More than 100 companies filed for bankruptcy because of asbestos liabilities. Many of these established trust funds. These are some of the noteworthy trusts, the year established, and the initial funding amount:
United States Gypsum Asbestos Personal Injury Settlement Trust – 2006, $3.96 billion
Owens Corning Fibreboard Asbestos Personal Injury Trust – 2006, $3.42 billion
Manville Personal Injury Trust Settlement – 1998, $2.5 billion
DII Industries, LLC Asbestos Personal Injury Trust – 2005, $2.5 billion
Armstrong World Industries Asbestos Personal Injury Settlement Trust – 2006, $2.1 billion
Western Asbestos Settlement Trust – 2004, $2 billion
Babcock and Wilcox Company Asbestos Personal Injury Settlement Trust – 2006, $1.85 billion
Celotex Asbestos Settlement Trust – 1997, $1.2 billion
Combustion Engineering 524(g) Asbestos Personal Injury Trust – 2006, $1.2 billion
These are just some of the many trusts available to victims of asbestos exposure. Contact Lung Cancer Answer to find out to which trust you’re eligible to file.
