Armstrong World Industries Asbestos Trust Fund: Claim Types, Payments and Legal Options
Learn about the Armstrong World Industries Asbestos Trust, its purpose, the process of submitting claims, and how resolutions are managed. Dive deeper to understand the Trust's vital role and the resources available for asbestos-related inquiries.
Introduction to Armstrong World Industries Asbestos Trust
The Armstrong World Industries Asbestos Trust stands as a testament to the responsibility borne by the AWI Company for asbestos-related claims. Established under Chapter 11 of the U.S. Bankruptcy Code, it serves as a dedicated avenue to address and reconcile asbestos-related injuries and complaints.
Armstrong World Industries Asbestos Trust Purpose and Functions
The central goal of the Trust is to address and settle all legitimate asbestos personal injury claims connected to the AWI Company and specific affiliated entities. This endeavor operates in alignment with the Trust Distribution Procedures (TDP), a framework that has been ratified by the bankruptcy court. It's worth noting that since May 14, 2007, starting at 10:00 A.M. EST, the Trust has been operational in receiving claims.
Armstrong World Industries Asbestos Trust Claim Submission and Resolution
For those seeking to voice their asbestos concerns or place a claim, the Armstrong World Industries Asbestos Trust provides a streamlined procedure to ensure a swift and fair resolution. All claims are processed according to the standards and guidelines of the TDP.
Armstrong World Industries Asbestos Trust Current Payment by Claim Type
Current payment amounts for each type of claim:
Mesothelioma Claims:
- Expedited Review: $110,000
- Individual Review: $400,000
- Ratio*: 13.5%
Lung Cancer Claims:
- Expedited Review: $42,500
- Individual Review: $150,000
- Ratio*: 13.5%
* 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.
Armstrong World Industries Asbestos Products
- 314 Acoustic Cement
- Accobest Gasketing Material
- Accopac Asbestos Paper
- Armaspray
- Armaspray 16 Spray-on Insulation
- Armatemp Cement No. 10
- Asphalt Tile
- CC Navy Sealer
- Emulsions
- Excelon Tile
- Excelon Vinyl Asbestos Floor Tile
- Finishes
- FRJ
- Heavy Duty FRJ
- Heavy-Duty FRJ Insulation Jacket
- Hydrocord Flooring Felt
- LT – Cork Covering
- LT – Minus Thirty Cork Covering
- LT Sealer
- LT – Thirty Cork Covering
- LT – Zero Cork Covering
- Mastics
- Nonpareil High Pressure Cement
- Nonpareil High Pressure Covering Block
- Ring Facing Material
- Rubber Tile
- S-89 Adhesive
- S-89 (Adhesive)
- S-90 Adhesive
- S-90 (Adhesive)
- Sealers
- Sheet Gasketing Material
- Sprayed Limpet
- Vinyl Asbestos Tile
Armstrong World Industries 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.
Armstrong World Industries Trust Fund Mesothelioma & Lung Cancer Compensation Calculator
Get a comprehensive mesothelioma or lung cancer compensation estimate after asbestos exposure form products related to Armstrong World Industries 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.
Morgan & Morgan is Helping Asbestos Victims for Over 40 Years
America's largest personal injury firm fighting for mesothelioma victims nationwide.
$20 Billion Recovered for Clients
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