Search for: "The Manville Personal Injury Trust"
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3 Dec 2010, 1:24 pm
Johns-Manville Sales Corp., E. [read post]
3 Dec 2009, 11:17 pm
Some $20 billion now resides in these 40 or so trusts, set up by Johns Manville Corp., Owens Corning and other former makers and sellers of asbestos. [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), and releasing those… [read post]
9 Jun 2009, 1:22 am
Hanover Bank & Trust Co., 339 U.S. 306, 317 (1950). [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]
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]
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]
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]
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]
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]
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]
