Reclamaciones de fideicomiso de asbesto: la compensación está disponible sin presentar una demanda
Las compañías de asbesto y sus aseguradoras colocaron cerca de $ 30 mil millones de dólares en fondos fiduciarios para pagar a las personas que resultaron heridas por el asbesto.
Pero casi el 40% de los fondos aún no han sido reclamados por las víctimas. Es posible que tenga derecho a una parte de estos fondos.
Solicitar una compensación al fondo fiduciario de asbesto no es meterse en una pelea.
Este dinero se reservó en una cuenta fiduciaria para los heridos.
Applying for a payment from these trusts is not affecting any company or coming out of anyone’s pocket. This is insurance money specifically to help people hurt by asbestos.
El tribunal ordenó los fondos porque la industria del asbesto ya no pudo ocultar su secreto: el asbesto es muy peligroso para respirar.
Garlock Sealing Technologies Asbestos Trust
Garlock Asbestos Trust
|Core Businesses||manufacture of components for steam equipment and packing materials|
|Bankruptcy||Western District of North Carolina (2010)|
|Year Trust was Founded||2018|
|Assets at Founding||~ $480,000,000|
|Assets as of 2021||$488,978,814|
|Maximum Settlement Value||$298,200|
|Amount of Money Paid To Date||$37,887,339|
|Number of Claims Paid||2,603|
In 1887, Olin J. Garlock founded Garlock Sealing Technologies in Palmyra, New York. The company specialized in the manufacture of sealing rods for steam engines, gaskets, tape, and packing materials.
- Starting in about 1907, Garlock began incorporating asbestos lining into its products.
- By the 1940s, its products were being used in some U.S. Navy ships and submarines due to increased production during World War II. At one point, Garlock was considered the largest domestic manufacturer of packing materials.
- In 1976, Garlock Sealing Technologies was purchased by Colt Industries. This purchase steered Garlock slowly away from the asbestos industry, and it reportedly stopped using the dangerous mineral in its products in 1980.
- In 1987, the company acquired Anchor Packing Company, which came with its own history of asbestos use and asbestos injury claims that were inherited by Garlock.
- In 2002, Garlock was purchased by EnPro Industries, Inc.
Workers Generally Eligible for the Garlock Settlement Facility (Trust):
Workers who may have been at risk of exposure to asbestos due to Garlock products include:
|Factory workers||Shipyard workers / shipbuilders||Construction / Demo workers|
|Laborers||Engine room workers|
Factory workers that manufactured Garlock products were the first in line at risk of developing asbestos related diseases, but the risk did not stop with them.
Military and civilian shipbuilders, pipefitters, engine room workers, construction workers, and many others were also at risk of exposure from Garlock products.
Exposición Secundaria al Asbesto
Spouses and household members of workers may qualify for the Garlock Settlement Facility (Trust) as well.
People who brought home asbestos on their work clothes may have also been exposed in their homes and vehicles. This especially includes anyone who regularly laundered asbestos-tainted work clothes. Asbestos is dusty and durable, and anyone who spent time in a garage or small laundry room breathing it in could have been at risk.
Garlock Settlement Trust History
Garlock was pushed to file for Chapter 11 bankruptcy due to financial distress brought on by asbestos litigation. It filed a bankruptcy petition on June 5, 2010. In the petition, the company stated it was “overwhelmed by the financial and institutional costs of defending and resolving tens of thousands of asbestos claims…”
The Garlock asbestos bankruptcy trust began accepting claims in September 2018.
In 2018, Garlock created the Garlock Settlement Facility (Trust) under its Chapter 11 Joint Plan of Reorganization. The current maximum settlement value is $289,200.
Garlock states that it created the trust to “fairly and equitably resolving all asbestos claims arising as a result of exposure to Garlock or Coltec products…” Instead of a payment percentage, the Trust offers designated maximum and minimum payment values for each type of asbestos disease.
The Garlock Global, Inc. Asbestos Personal Injury Settlement Trust has established forms and procedures to apply and collect compensation from the trust. You can learn more on their sitio web.
In 2021, claims were filed with the Trust, according to its annual financial report.
The report also details that $26,347,818 was paid out in claims in 2021, adding to a total of $37,827,339 that the Trust has paid since it was established.
Important Facts About Asbestos Trust Compensation for People with Asbestos Illnesses
The Vast Majority of Our Clients Qualify for Payments from Multiple Asbestos Trusts.
Depending on where you worked, or how you were exposed to asbestos, you may qualify to file claims with more than one asbestos trust. Different occupations worked with different types of asbestos products. The location of the work – the actual job site – also impacts which claims may be filed. Every case is unique, and thousands of clients have been able to receive compensation from multiple asbestos trusts.
Asbestos Trust Claims Are Not Lawsuits and Do Not Affect a Person’s Employer or Benefits.
