Pittsburgh Corning Asbestos Trust Fund: Claim Types, Payments and Legal Options
The Pittsburgh Corning Corporation Asbestos Personal Injury Settlement Trust offers a structured way to address asbestos-related injury claims. This article delves into its purpose, functioning, and the process for claim submission and resolution.
Introduction to Pittsburgh Corning Asbestos Trust
The Pittsburgh Corning Corporation Asbestos Personal Injury Settlement Trust, commonly known as "the Trust" was conceived under Chapter 11 of the Bankruptcy Code. Its primary mission is to address and resolve the Asbestos Personal Injury Claims. This establishment stands as an embodiment of a comprehensive strategy to ensure fairness and equity for present and future claimants.
Pittsburgh Corning Asbestos Trust Purpose and Functions
The Trust operates under the directives of the Modified Third Amended Joint Plan of Reorganization, guided by its set parameters. Overseen by its appointed Trustees, the Trust ensures a balanced, equitable, and consistent treatment for all claims. The framework's design and administration by the Trustees uphold the tenets of fairness and uniformity for all present and potential future claims.
Pittsburgh Corning Asbestos Trust Claim Submission and Resolution
For those seeking to submit a claim, clear guidelines and procedures are available. These provide crucial insights into timelines, modes of submission, and other vital details. Notably, the Trust commenced accepting claims pertaining to the Pittsburgh Corning Corporation Asbestos Personal Injury Settlement on March 21, 2017, from 10:00 A.M. EST.
Pittsburgh Corning Asbestos Trust Current Payment by Claim Type
Current payment amounts for each type of claim:
Mesothelioma Claims:
- Expedited Review: $175,000
- Individual Review: $500,000
- Ratio*: 24.5%
Lung Cancer Claims:
- Expedited Review: $47,500
- Individual Review: $100,000
- Ratio*: 24.5%
* 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.
Pittsburgh Corning Asbestos Products
- Braided Rod Packing
- Foamglas Building Insulation
- Gasoline Packing
- Insubestos Felt Insulation
- Insutape
- Semi-metallic Asbestos High Pressure Packing
- Unarco Insulating Cement #50
- Unarco Insulating Cement #75
- Unibestos Block Insulation
- Unibestos Insulation
- Unibestos Pipe Covering
Pittsburgh Corning 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.
Pittsburgh Corning Trust Fund Mesothelioma & Lung Cancer Compensation Calculator
Get a comprehensive mesothelioma or lung cancer compensation estimate after asbestos exposure form products related to Pittsburgh Corning 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.
Peiffer Wolf Carr Kane Conway & Wise is Helping Asbestos Victims for Over 25 Years
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