Search for: "Asbestos Funds to Pay Claims"
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23 Jul 2023, 11:11 pm
Individuals who have been injured by asbestos can seek help through Asbestos Trust Funds. [read post]
4 Dec 2008, 3:03 am
The company will pay $30 million cash into a trust fund, an additional $30 million cash after three years, and make up to 10 additional annual payments of $8 million if certain conditions are met to resolve the asbestos personal injury claims. [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]
2 Feb 2010, 12:00 am
Last week I blogged that according to the press the government was about to announce a 70 million asbestos package to include setting up an insurance fund of last resort for suffers of the asbestos related cancer mesothelioma and to fund more research into this terrible asbestos cancer. [read post]
5 Apr 2005, 6:12 am
[official site], have pulled their support for establishing a $140 billion federal trust fund to pay claims arising from asbestos-related lawsuits. [read post]
20 May 2011, 2:17 pm
The trend of asbestos bankruptcies is that as time passes and more asbestos claims are filed, the company's ability to pay diminishes and the percent of the *"Liquidated claim value" that is paid is reduced, thus paying out a lesser amount to the claimant or injured party. [read post]
29 May 2017, 12:46 pm
Claim EvaluationAsbestos Screening Successful secondary asbestos exposure trust funds claims A successful asbestos claim usually involves asbestos attorneys that specialize in investigating exposure on the job and can find out the work history of a family member who was directly exposed to asbestos. [read post]
16 Sep 2011, 11:43 am
" Should it win final approval to leave protection, Grace Company said it plans to pay creditors in full and set up a trust fund to pay victims of asbestos-related diseases. [read post]
23 Jun 2016, 4:18 am
As discussed in a recent news feature from Business Insurance, the bankruptcy courts made these companies set aside funds to pay out future asbestos claims and also required their insurance carries to pay for a lot of the damages in these lawsuits. [read post]
21 Mar 2016, 4:00 am
These funds would be available primarily to Canadian provincial authorities who seek recovery of amounts they have paid or will ever pay in the future under Canadian asbestos-injury recovery statutes for claims allegedly relating in whole or in part to exposure to GST or Coltec asbestos-containing products. [read post]
9 Feb 2006, 2:56 am
The bill, if passed, would establish a $140 billion fund [JURIST report] financed by asbestos manufacturers, users, and insurers to pay claims brought by victims exposed [read post]
29 Jun 2006, 4:32 pm
. - An asbestos removal contractor and a property management company agreed to pay air quality regulators $430,000 to settle claims they improperly removed asbestos from San Francisco Bay area buildings.The fines were the largest asbestos reporting and removal penalties the Bay Area Air Quality Management District has levied, the agency said Tuesday.A Roseville property management company, operating as USA Properties Fund Inc. and USA Multifamily… [read post]
17 Nov 2010, 12:00 am
This would be a statutory fund that could pay them compensation if despite all their lawyers best efforts, no insurer can be found to pay. [read post]
2 Dec 2016, 5:42 am
Consistent with historical trends, the industry has continued to pay out more losses than it has incurred (funded) since 2006, paying out $16.7 billion for asbestos and environmental claims over the past five years, while incurring $13.5 billion in losses. [read post]
29 Apr 2021, 11:20 pm
Today, millions of people pay the price of the negligence and greed of asbestos companies. [read post]
30 May 2020, 1:30 am
These documents will be used as evidence to support your claim which, if your family member was exposed to asbestos by more than one company, will be filed with multiple asbestos trust funds. [read post]
30 May 2020, 1:30 am
These documents will be used as evidence to support your claim which, if your family member was exposed to asbestos by more than one company, will be filed with multiple asbestos trust funds. [read post]
4 May 2020, 4:06 am
This will help the person take legal action, as smokers in whose lungs asbestos fibers are present are eligible for compensation from asbestos trust funds and, if they are a veteran, from the VA as well. [read post]
23 Jul 2019, 12:53 pm
For example, a nephew could help his grandfather file a claim with one or more asbestos trust funds by contacting a lawyer who specializes in asbestos cases. [read post]
11 Dec 2017, 8:19 am
The asbestos trust fund was meant to pay the medical bills of injured workers, as well as death benefits to the families of deceased claimants. [read post]
