Asbestos Trust Funds
The sole purpose of Asbestos Trust Funds is to compensate people who have been injured by exposure to asbestos
There is over $30 billion in funding for these Trusts
There are now over 30 different companies who previously supplied asbestos-containing products throughout the USA and Canada that have established Trust Funds in the USA to compensate the victims of asbestos disease. The sole purpose of these Trust Funds is to compensate people who have been injured by exposure to asbestos. There is over $30 billion in funding for these Trusts.
The Trusts are required to treat Canadian claimants in the same way as claimants from the USA, so the eligibility of Canadians to claim against the Trusts is clear. We have brought claims for thousands of Canadian claimants over the past decade and obtained compensation for them.
We have an extensive list of sites throughout Canada where asbestos-containing products which were manufactured by these companies were used. This means that even if a person cannot recall all the products that they worked with, we have other ways of identifying the products that were present at the sites where they worked.
Claims can be made against these Trust Funds even if:1
- The exposure occurred when doing home renovation work
- The exposure was from asbestos on another person's clothing (e.g.. father worked with asbestos)
- The condition was diagnosed several years ago
- The injured person is now deceased
- The employer is out of business
- A claim was rejected by the Workers Compensation Board
1 Some exclusions apply if the person has been paid benefits from the Workers Compensation Board
Claim process against the Trusts
The process for making claims against the Trusts is not difficult if you have experienced lawyers acting for you. There is no court action involved as these claims are administrative in nature. Claims may be available against multiple Trust Funds as many people have been exposed to asbestos from a variety of sources, so separate claims are made against each Trust that is responsible for the products.
In a lot of cases, it is possible to resolve claims against some of the Trusts within a matter of several months.
The range of payments from the Trusts varies based on the type of condition, the products the person was exposed to, their age etc. We can discuss the likely awards of compensation with you once we know a bit more about your exposure and employment history.
Companies that have established Trust Funds
The list of companies that have established Trust Funds is extensive and continues to grow as more companies obtain relief from lawsuits via the establishment of a Trust. Below is a list of some of the companies who have set aside money in Trust Funds to compensate the victims of asbestos related illnesses.
These companies manufactured a range of asbestos-containing products including floor tiles, joint compounds, paints, pipe insulation, asbestos lagging and waterproofing materials.
| Company Name | Bankruptcy Date |
| Johns-Manville Corp. | 1982 |
| Carey Canada, Inc. | 1990 |
| Celotex Corp. | 1990 |
| National Gypsum | 1990 |
| Eagle-Picher Industries | 1991 |
| H. K. Porter Co. | 1991 |
| Keene Corp. | 1993 |
| Armstrong World Industries | 2000 |
| Babcock and Wilcox Co. | 2000 |
| E J. Bartells | 2000 |
| Owens Corning Fibreboard | 2000 |
| G-1 Holdings, Inc. | 2001 |
| United States Mineral Products | 2001 |
| USG Corp. | 2001 |
| Harbison-Walker | 2002 |
| J. T. Thorpe Co. | 2002 |
| Plibrico Co. | 2002 |
| Porter-Hayden Co. | 2002 |
| Shook and Fletcher | 2002 |
| Western MacArthur/Western Asbestos | 2002 |
| C. E. Thurston | 2003 |
| Combustion Engineering | 2003 |
| Congoleum Corp. | 2003 |
| Halliburton | 2003 |
| API, Inc. Settlement Trust | 2005 |
| ASARCO, LLC | 2005 |
| Lake Asbestos of Quebec, Ltd. | 2005 |
| ABB Lummus Global | 2006 |
| T H. Agriculture and Nutrition, LLC | 2008 |
Claims against the Trusts is not difficult if you have experienced lawyers acting for you.
Our goal is to help every person with mesothelioma get the compensation they deserve. Our network of experienced lawyers and paralegals in Canada, the UK, and the USA ensures that we can answer any question that comes our way about entitlements to compensation.
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