About Asbestos Bankruptcy Trusts
You may know or have read of the number of bankruptcies that have occurred due to mesothelioma litigation. What you may not know is that most of the companies who have declared bankruptcy after exposing workers to asbestos for decades are still doing a thriving business. And because of their bankruptcies, they do not have to worry about mesothelioma victims suing them anymore.
Establishment Of The Asbestos Bankruptcy Trusts
Realizing that there were an enormous number of potential lawsuits just sitting out there, waiting to be filed — one after another for decades — companies that manufactured products with asbestos quickly sought to limit their losses by filing for bankruptcy protection under Chapter 11.
As part of that process, dozens of asbestos bankruptcy trusts (some with billions of dollars) were set up to compensate people with asbestos-related medical conditions. Meanwhile, after funding those trusts as directed by the bankruptcy courts, many of the companies reorganized successfully, yet were now insulated from future claims.
It was a win-win situation.
Experienced Legal Representation Makes A Difference
Because each asbestos bankruptcy trust has a different structure, different claim procedures, different proof requirements and different pitfalls, it is important to have a lawyer who knows the rules and who has experience with filing asbestos bankruptcy trust claims.
At The Gori Law Firm, we have an entire department committed to filing trust claims on behalf of our clients. Our team’s experience and understanding of these trusts result in our clients receiving the maximum compensation for their injury.
Here is a full list of the asbestos bankruptcy trusts, along with information about who was exposed and the history of the company.
Nationwide Legal Help For People With Asbestos Lung Cancer Or Mesothelioma
For a free case evaluation, please call our law offices directly or contact us online. An experienced attorney will be available to discuss your potential lawsuit, answer any questions you have about asbestos bankruptcy trust claims and address any other concerns you may have as well.
List Of Trusts
A & I Company Trust
A.P. Green Trust
A.P.I Asbestos Trust
ABB Lummus Trust
AC & S Inc. Trust
Armstrong World Industries Trust
Asarco, LLC Trust
Babcock & Wilcox Trust
Brauer Supply Trust
Burns & Roe Trust
C.E. Thurston Trust
Christy Refractories Trust
Combustion Engineering Trust
EJ Bartels Asbestos Settlement Trust
Fuller Austin Insulation Inc Trust
General Motors Corporation
GI Holdings Trust
Halliburton Company Trust
Hercules Chemical Company Trust
HK Porter Co. Inc. Trust
J.T. Thorpe Settlement Trust
J.T. Thorpe Company
Johns Manville Trust
Kaiser Refractory Trust
Kentile Floors, Inc.
National Gypsum Trust
North American Refractories Trust
Owens Corning Trust
Pittsburgh Corning Trust
Plant Insulation Trust
Porter Hayden Trust
Shook & Fletcher Trust
T & N Limpet Trust
THAN – TH Agriculture and Nutrition Trust
Thorpe Insulation Company Trust
U.S. Gypsum Trust
U.S. Mineral Products Company Trust
W.R. Grace Trust
Western Asbestos Trust
Yarway Bankruptcy Trust