Search for: "Manville Personal Injury Settlement Trust" Results 1 - 20 of 20
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14 May 2008, 8:55 am
A novel means of processing asbestos claims was initiated in 1988, when the Johns-Manville corporation emerged from bankruptcy and established the Manville Personal Injury Settlement Trust, the first "bankruptcy trust" set up to pay out money to asbestos claimants. [read post]
20 Jun 2009, 12:34 am
"As part of the 1986 reorganization plan of the Johns-Manville Corporation (Manville), an asbestos supplier and manufacturer of asbestos containing products, the Bankruptcy Court approved a settlement providing that Manville's insurers, including The Travelers Indemnity Company and related companies (Travelers), would contribute to the corpus of the Manville Personal Injury Settlement Trust (Trust),… [read post]
26 Dec 2008, 2:34 am
Supreme Court has agreed to review a federal appeals court decision rejecting the resolution of asbestos claims against an insurer, and to decide whether thousands of personal injury plaintiffs may directly sue the insurer. [read post]
22 Nov 2018, 8:11 am
In 1982 one of the biggest manufacturer asbestos products, John-Manville, filed for Chapter 11 bankruptcy, as a result of thousands of individual lawsuits based on asbestos-related injuries, such as asbestosis, lung cancer, and mesothelioma. [read post]
15 Dec 2008, 11:32 pm
Bankruptcy Court for the Southern District of New York (Lifland,J.) confirmed a landmark plan of reorganization for Johns ¬-Manville Corporation that channeled hundreds of thousands of asbestos-related personal injury claims into a special trust fund for the benefit of injured workers and their families. [read post]
22 Nov 2018, 8:11 am
Settlements with asbestos trust funds represent the most responsive source of financial compensation from the parties liable for your asbestos exposure. [read post]
26 Feb 2008, 6:53 am
  Travelers’ settlement was predicated on the bankruptcy court’s issuance of an injunction barring suits against Manville’s insurers and channeling all claims based upon, arising out or related to Manville’s liability insurance policies to the Manville Personal Injury Settlement Trust. [read post]
2 Feb 2017, 6:40 am
In 1982, Johns Manville filed for bankruptcy due to the numerous lawsuits submitted against the company and four years later, the Manville Personal Injury Settlement Trust was founded. [read post]
3 Dec 2009, 11:17 pm
That led to huge settlements, which led to the establishment of huge trusts, created to assure payment to millions of current and future claimants. [read post]
3 Apr 2009, 7:09 am
  In exchange for the release, Travelers Indemnity and other insurers paid their maximum policy coverage to a trust, called the Manville Personal Injury Settlement Trust (“Trust”). [read post]
3 Apr 2009, 7:09 am
  In exchange for the release, Travelers Indemnity and other insurers paid their maximum policy coverage to a trust, called the Manville Personal Injury Settlement Trust (“Trust”). [read post]
3 Apr 2009, 7:09 am
  In exchange for the release, Travelers Indemnity and other insurers paid their maximum policy coverage to a trust, called the Manville Personal Injury Settlement Trust (“Trust”). [read post]
12 Dec 2008, 7:04 pm
  The insurance companies, that judge indicated, would not have put money into the trust if they did not have protection against liabilities growing out of their ties to Johns-Manville. [read post]
1 Aug 2008, 1:22 pm
The safety issue popped up again in the 10-K Cintas filed  Wednesday, which discloses that in mid-July it was hit with a shareholder derivative suit by the Manville Personal Injury Settlement Trust (the fund created by those big asbestos lawsuits against Johns-Manville). [read post]
15 Mar 2013, 9:13 am by Joe Consumer
Trust payments represent settlements of former a asbestos defendants. [read post]
13 Oct 2007, 7:39 am
The hope was to create a trust to pay out all asbestos claims, as was first and famously done in the Johns-Manville case. [read post]
3 Dec 2018, 10:06 am by Schachtman
  In 1984, Philadelphia County had a non-jury system for asbestos personal injury cases, with a right to “appeal” for a de novo trial with a jury. [read post]
30 Aug 2012, 11:05 pm
  B-NC: Tsfee isnt good faith tsfee if it has knowledge of facts that would put a reasonably prudent person on inquiry. http://www.bankruptcylitigationblog.com/uploads/file/SCHOFIELD-BK-MD-NC-WALDREP-9-22-11.pdf … SDNY D-Cts & BK-Cts seem split on whether-and if so to what extent-§546(e) insulates Madoff ponzi pmts. [read post]
27 Sep 2014, 10:06 am by Schachtman
The Wallace & Gale Asbestos Settlement Trust, 439 Md. 333, 96 A.3d 147 (2014). [read post]