WebJun 23, 2024 · (1) Any defendant may proceed by Order to Show Cause (“OSC”) in the Court hearing such asbestos action setting forth the names of additional Asbestos Trusts against which the plaintiff has not made, but which the defendant in good faith believes the claimant can make a successful claim. WebMar 2, 2024 · Congoleum Corporation made asbestos flooring materials from the late 1940s until the mid-1980s. The company faced asbestos litigation that forced it into bankruptcy in 2003. In 2010, it established a …
Trusts - Verus LLC
WebTrusts. ABB Lummus Global Inc. 524 (g) Asbestos Personal Injury Trust. A-Best Asbestos Settlement Trust. AC&S Asbestos Settlement Trust. ARTRA 524 (g) Asbestos Trust. ASARCO Asbestos Personal Injury Settlement Trust. Brauer 524 (g) Asbestos Trust. Burns & Roe Asbestos Personal Injury Settlement Trust. Christy Refractories … http://www.federalmogulasbestostrust.com/wp-content/uploads/2015/04/Federal-Mogul-TDP-FINAL-APPROVED-AUGUST-2010-D0184775.pdf razer toaster announcement
Products, Lawsuits & Trust Fund - asbestos
WebJan 31, 2024 · The heavy and prolonged use of asbestos led to hundreds of thousands of mesothelioma and lung cancer lawsuits filed against Turner & Newall and the parent company that bought it in 1998, Federal-Mogul. Although Turner & Newall was a British company, the purchase by Federal-Mogul brought many of the cases to the U.S. WebSep 13, 2024 · By the 1980s, HK Porter was facing more than 100,000 asbestos-related lawsuits (including personal injury, property damage and wrongful death) and paid more than $200 million asbestos legal settlements. The company filed for Chapter 11 bankruptcy protection in 1991. The H.K. Porter asbestos trust was launched in 1998 with $77 million. WebMar 10, 2024 · Development of NARCO Asbestos Trust. NARCO filed for Chapter 11 bankruptcy in 2002. It emerged from bankruptcy and reorganized in 2008. Reorganization established the NARCO Asbestos Trust on April 30, 2013, with initial funding in the amount of $6.32 billion. The trust reportedly paid out more than $100 million in its first year. simpsonowie freedisc