Raytech-(Raybestos). Asbestos, valued for its heat resistance and durability, was incorporated into numerous products, exposing workers to its health risks.

As awareness of the dangers of asbestos exposure grew, individuals affected by Raytech-(Raybestos) products filed lawsuits alleging asbestos-related diseases such as mesothelioma and lung cancer. In response to the escalating litigation and financial challenges, Raytech-(Raybestos) sought bankruptcy protection to manage its asbestos-related liabilities.

During its bankruptcy proceedings, the Raytech-(Raybestos) Asbestos Trust Fund was established to address the company’s asbestos-related claims and ensure fair compensation for affected individuals. The creation of the trust fund aimed to streamline the claims resolution process and provide structured assistance to those impacted by asbestos exposure.

Since its establishment, the Raytech-(Raybestos) Asbestos Trust Fund has been overseen by trustees responsible for evaluating claims and distributing compensation to eligible claimants. The trust fund remains committed to transparency and fairness, operating in accordance with established guidelines and regulations governing asbestos litigation trusts.

The history of the Raytech-(Raybestos) Asbestos Trust Fund highlights Raytech-(Raybestos)’s acknowledgment of its responsibility to address the consequences of asbestos exposure. By providing dedicated compensation resources, the trust fund aims to fulfill its obligations while supporting individuals affected by asbestos-related diseases and their families.


Asbestos Products Manufactured by Raytech-(Raybestos) Asbestos Trust Fund 

Brake Pads: Asbestos-containing brake pads were commonly used in automotive vehicles, exposing mechanics and auto workers to asbestos fibers during installation and maintenance, leading to respiratory illnesses like mesothelioma.

Clutch Facings: Clutch facings manufactured by Raytech-(Raybestos) contained asbestos, posing a risk of exposure to auto mechanics and workers during installation and replacement, potentially leading to asbestos-related diseases.

Gaskets: Asbestos gaskets were utilized in engines and industrial machinery, exposing workers to asbestos fibers during installation and repair, increasing the risk of asbestos-related diseases such as mesothelioma and lung cancer.

Heat Insulation Materials: Asbestos-containing heat insulation materials were used in various industrial settings, leading to occupational exposure among workers during installation, repair, and maintenance, contributing to asbestos-related diseases like mesothelioma.

Hydraulic Brakes: Hydraulic brake systems in vehicles contained asbestos, posing a risk of exposure to auto mechanics and workers during installation and repair, potentially leading to respiratory illnesses such as mesothelioma.

Insulation Boards: Insulation boards manufactured by Raytech-(Raybestos) contained asbestos, exposing construction workers and installers to asbestos fibers during handling and installation, increasing the risk of respiratory diseases like mesothelioma.

Insulation Wraps: Asbestos insulation wraps were used in piping and ductwork, exposing workers to asbestos fibers during installation and repair, leading to respiratory illnesses such as mesothelioma and lung cancer.

Millboard: Asbestos millboard, a fire-resistant material, was utilized in various industrial applications, leading to occupational exposure among workers during handling and installation, increasing the risk of asbestos-related diseases.

Packing Materials: Asbestos packing materials were used in industrial machinery and equipment, leading to exposure among workers during installation and repair, contributing to asbestos-related illnesses like mesothelioma and asbestosis.

Roofing Materials: Asbestos-containing roofing materials were used in construction, leading to exposure among roofers and construction workers during installation and repair, increasing the risk of asbestos-related diseases.

Transmission Components: Transmission components in vehicles contained asbestos, posing a risk of exposure to auto mechanics and workers during installation and repair, potentially leading to respiratory illnesses such as mesothelioma.

Valve Rings: Asbestos valve rings were used in industrial valves and equipment, leading to exposure among workers during installation and repair, contributing to asbestos-related illnesses like mesothelioma and lung cancer.

Welding Blankets: Asbestos-containing welding blankets were used for heat protection in welding operations, leading to occupational exposure among welders and workers during handling and use, increasing the risk of asbestos-related diseases.

Insulation Blocks: Asbestos insulation blocks were utilized in various industrial applications, leading to exposure among workers during handling and installation, contributing to asbestos-related diseases such as mesothelioma and asbestosis.

Cement Products: Asbestos-containing cement products were used in construction, leading to exposure among construction workers during handling and installation, increasing the risk of asbestos-related illnesses like mesothelioma.

Friction Materials: Asbestos-containing friction materials were used in automotive and industrial applications, leading to exposure among mechanics and workers during installation and repair, contributing to asbestos-related diseases.

