Eagle-Picher Asbestos Trust Fund: Claim Types, Payments and Legal Options
The Eagle-Picher Industries Personal Injury Settlement Trust, established in 1996, serves to manage and resolve asbestos-related injury claims. This guide provides an overview of its creation, primary functions, and key contact details.
Introduction to Eagle-Picher Asbestos Trust
In the early 1990s, a significant shift occurred in the way asbestos-related personal injury claims were managed by Eagle-Picher Industries, Inc. After filing for bankruptcy under Chapter 11, the corporation took an essential step in 1996 to create a dedicated trust, ensuring a streamlined process for claim submissions and resolutions.
Eagle-Picher Asbestos Trust Purpose and Functions
The Eagle-Picher Industries, Inc. Personal Injury Settlement Trust, commonly known as EPI Trust, came into existence on November 29, 1996. Its primary goal is to assess, liquidate, and dispense funds for legitimate asbestos personal injury claims. This is carried out in strict accordance with the Claims Resolution Procedures.
The decision to form the EPI Trust was instrumental in creating a focused and dedicated system to deal with the onslaught of asbestos-related claims, and the Trust began its operations by welcoming claims from August 1, 1997.
Eagle-Picher Asbestos Trust Claim Submission and Resolution
To facilitate the smooth submission and resolution of claims, the EPI Trust collaborated with the Claims Processing Facility, Inc., strategically located at the East-West Corporate Center in Naperville, IL. This facility acts as the primary contact point for all matters related to the EPI Trust.
Eagle-Picher Asbestos Trust Current Payment by Claim Type
Current payment amounts for each type of claim:
Mesothelioma Claims:
- Expedited Review: $6,500
- Individual Review: $6,500
- Ratio*: 35.0%
Lung Cancer Claims:
- Expedited Review: $2,000
- Individual Review: $2,000
- Ratio*: 35.0%
* 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.
Eagle-Picher Asbestos Products
- “1003” Cement
- 106 Finishing Cement
- 111 High Temperature Cement
- “330” Insulating Cement
- 33 Insulating Cement
- 43 Cement
- 7M Asbestos Finishing Cement
- 85% Magnesia Pipe Covering and Insulating
- 99 Finishing Cement
- Armatemp Cement No. 10
- Armatemp Cement No. 166
- Castable Cement
- Coprtex Cement
- “DE 85” Block
- “DE 95” Block
- D.E. Block
- Drycote
- Eagle 20 Finishing Cement
- Eagle Drycote
- Firekote Cement
- Fireproofing Cement
- Hi-Stick Insulating Cement
- Hi-Temp Corrosion Resistant Paint
- HyLoc Block and Pipe Covering
- HyLo Finishing Cement
- Insulac
- Insulating Cement
- Insulseal
- Insulstic Adhesive Material
- Kings XX Finishing Cement
- Navy Grade Insulating Cement
- Navy Special Insulating Cement
- One-Cote Cement
- Spray Mastic
- Stalastic
- Super “66” Cement
- Superfill “A”
- Superfill “F”
- Supertemp Block
- Swetchek
- Vercel Block
Eagle-Picher 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.
Eagle-Picher Trust Fund Mesothelioma & Lung Cancer Compensation Calculator
Get a comprehensive mesothelioma or lung cancer compensation estimate after asbestos exposure form products related to Eagle-Picher 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.
Flint Cooper is Helping Asbestos Victims for Over 30 Years
Flint Cooper provides expert legal counsel and powerful advocacy for mesothelioma clients.
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