ACandS Asbestos Trust Fund: Claim Types, Payments and Legal Options
Explore the ACandS Asbestos Trust's purpose, claim processes, and vital functions in settling asbestos personal injury claims. This guide provides a comprehensive overview of the trust's role and procedures in claim resolution.
Introduction to ACandS Asbestos Trust
The ACandS Asbestos Trust emerged in 2008 following the confirmation of the ACandS Chapter 11 Joint Plan of Reorganization. Designed to address and settle valid asbestos personal injury claims, this trust has since played a pivotal role in ensuring claimants receive their due compensation in line with its Amended Trust Distribution Procedures.
ACandS Asbestos Trust Purpose and Functions
Established as a product of the ACandS Chapter 11 Joint Plan of Reorganization, the trust serves as a critical mechanism to process, validate, and eventually pay genuine asbestos-related personal injury claims. The trust operates in adherence to its Amended Trust Distribution Procedures, providing a transparent and streamlined process for claim resolution.
ACandS Asbestos Trust Claim Submission and Resolution
For individuals seeking compensation, the trust has detailed protocols to ensure an organized claim submission. Essential resources such as the claim form, submission guidelines, electronic filer agreement, and a thorough copy of the Trust Distribution Procedures can be sourced from the trust's online resource section.
It's important to note that claim submissions commenced on May 26, 2009. The trust recognized November 23, 2009, as the primary Claim Filing Date. Consequently, all claims presented between these dates are considered filed on the initial date, with their processing order determined by Section 5.1(a)(1) of the Trust Distribution Procedures.
ACandS Asbestos Trust Current Payment by Claim Type
Current payment amounts for each type of claim:
Mesothelioma Claims:
- Expedited Review: $150,000
- Individual Review: $150,000
- Ratio*: 4.0%
Lung Cancer Claims:
- Expedited Review: $50,000
- Individual Review: $50,000
- Ratio*: 4.0%
* The trust funds ensure a fixed percentage of compensation known as a "ratio", which reserves funds for potential future victims based on the claim's worth.
ACandS Asbestos Products
- 2000 Degree F. Block Insulation
- 27-B Soam Filler
- 85% Magnesia Block
- 85% Magnesia Cement
- 85% Magnesia Pipe Covering
- Accobest AN-8012
- Accobest AS-474 Gasketing Material
- Accobest AS-8073
- Accopac AD-8024 Asbestos Paper
- Acoustical Cements (306, 314/waterproof, 340/panel-board)
- Adhesives
- Aircell Block & Sheets
- Aircell Insulations
- Aircell Pipe Covering
- Amblerex
- Armabestos Pipe Covering and Block
- Armaglas Pipe and Duct Insulation
- Armalite
- Armaspray
- Armatemp Cement
- Armatemp No. 166 Cement
- Armatemp Pipe & Equipment Insulation
- Armflex Covering & Sheets
- Armflex Insulation
- Asbestos Ceiling Board
- Asbestos Cement
- Asbestos Felt
- Asbestos Floor Tiles
- Asbestos Insulating Cement
- Asphalt (Oil) Floor Tile
- Asphalt Putty
- Bestfelt Pipe Covering, Block and Sheets
- Box Toe
- Calcium Silicate Pipe Covering
- Cork Board
- Cork Pipe Covering
- Duplex Woolfelt Pipe Insulations
- Firebrick
- Gasket Material – Beater Saturated
- High Temp Block Insulation
- High Temp Cement
- High Temp Pipe Covering
- Hydrocord Felt
- Hy-Temp Block
- Hy-Temp Cement
- Hy-Temp Pipe Covering
- Kamatt Pipe Covering
- Kaylo-20
- Kaylo Pipe Covering and Block
- Kaytherm Block
- K&M Asbestos Insulating Cement Amblerex No. 2
- K&M Asbestos Insulating Cement Mineral Wool
- K&M Asbestos Insulating Cement No. 151
- K&M Asbestos Insulating Cement No. 152
- K&M Asbestos Insulating Cement Velvet Hard Finish
- K.P. Asbestos Floats
- Limpet Spray
- LK Pipe Covering
- LT Cork Covering
- LT Pipe Covering
- Mani-Ply Pipe Insulation
- Mastics
- Mattison
- Millboard
- Minalok
- Mineral Wool Cement
- Nesecone Ablation Material
- Non-Parell High Pressure Covering, Block and Cement2
- Other Cements
- Paper and Range Boiler Jackets
- Perforated/Unperforated Asbestos Cement Ceiling Board
- Plasticork
- Resurfacer
- Rollboard
- Roofing Materials
- Rubber Tile
- S-89
- S-90
- Sealers
- Simplex Pipe Insulations
- Sundries: Emulsions
- Temlok
- Tiles
- V-18 High Temperature Block
- Vinyl Asbestos Tile
ACandS Trust Fund Asbestos Exposure Calculator
National average for mesothelioma lawsuit settlements typically range from $1.1 million to $1.5 million while lung cancer settlements may range between $150,000 and $350,000. Use Asbestos Compensation Calculator for a personalized compensation estimate.
ACandS Trust Fund Mesothelioma & Lung Cancer Compensation Calculator
Get a comprehensive mesothelioma or lung cancer compensation estimate after asbestos exposure form products related to ACandS Asbestos Trust Fund. Follow a few quick steps to receive your personalized result in seconds.
Asbestos & Mesothelioma Law Firm Near You
National law firms, with their experience in handling cases and trust fund claims across the country, can be a smart choice. Opting for a nationwide firm means you'll have a team of lawyers who know the ins and outs of asbestos cases in every state. They'll figure out the best place to file your claim and make sure it's done within the legal deadlines, all to get you the maximum possible compensation.
Peiffer Wolf Carr Kane Conway & Wise is Helping Asbestos Victims for Over 25 Years
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