Seals and Gaskets: Asbestos seals and gaskets were used in engines and industrial machinery, leading to exposure among workers during installation and repair, increasing the risk of asbestos-related illnesses.

Insulation Sprays: Asbestos-containing insulation sprays were used in construction and industrial settings, leading to exposure among workers during application and repair, contributing to asbestos-related diseases like mesothelioma.

Fireproof Clothing: Asbestos-containing fireproof clothing was worn by firefighters and industrial workers, leading to exposure during use and handling, increasing the risk of asbestos-related diseases.

Soundproofing Materials: Asbestos-containing soundproofing materials were used in construction and industrial settings, leading to exposure among workers during installation and repair, contributing to asbestos-related illnesses.

Ceiling Tiles: Asbestos-containing ceiling tiles were used in construction, leading to exposure among construction workers and installers during handling and installation, increasing the risk of asbestos-related diseases.


Find Out If You Qualify Today!

Chat Now – Click Chat Banner to Start a Live Chat!

Call Now – Our Nationwide Toll-Free Mesothelioma Helpline Number is 888.640.0914


Occupations Exposed to Raytech-(Raybestos) Asbestos Trust Fund

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.


Steps to Apply for Raytech-(Raybestos) Asbestos Trust Fund

To apply for compensation from the Raytech-(Raybestos) Asbestos Trust Fund, follow these steps:

1. Obtain Medical Documentation: Gather medical records confirming diagnosis of asbestos-related illness, including mesothelioma, lung cancer, or asbestosis, from a qualified medical professional.

2. Verify Eligibility: Review the trust fund’s eligibility criteria to ensure you meet the requirements for compensation, including exposure to Raytech-(Raybestos) asbestos-containing products.

3. Complete Claim Forms: Obtain and complete the required claim forms provided by the trust fund. Provide accurate information about your employment history, asbestos exposure, and medical diagnosis.

4. Include Supporting Documents: Attach relevant documents, such as employment records, medical reports, and any other evidence supporting your claim of exposure to Raytech-(Raybestos) asbestos products.

5. Submit Claim Package: Send the completed claim forms and supporting documents to the address specified by the trust fund. Ensure all required information is included to avoid delays in processing.

6. Await Review: Allow time for the trust fund administrators to review your claim. Claims undergo thorough evaluation to determine eligibility and compensation amounts based on severity of illness and exposure.

7. Respond to Requests for Additional Information: If requested, provide any additional information or documentation promptly to support your claim and facilitate the review process.

8. Receive Decision: Upon completion of the review process, you will receive a decision regarding your claim. If approved, you will be notified of the compensation amount and next steps.

9. Acceptance of Offer: If you agree with the compensation offer, follow the instructions provided by the trust fund to accept the offer and receive your compensation.

10. Appeals Process (if applicable): If your claim is denied or if you disagree with the compensation amount, you may have the option to appeal the decision. Follow the appeals process outlined by the trust fund.


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.

TO GET HELP – Our Nationwide Toll-Free Mesothelioma Helpline Number is 888.640.0914


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.

Call TOLL-FREE 888.640.0914 now to talk with a live Mesothelioma Counselor that can answer your questions and give you the peace of mind that you need.

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.

Disfigurement Damages (past and future)
Economic Damages (past and future)
End of Life Cost Damages
Exemplary Damages
Funeral Expense Damages
Future Economic Damages
General Damages
Gross Negligence Damages
Loss of Companionship
Loss of Consortium Damages
Loss of Earning Capacity Damages
Loss of Life Damages
Loss of Wages Damages (past and future)
Medical Expense Damages
Mental Anguish Damages
Monetary Compensation Damages
Nominal Damages
Non-Economic Damages
Pain and Suffering Damages
Pecuniary and Non-Pecuniary Damages
Physical Impairment Damages (past and future)
Punitive Damages
Treble Damages
Workers Compensation Damages
Wrongful Death Claims

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.

24 Hour Call Back Guarantee!

Mesothelioma Lawsuit Damages - Loss of wagesComplete our free Mesothelioma case evaluation form, and one of our case representatives will call you within 24 hours to assist in starting your claim immediately, at no cost to you.

For immediate assistance, you can also reach us by calling our Mesothelioma Toll-Free Helpline at 888.640.0914 or using our 24-Hour Live Chat. Get help today!

Call Today! 888.640.0914 – Chat Available 24/7 – 365 Days a Year!

Get Help Today!

Raytech-(Raybestos) Asbestos Trust Fund