Introduction
Welcome to our journal article about companies listed in the mesothelioma trust. If you or a loved one has been diagnosed with mesothelioma from asbestos exposure, you may be entitled to compensation from asbestos trust funds. These funds were established by companies to compensate victims of asbestos-related diseases, and they have paid out billions of dollars in settlements to victims and their families.
However, navigating the complex process of filing a claim and applying for compensation can be overwhelming. That’s why we’ve compiled this comprehensive guide to companies listed in the mesothelioma trust, including information about the top asbestos trust funds and frequently asked questions about the claims process.
Read on to learn about your legal options and how to get the compensation you deserve.
What Are Asbestos Trust Funds?
Asbestos trust funds are set up by companies that are liable for injuries caused by asbestos exposure. These companies may have filed for bankruptcy due to the high volume of asbestos-related lawsuits, but they still have funds set aside to compensate victims.
The trust funds can cover a wide range of expenses, including medical bills, lost wages, and pain and suffering. There are currently over 50 asbestos trust funds in the United States, and they have paid out over $20 billion to victims of asbestos-related diseases.
Top Companies Listed in the Mesothelioma Trust
| Company | Settlement Amount | Year Established |
|---|---|---|
| Johns-Manville | $2.5 billion | 1988 |
| US Gypsum | $3.9 billion | 2006 |
| W.R. Grace | $4 billion | 2014 |
| Owens Corning | $2.2 billion | 2006 |
| Combustion Engineering | $1.43 billion | 2003 |
Johns-Manville
Johns-Manville was one of the largest producers of asbestos products in the United States, and it filed for bankruptcy in 1982 after facing over 16,000 asbestos-related lawsuits. The company established a trust fund in 1988 with $2.5 billion to compensate victims of asbestos-related diseases.
The Johns-Manville trust fund is still active today, and it has paid out billions of dollars to victims and their families. If you or a loved one was exposed to asbestos from Johns-Manville products, you may be eligible for compensation from the trust fund.
US Gypsum
US Gypsum is a leading manufacturer of building materials, including drywall and plaster. The company faced thousands of asbestos-related lawsuits and filed for bankruptcy in 2001. It established a trust fund in 2006 with $3.9 billion to compensate victims of asbestos-related diseases.
If you or a loved one was exposed to asbestos from US Gypsum products, you may be eligible for compensation from the trust fund. Contact an experienced mesothelioma attorney to learn more about your legal options.
W.R. Grace
W.R. Grace is a chemical company that produced asbestos-containing products, including insulation and fireproofing materials. The company faced over 300,000 asbestos-related lawsuits and filed for bankruptcy in 2001. It established a trust fund in 2014 with $4 billion to compensate victims of asbestos-related diseases.
If you or a loved one was exposed to asbestos from W.R. Grace products, you may be eligible for compensation from the trust fund. Contact a mesothelioma attorney to learn more about your legal options.
Owens Corning
Owens Corning is a leading manufacturer of insulation and roofing materials. The company faced over 160,000 asbestos-related lawsuits and filed for bankruptcy in 2000. It established a trust fund in 2006 with $2.2 billion to compensate victims of asbestos-related diseases.
If you or a loved one was exposed to asbestos from Owens Corning products, you may be eligible for compensation from the trust fund. Contact an experienced mesothelioma attorney to learn more.
Combustion Engineering
Combustion Engineering was a leading manufacturer of boilers and industrial machinery. The company faced numerous asbestos-related lawsuits and filed for bankruptcy in 2003. It established a trust fund with $1.43 billion to compensate victims of asbestos-related diseases.
If you or a loved one was exposed to asbestos from Combustion Engineering products, you may be eligible for compensation from the trust fund. Contact a mesothelioma attorney to learn more about your legal options.
FAQs About Asbestos Trust Funds
1. Who is eligible for compensation from an asbestos trust fund?
Any person who has been diagnosed with an asbestos-related disease, such as mesothelioma, lung cancer, or asbestosis, may be eligible for compensation from an asbestos trust fund.
2. How do I file a claim with an asbestos trust fund?
You will need to submit a claim form and supporting documents, such as medical records and employment history, to the appropriate asbestos trust fund. Contact an experienced mesothelioma attorney for assistance with filing a claim.
3. How much compensation can I receive from an asbestos trust fund?
The amount of compensation you may receive from an asbestos trust fund depends on various factors, such as the severity of your illness and the amount of funds available in the trust. Contact a mesothelioma attorney for a free consultation to discuss your legal options and potential compensation.
4. How long does it take to receive compensation from an asbestos trust fund?
The timeline for receiving compensation from an asbestos trust fund varies depending on the specific trust and the complexity of your case. It can take several months to several years to receive compensation.
5. Do I need an attorney to file a claim with an asbestos trust fund?
While it is not required to hire an attorney to file a claim with an asbestos trust fund, it is highly recommended. An experienced mesothelioma attorney can help you navigate the complicated claims process and ensure that you receive maximum compensation.
6. Can I file a lawsuit and also receive compensation from an asbestos trust fund?
Yes, in many cases you can file a lawsuit against the companies responsible for your asbestos exposure and also receive compensation from an asbestos trust fund. Contact a mesothelioma attorney to understand your legal options.
7. Are there time limits for filing a claim with an asbestos trust fund?
Yes, there are time limits, known as statutes of limitations, for filing a claim with an asbestos trust fund. Contact an experienced mesothelioma attorney to learn more about the statutes of limitations in your state.
8. What is the difference between an asbestos trust fund and a class action lawsuit?
An asbestos trust fund is a way for individual victims to receive compensation for their injuries, while a class action lawsuit is filed on behalf of a group of plaintiffs with similar injuries. Class action lawsuits can result in lower payouts for individual victims, while asbestos trust funds provide more individualized compensation.
9. Can I still file a claim with an asbestos trust fund if the company that exposed me to asbestos is no longer in business?
Yes, you can still file a claim with an asbestos trust fund even if the responsible company is no longer in business. Many asbestos trust funds were established by companies that have gone bankrupt due to asbestos-related lawsuits.
10. Can I file a claim with an asbestos trust fund if I was exposed to asbestos outside of the United States?
Yes, some asbestos trust funds may cover asbestos exposure that occurred outside of the United States. Contact an experienced mesothelioma attorney to learn more about your legal options.
11. Are veterans eligible for compensation from asbestos trust funds?
Yes, veterans who were exposed to asbestos during their military service may be eligible for compensa
tion from asbestos trust funds. Contact a mesothelioma attorney to learn more about your legal options.
Some asbestos trust funds allow family members to file a claim on behalf of a deceased loved one who was diagnosed with an asbestos-related disease. Contact an experienced mesothelioma attorney to learn more about your legal options.
13. What should I do if I have been diagnosed with mesothelioma?
If you have been diagnosed with mesothelioma, it is important to seek medical treatment and contact an experienced mesothelioma attorney for legal guidance. You may be entitled to compensation from asbestos trust funds and/or the companies responsible for your asbestos exposure.
Conclusion
We hope this guide to companies listed in the mesothelioma trust has been informative and helpful. If you or a loved one has been diagnosed with mesothelioma or another asbestos-related disease, it is important to understand your legal options and seek compensation from the responsible parties.
Contact an experienced mesothelioma attorney to learn more about your legal options and to get the compensation you deserve.
Closing Disclaimer
This article is for informational purposes only and does not constitute legal advice. Consult an experienced mesothelioma attorney for legal guidance and to understand your legal rights and options.
