Leslie Controls Asbestos Trust Fund: Claim Types, Payments and Legal Options
The Leslie Controls, Inc. Asbestos Personal Injury Trust serves to manage and address asbestos injury claims. Created in 2011, the Trust outlines specific procedures for claims, starting from March 2012. Get in touch for more details.
Introduction to Leslie Controls Asbestos Trust
Established in 2011, the Leslie Controls, Inc. Asbestos Personal Injury Trust emerged from the confirmation of the Leslie Chapter 11 Joint Plan of Reorganization. This institution was set up to ensure a systematic approach towards handling, evaluating, and settling valid asbestos personal injury claims.
Leslie Controls Asbestos Trust Purpose and Functions
At the heart of the Leslie Controls Asbestos PI Trust's operations is its Trust Distribution Procedures (TDP). The TDP directs the Trust's mission and provides a blueprint for its day-to-day functions. The chief objective of the Trust is to efficiently process and resolve valid personal injury claims stemming from asbestos exposure.
Leslie Controls Asbestos Trust Claim Submission and Resolution
For those seeking redress for asbestos-related personal injuries, the Trust has a clear framework for claim submissions. To file a claim: A designated claim form serves as the proof of claim, establishing the specifics and merit of each case. Claims were officially accepted by the Trust starting on March 01, 2012. For administrative coherence, the Trust recognizes September 01, 2012, as the Initial Claim Filing Date.
This means claims submitted between March and September 2012 are considered as having been filed on this date. The Trust processes these claims according to the sequence defined by Section 5.1(a)(1) of the TDP.
Leslie Controls Asbestos Trust Current Payment by Claim Type
Current payment amounts for each type of claim:
Mesothelioma Claims:
- Expedited Review: $100,000
- Individual Review: $350,000
- Ratio*: 5.0%
Lung Cancer Claims:
- Expedited Review: $25,000
- Individual Review: $125,000
- Ratio*: 5.0%
* 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.
Leslie Controls Asbestos Products
- Gaskets
- Pipe parts
- Pumps
- Steam valves
- Whistles
Leslie Controls 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.
Leslie Controls Trust Fund Mesothelioma & Lung Cancer Compensation Calculator
Get a comprehensive mesothelioma or lung cancer compensation estimate after asbestos exposure form products related to Leslie Controls 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.
Lowe Law Group is Helping Asbestos Victims for Over 15 Years
Compassionate legal support and clear communication for mesothelioma cases.
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