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.

Table of Contents
Introduction
Trust Purpose and Functions
Claim Submission and Resolution
Current Payment by Claim Types
Asbestos Products
Legal Options & Free Legal Consultation

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

Asbestos Law Firms 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.