A & I Asbestos Trust Fund: Claim Types, Payments and Legal Options

The A&I Corporation Asbestos Bodily Injury Trust, commonly referred to as the "Trust," emerged as a crucial establishment when the A&I Corporation filed for dissolution. This Trust is a beacon for addressing and resolving asbestos-related personal injury claims, guided by a dedicated set of Trust Distribution Procedures.

Born out of the necessity following the dissolution of the A&I Corporation, the Trust's primary mission is to systematically process, evaluate, and settle legitimate asbestos-related personal injury claims. It operates under a well-defined framework called the Trust Distribution Procedures (TDP). Not only does the TDP outline the working methodology of the Trust, but it also enshrines the core principles and practices it follows.

The essence of the TDP is to ensure that victims of asbestos-related injuries receive their due settlements in an orderly and just manner.

For those seeking to put forth a claim, the Trust has delineated a clear and transparent procedure. Individuals must submit a specific claim form, serving as authentic proof of their claim. The Trust began accepting these claims starting from May 14, 2007. Every claim that the Trust receives undergoes a systematic process. It's worth noting that claims are addressed in the sequence they arrive at the Trust, ensuring fairness in handling.

Furthermore, the Scheduled Payment, which determines the compensation amount for different Disease Classes, adheres to the directives of the Circuit Court of Kanawha County, West Virginia. An essential highlight of this directive is the cap on attorney's fees, which is set at a maximum of 10% of the Scheduled Payment, safeguarding the claimants' best interests.