Introduction:
Greetings to all readers! Mesothelioma is a rare form of cancer that is caused by exposure to asbestos, and it can take years before the symptoms begin to show. The seriousness of mesothelioma has led many victims to seek compensation from the companies responsible for their exposure to asbestos. This compensation often comes from mesothelioma trust funds, which are set up by these companies to provide compensation to those who have been affected by their actions. In this article, we will be discussing the list of companies that have set up mesothelioma trust funds and the compensation available to victims.
Mesothelioma trust funds have been set up by companies that are held responsible for exposing their employees or customers to asbestos without providing adequate protection. These trusts provide financial compensation to those who have been affected by mesothelioma or other asbestos-related diseases. This article will provide an insight into the companies that have set up these trusts, the compensation available, and how to file a claim.
This article aims to provide an in-depth understanding of mesothelioma trust funds and the companies responsible for setting them up. We hope that this information will be helpful to anyone who has been affected by mesothelioma and is seeking compensation for their suffering.
Below is a detailed list of companies that have set up mesothelioma trust funds:
List of Companies:
Company Name |
Trust Established |
Compensation Available |
Johns-Manville Corp. |
1988 |
Over $2.5 billion |
Owens Corning/Fibreboard Corp. |
2006 |
$5-6 billion |
W.R. Grace & Co. |
2014 |
$3 billion |
Combustion Engineering/Babcock & Wilcox |
2003 |
$1.7 billion |
Armstrong World Industries Inc. |
2000 |
$2.2 billion |
Dresser Industries Inc. |
1996 |
$1.5 billion |
GAF Corp. |
1989 |
$1 billion |
National Gypsum Corp. |
1990 |
$3.5 billion |
Raymark Industries Inc. |
1989 |
$1.1 billion |
U.S. Gypsum Corp. |
2006 |
$3.9 billion |
FAQs:
1. What is mesothelioma?
Mesothelioma is a type of cancer that is caused by exposure to asbestos. It affects the lining of the lungs, heart, or abdominal cavity.
2. What are mesothelioma trust funds?
Mesothelioma trust funds are set up by companies that are responsible for exposing their employees or customers to asbestos without providing adequate protection. These trusts provide financial compensation to those who have been affected by mesothelioma or other asbestos-related diseases.
3. How can I file a claim for compensation?
To file a claim for compensation, you need to provide evidence of your exposure to asbestos and your diagnosis of mesothelioma or an asbestos-related disease. You can file a claim with the trust fund established by the company responsible for your exposure.
4. How much compensation can I receive from mesothelioma trust funds?
The amount of compensation varies depending on the trust fund and the severity of your illness. The compensation can range from thousands to millions of dollars.
5. How long does it take to receive compensation from a mesothelioma trust fund?
The time it takes to receive compensation from a mesothelioma trust fund depends on several factors, including the amount of compensation you are seeking, the details of your individual case, and the efficiency of the trust fund’s process. It can take anywhere from several months to several years to receive compensation.
6. Can I file a claim if the company responsible for my exposure is no longer in business?
Yes, you can still file a claim if the company responsible for your exposure is no longer in business. Many companies that went bankrupt due to mesothelioma claims have established trusts to provide compensation to victims.
7. Can I file a claim if I am not a US citizen?
Yes, you can still file a claim if you are not a US citizen. However, the eligibility criteria and compensation available for non-US citizens may vary from those of US citizens. You should check the individual trust fund’s guidelines to confirm.
8. What is the statute of limitations for filing a claim for compensation?
The statute of limitations for filing a claim for compensation varies from state to state. It is important to consult a lawyer to determine the statute of limitations for your individual case.
9. Can I file a claim on behalf of a deceased family member?
Yes, you can file a claim on behalf of a deceased family member if they died due to mesothelioma or an asbestos-related disease.
10. How do I choose a lawyer to help me file a claim?
You should choose a lawyer who has experience in handling mesothelioma cases and is familiar with the trust fund process. You can ask for recommendations from friends or family members, or find a lawyer through online resources.
11. How long do I have to wait to receive compensation?
The amount of time it takes to receive compensation varies depending on the individual case and the efficiency of the trust fund process. It can take anywhere from several months to several years to receive compensation.
12. What if I am not satisfied with the compensation offered?
If you are not satisfied with the compensation offered, you can appeal the decision or file a lawsuit against the company responsible for your exposure to asbestos.
13. What is the role of the mesothelioma lawyer in the claims process?
Mesothelioma lawyers play a crucial role in helping victims file claims for compensation. They can provide legal guidance, gather evidence, and negotiate with the trust fund on your behalf to ensure you receive the compensation you deserve.
Conclusion:
In conclusion, mesothelioma is a serious illness caused by exposure to asbestos, and many companies are responsible for exposing their employees or customers to this harmful substance. Mesothelioma trust funds have been established by these companies to provide compensation to victims, ensuring that they receive the financial support they need to cope with their illness. The list of companies that have set up mesothelioma trust funds is provided in this article, along with the compensation available and how to file a claim. We hope that this information will be helpful to anyone who has been affected by mesothelioma and is seeking compensation for their suffering.
We encourage all mesothelioma victims to seek legal advice and file a claim for compensation to receive the support they need. We must also call on companies to provide better protection for their employees and customers to prevent future cases of mesothelioma.
Closing/Disclaimer:
The information provided in this article is for educational purposes only and should not be taken as legal advice. Laws and regulations related to mesothelioma trust funds may vary from state to state, and it is important to consult with a lawyer before filing a claim. The use of this article does not establish an attorney-client relationship between the user and any attorney or law firm mentioned herein.
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