The Gori Law Firm
Get Your FREE Case Review 24 Hours A Day
To protect your safety during the coronavirus (COVID-19) crisis, we offer telephone and video conferences, in addition to face-to-face meetings. Please contact our office today to set up a remote consultation.

We are a nationwide leader in asbestos litigation with more than 20 years of experience and a staff that is highly qualified and specially trained to handle complex asbestos cases.

Mesothelioma
Lawsuit Claims.

Do You Have A Case?
Find Out In 4 Easy Steps!
Take Our Mesothelioma
Evaluation Survey.

Answers About Your Case In Minutes.
Get A Free Claim Review In 4 Easy Steps!
Do You Have a
Mesothelioma
Claim?

Take Our Short Case Assessment & Speak With A Lawyer In Seconds!
Mesothelioma
Lawsuit Claims.

Do You Have A Case?
Get a FREE Case Assessment
in 4 Easy Steps
You Are Now Here:
  1. Home
  2.  » 
  3. Learn About Mesothelioma & Asbestos
  4.  » 
  5. Asbestos Bankruptcy Trusts
  6.  » Forty-Eight Insulations Company

Forty-Eight Insulations Company

The Forty-Eight Insulations Company was founded in 1923 in East Aurora, Illinois. Forty-Eight sought to produce high-quality insulation. To make heat-resistant insulation, however, the company used asbestos in large quantities. One such product was called Super 48 Insulating Cement. The company was eventually acquired by an insurance company, Foster Wheeler, in 1973, but continued to produce asbestos-insulating cement.

As early as the 1920s, physicians recognized that exposure to asbestos caused severe sickness when asbestosis was identified by British medical journals. At the same time, insurance companies in the United States and Canada stopped selling life insurance to asbestos workers. Moreover, safer substitutes for most asbestos uses were known as early as the 1930s. Nevertheless, Forty-Eight chose to protect its substantial profit margins rather than discontinue use of the mineral.

Forty-Eight used asbestos until 1982, long after it was known that the mineral was toxic. Additionally, the asbestos fibers remain in a person’s lungs for years and symptoms may not develop for decades. Accordingly, Forty-Eight Insulations Company’s victims might live for decades without knowing of the deadly injury they sustained. Customers, the employees of Forty-Eight and the constructions workers who installed Forty-Eight products began to file lawsuits to recover for severe injuries. In 1985, the company entered bankruptcy protection. After 10 years, a plan was created to cover the company’s debts.

The Forty-Eight Insulation Qualified Settlement Trust was created to compensate the victims of Forty-Eight. Two separate amounts were placed into the trust fund. The first was $39 million to resolve existing claims. The second was $15 million for future claims. If you or a loved one has been injured by Forty-Eight Insulation, it is important that you contact The Gori Law Firm immediately for more information on your rights.

List Of Trusts

A & I Company Trust

A-Best Trust

A.P. Green Trust

A.P.I Asbestos Trust

ABB Lummus Trust

AC & S Inc. Trust

Armstrong World Industries Trust

Artra-Synkoloid Trust

Asarco, LLC Trust

Babcock & Wilcox Trust

Bondex Trust

Brauer Supply Trust

Burns & Roe Trust

C.E. Thurston Trust

Celotex/Careytemp Trust

Christy Refractories Trust

Combustion Engineering Trust

Congoleum Trust

Eagle-Picher Trust

EJ Bartels Asbestos Settlement Trust

Ferodo Trust

Fibreboard Trust

Flexitallic Trust

Flintkote Trust

Fuller Austin Insulation Inc Trust

General Motors Corporation

GI Holdings Trust

Halliburton Company Trust

Harbison-Walker 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

Keene Trust

Kentile Floors, Inc.

Leslie Trust

National Gypsum Trust

North American Refractories Trust

Owens Corning Trust

Pacor Trust

Pittsburgh Corning Trust

Plant Insulation Trust

Plibrico Trust

Porter Hayden Trust

Quigley Trust

Rapid American

Raytech 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

UGL Trust

W.R. Grace Trust

Western Asbestos Trust

Yarway Bankruptcy Trust