Combustion Engineering Asbestos Trust Fund: Claim Types, Payments and Legal Options
Discover the purpose and functions of the Combustion Engineering 524(g) Asbestos PI Trust, how to submit and resolve claims, and gain insights on their procedures.
Introduction to Combustion Engineering Asbestos Trust
Established under Combustion Engineering, Inc.'s revised plan in 2005, the Combustion Engineering 524(g) Asbestos PI Trust serves as an essential avenue for processing and addressing asbestos-related personal injury claims.
Combustion Engineering Asbestos Trust Purpose and Functions
The Combustion Engineering 524(g) Asbestos PI Trust, from now on referred to as "the Trust," was formed with the chief aim to assess, finalize, and remit valid claims related to asbestos-caused injuries. The Trust operates based on the distinct guidelines laid out in the Trust Distribution Procedures (TDP). As per the TDP's provisions, the Trust embraces a systematic approach that includes a defined set of policies and procedures to handle the reception, evaluation, and remuneration of claims tied to asbestos-induced harm.
Combustion Engineering Asbestos Trust Claim Submission and Resolution
For those intending to file a claim with the Trust, they need to be acquainted with certain specifics. The Trust provides a dedicated claim form, which serves as a testimonial of the claim against the Trust. Additionally, detailed filing instructions accompany this form. Those opting for digital submissions must complete an electronic filer agreement, ensuring seamless online interactions.
Combustion Engineering Asbestos Trust Current Payment by Claim Type
Current payment amounts for each type of claim:
Mesothelioma Claims:
- Expedited Review: $75,000
- Individual Review: $400,000
- Ratio*: 20.0%
Lung Cancer Claims:
- Expedited Review: $25,000
- Individual Review: $150,000
- Ratio*: 20.0%
* 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.
Combustion Engineering Asbestos Products
- Block Stick
- Boilers
- Buck Stay Cement A- 1360
- Calcrete Insulating Cement
- Castablock Insulating Cement
- Expansion Joint Hat
- Fibrous Adhesive
- Gunisul
- Hilite Insulating Cement
- Kaiser Hard Top Insulating Cement
- Kaiser M Block Insulation
- Lite Wate 22
- Lite Wate 50
- MHD Finishing Cement
- Mix A
- Permiseal Weathercoating
- Pyroscat Fireproofing Cement
- SDK 50 Cement
- Stick-Tite Insulating Cement
- Stic-Tite Cement
- Super 711 Insulating Cement
- Super Finish Insulating Cement
- Super Finish Stick-Tite Insulating Cement
- Super Stick-Tite Insulating Cement
- Utility Thermal Finish Cement
- WeatherKote Protective Air-Check Cement
- WeatherKote Protective Coating
- WeatherKote Protective Duriseal
- WeatherKote Protective Thermal Coat
Combustion Engineering 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.
Combustion Engineering Trust Fund Mesothelioma & Lung Cancer Compensation Calculator
Get a comprehensive mesothelioma or lung cancer compensation estimate after asbestos exposure form products related to Combustion Engineering 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
(866) 545-5619
