Keene Asbestos Trust Fund: Claim Types, Payments and Legal Options

Discover the comprehensive guide on the Keene Trust's establishment, its core functions, and the systematic process of submitting and resolving claims. Dive into a clear understanding of the purpose and comprehensive procedures for asbestos injury claim settlements.

Introduction to Keene Asbestos Trust

Born from the bankruptcy aftermath of the Keene Corporation, the Keene Creditors Trust stands as an emblem of commitment to addressing asbestos personal injury claims.

Keene Asbestos Trust Purpose and Functions

The Keene Creditors Trust finds its raison d'être in its pledge to meticulously process, liquidate, and settle all legitimate asbestos-related personal injury claims. This dedication aligns with the principles set out in the First Amended Keene Asbestos-Related Personal Injury Claims Resolution and Distribution Procedures. This Trust not only represents a symbol of justice for the affected but also ensures a structured approach to claim settlements.

Keene Asbestos Trust Claim Submission and Resolution

For those seeking to submit their claims, the Claims Processing Facility, Inc. serves as the primary point of contact.

Keene Asbestos Trust Current Payment by Claim Type

Current payment amounts for each type of claim:

Mesothelioma Claims:

  • Expedited Review: $125,000
  • Individual Review: $125,000
  • Ratio*: 0.84%

Lung Cancer Claims:

  • Expedited Review: $13,700
  • Individual Review: $41,200
  • Ratio*: 0.84%

* 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.

Keene Asbestos Products

  • All Fiber Asbestos Cement No. 203
  • Armatemp Cement No. 166
  • Asbestos Cloth Jackets
  • Asbestos Commercial Grade Paper
  • Asbestos Corrugated Paper
  • Asbestos Fiber and Sodium Silicate
  • Asbestos Fyrbestos Sheets
  • Asbestos Gasket Grade Paper
  • Asbestos Insulating Blankets
  • Asbestos Lead Joint Runners
  • Asbestos Long Fibre Paper
  • Asbestos Millboard Building Paper
  • Asbestos Non-Burn Grade Paper
  • Asbestos Panel Board Sheets
  • Asbestos Paper Furnace Tape
  • Asbestos Rollboard
  • Asbestos Spray
  • Baldwin-Hill Koldboard
  • BEH Asphalt Cutback
  • BEH Bondtite Cement
  • B-H #1 Insulating Cement
  • B-H 85% Magnesia Pipe Insulation
  • B-H Bond Tite
  • B-H Insulating Cement
  • Boiler Wall Coating Insulating Cement
  • Carey Vitricel Insulating Cement
  • Contracting & Supply Corp. label
  • Ehret Air Cell
  • Ehret and BEH Fibrekote
  • Ehret Asbestos Sponge Felt
  • Ehret’s 85% Magnesia insulation
  • Ehret’s All Fibered Asbestos Cement No. 219
  • Ehret’s Asbestos Gaskets
  • Ehret’s Asbestos Listing
  • Ehret’s Asbestos Rope & Wick Packings
  • Ehret’s Asbestos Sheet Millboard
  • Ehret’s Durant Insulating Pipe
  • Ehret’s Regular Asbestos Cement No. 203
  • Enduro Block Insulation
  • Enduro High Temperature Block
  • Enduro Insulating Cement
  • Enduro Pipe Covering
  • FibreKote
  • Fibrerock Asbestos Fabric
  • Finishing Cement No. 105
  • Finishing Cement No. 119
  • Finishing Cement No. 150
  • Finishing Cement No. 175
  • Finishing Cement No. 200
  • Finishing Cement No. 219
  • Furnace Cement
  • Heat Seal Insulating Cement
  • Insulation's, and Fine-Fiber Glass Fiber Blanket Insulation's.
  • Integral Jackets
  • Keene 8 oz Convas Jackets #45
  • LK Pipe Covering & Block
  • Metal Mesh Blanket Insulation's
  • Mineral Fiber Block Insulation's
  • Minkote Asbestos Roofing
  • Mono-Block and Pipe Covering
  • Monoblock High Temperature Insulation
  • Mono-K
  • Mono-Spray
  • No. 1 Insulating Cement
  • Number One Plus Cement
  • P.K. White
  • Powerhouse Cement
  • Pyrosprays Types I, T, & S
  • Ruberoid/GAF
  • Spun Felt Mineral Fiber Felt Insulation's
  • Styltone
  • Super Powerhouse Cement
  • Surfaces
  • Thermalite 85% Magnesia Pipe and Block Covering
  • Thermalite Block Insulation
  • Thermalite Insulating Cement
  • Thermalite Pipe Covering
  • Thermasil Pipe and Block Covering (Cal-Sil)
  • Thermasil Pipe and Block Insulation's
  • Types I-fireproofing
  • Types T-thermal
  • Uni-Coustic

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.

Morgan & Morgan is Helping Asbestos Victims for Over 40 Years

America's largest personal injury firm fighting for mesothelioma victims nationwide.