Filing claims with asbestos trusts is a separate act than filing a lawsuit against certain companies. It is possible, however, to file a lawsuit and additionally file claims with asbestos trusts. This determination is made on a case-by-case basis depending on each client’s work and/or exposure history. Companies that are not bankrupt are eligible to be sued in a lawsuit, while bankrupt companies are those that were ordered to establish asbestos bankruptcy trusts.
The asbestos trusts exist for the purpose of awarding compensation to qualifying claimants. The courts designated that money be specifically set aside to provide payment to those individuals injured by asbestos. You do not have to be retired to file a claim, and the claim does not affect your current or previous employer(s), or any benefits you may already receive. If you worked with products or at a job site that was owned by a company that has established an asbestos trust, you may meet the criteria for compensation.
Veterans Injured By Asbestos Exposure During Service Can Claim Asbestos Trust Compensation and Veterans Benefits
Asbestos use was extremely common in the U.S. military for decades. Navy ships were built using asbestos insulation to ensure they were fireproof. The boiler rooms on the ships were full of asbestos insulation, gaskets, and valves used on the various types of equipment. Military tanks and vehicles used asbestos containing brake parts as well as gaskets and valves.
Some military jobs, such as mechanics, boilermakers, and pipefitters, to name a few, would cause servicemembers to be directly exposed to asbestos. Other jobs required that work be done near those using or working with asbestos, which still put those workers at risk. A military veteran’s benefits will not be affected by filing asbestos trust claims; this is true even if you already receive disability benefits from the VA.
Cigarette Smokers Are Absolutely Eligible to File Asbestos Trust Claims.
Uno de los conceptos erróneos comunes que rodean las reclamaciones de fideicomisos de asbesto es que las personas que fumaron no pueden solicitar una compensación.
That’s absolutely false.
Our Office has Recovered Many Trust Settlements on Behalf of Smokers.
Asbestos exposure makes it five times more likely you’ll develop lung cancer. Smoking makes it ten times more likely you’ll develop lung cancer. But being a smoker with asbestos exposure makes it fifty times more likely you’ll develop lung cancer.
And that’s why asbestos companies will pay compensation to industrial workers or others exposed to asbestos, even if they were lifelong smokers.
I know this, because many of them are my clients.
Sus derechos pueden perderse si espera.Sus derechos pueden perderse si espera.
Aunque los reclamos de fideicomisos de asbesto no son juicios, están sujetos a las mismas limitaciones de tiempo que los juicios.
Estas leyes se denominan estatutos de limitación.
Los estatutos de limitación especifican cuánto tiempo tiene una persona para presentar una demanda.
Si una persona espera demasiado, pierde el derecho a presentar una demanda.
Every state puts limits on how long individuals have to file lawsuits on their own behalf or on behalf of a deceased loved one. These laws are called Statutes of Limitation, and if you miss one, you will not be able to file any asbestos claims.
Exactamente lo mismo se aplica a los fideicomisos de asbesto:
If you wait too long to file an asbestos trust claim, you’ll lose the right to do so. Statutes of Limitation can be complicated in asbestos cases because a person typically doesn’t develop an asbestos-related illness until many years after he or she was exposed.
Los estatutos de limitaciones a menudo no son muy sencillos en los casos de asbesto porque hay preguntas sobre cuándo debería comenzar el estatuto:
- Does “the clock” start when a person is diagnosed with an asbestos-related illness, or does it start when they find out their illness could have been caused by asbestos?
- Si trabajaron en Texas pero ahora viven en Missouri, ¿qué estatuto se aplica?
These are the sorts of questions that are best posed to an asbestos attorney, and we’re happy to answer them for you.
Si cree que tiene derecho a una compensación por su enfermedad relacionada con el asbesto, llame, envíe un mensaje de texto o envíe un correo electrónico a nuestro bufete de abogados para que podamos decirle cuánto tiempo tiene para tomar la decisión de presentar un reclamo de fideicomiso o buscar una compensación por asbesto a través de una demanda por asbesto.
It won’t cost you anything to call us, but it could cost you everything if you wait too long to file a claim.
Justinian C. Lane, Esq. – AsbestosClaims.Law
Mi abuelo, mi abuela y mi padre estuvieron expuestos al asbesto en su trabajo y los tres murieron de cánceres relacionados con las vías respiratorias.
Me enteré demasiado tarde de los efectos del asbesto en la salud como para ayudarlos.
Pero mi empresa ha ayudado a muchas otras personas a recibir una compensación por los problemas de salud que desarrollaron por la exposición al asbesto.
Llámenos, envíenos un mensaje de texto o envíenos un correo electrónico para una consulta completamente gratuita y sin compromiso. Escucharé los detalles de tu historia y explicaré tus opciones. Solo trabajamos en caso de contingencia, por lo que solo nos pagan si usted lo hace.
Every case is different, but the Law Offices of Justinian C. Lane, Esq. has obtained large settlements for thousands of people harmed by asbestos. This compensation has helped ease our clients’ financial burdens, and offers a legacy to leave for their loved ones.
En AsbestosClaims.Law, hemos ayudado a miles de personas que estuvieron expuestas al asbesto en su trabajo, automóvil o en casa.