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ASBESTOS TRUST FUND


Lawyers reviewing mesothelioma cancer settlements & asbestos trust funds
Nationwide Success

Asbestos Trust Fund Lawyer

Reaching mesothelioma settlements for plaintiffs nationwide

Most companies established an Asbestos Trust Fund after the 1970s, when damaging medical evidence began surfacing about the hazards of asbestos exposure. It became clear that asbestos is the primary cause of mesothelioma, and companies were responsible for exposing workers to toxic materials.

Many companies that manufactured asbestos or asbestos products went bankrupt from legal pressure, and set up trusts for victims in bankruptcy settlements.

Over $30 billion was set aside in Asbestos Trust Funds. Victims of asbestos exposure were compensated about $15 billion between 2006 and 2012. Many mesothelioma victims worked in the following industries:

Trust funds were originally established to compensate workers and families with secondary exposure to asbestos. There were so many lawsuits filed that companies were forced to establish a better way to assist past employees for the damage they caused.

Joe Lyon is a highly-rated Ohio Asbestos Trust Fund Lawyer and Mesothelioma Attorney reviewing workplace injury and toxic exposure cases for plaintiffs nationwide.

Asbestos Trust Fund Claims

When victims file a trust fund claim, it is similar to filing a lawsuit. It is prudent to hire experienced counsel to ensure the procedure is streamlined and compensation is maximized.

Victims must show proof of having an asbestos-related illness and evidence the illness was caused by exposure to asbestos from a company’s product or workplace. Hiring an asbestos trust fund lawyer will help you file your trust fund claim against one or more companies responsible.

Sometime trust funds require plaintiffs to provide their medical records and proof of work history to file a claim. Eligibility requirements for claimants differ for each asbestos trust fund. It is best to work with a lawyer and legal experts in order to gather all available evidence so an asbestos claim is approved.

An asbestos trust fund lawyer can advise plaintiffs on the best type of submission would be in each particular exposure injury case. Asbestos victims who file a claim with the assistance of a lawyer can expect to receive compensation within 3 to 6 months.

There is no safe level of asbestos exposure. Any acute or long-term exposure to asbestos materials can result in serious respiratory illness and cancers. Plaintiffs nay have a claim against former employers if they have been diagnosed with the following:

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ABOUT THE LYON FIRM

Joseph Lyon has 17 years of experience representing individuals in complex litigation matters. He has represented individuals in every state against many of the largest companies in the world.

The Firm focuses on single-event civil cases and class actions involving corporate neglect & fraud, toxic exposure, product defects & recalls, medical malpractice, and invasion of privacy.

NO COST UNLESS WE WIN

The Firm offers contingency fees, advancing all costs of the litigation, and accepting the full financial risk, allowing our clients full access to the legal system while reducing the financial stress while they focus on their healthcare and financial needs.

Asbestos Exposure

While many studies stress that long-term, regular exposure to asbestos can pose the greatest threat to employees, medical evidence indicates that even brief exposure to asbestos can cause fatal illnesses like lung cancer, asbestosis and mesothelioma. The International Agency for Research on Cancer has concluded there is no safe level of human exposure.

When asbestos fibers break down, they can be inhaled and cause inflammation and scarring of the lungs, and further cause deadly cancers such as mesothelioma.

The U.S. Center for Disease Control and Prevention (CDC) warns that a wealth of research shows a “clear” and “strong link” between asbestos exposure and serious health issues like respiratory cancers. The agency notes that the longer a person is exposed in an unsafe workplace, the more hazardous their situation may be.

Asbestos Materials

For most of the 20th century, American companies manufactured and sold asbestos-containing products for various uses and industries. Asbestos was used in construction, auto parts, industrial plants, shipyards, schools, hospitals, and other industries, creating a widespread occupational health hazard.

According to the World Health Organization (WHO), an estimated 125 million people are exposed to asbestos in the workplace worldwide.

Asbestos has been classified as a known cancer-causing agent by the U.S. Department of Health and Human Services (HHS) and the U.S. Environmental Protection Agency (EPA).

Evidence over the years has revealed that numerous companies involved in manufacturing and selling asbestos-containing products knew about potentially deadly risks of exposure. Attorneys in Ohio representing victims and families claim unscrupulous companies and employers concealed available health information from workers and consumers.

Although heavy asbestos use is now rare, it is not yet banned in the United States. Products today can be legally made with asbestos as long as it accounts for less than 1 percent of the product. According to the EPA, limited amounts of asbestos remain in the following products:

  • Cement corrugated sheet
  • Cement flat sheet
  • Clothing
  • Pipeline wrap
  • Roofing felt
  • Vinyl floor tile
  • Cement shingle
  • Millboard
  • Cement pipe
  • Automatic transmission components
  • Clutch facings
  • Friction materials
  • Disk brake pads
  • Drum brake linings
  • Brake blocks
  • Gaskets
  • Non-roofing coatings
  • Roof coatings

Asbestos Trust Funds

Companies with established asbestos trust funds include:

  • ABB Lummus Global Inc. 524(g) Asbestos PI Trust
  • APG Asbestos Trust
  • API, Inc. Asbestos Settlement Trust
  • Armstrong World Industries Asbestos Trust
  • ARTRA Asbestos Trust
  • ASARCO Asbestos Personal Injury Settlement Trust
  • Babcock & Wilcox Asbestos Trust
  • Bondex Trust
  • Burns and Roe Personal Injury Settlement Trust
  • E. Thurston & Sons Asbestos Trust
  • Celotex Asbestos Settlement Trust
  • Combustion Engineering 524(g) Asbestos PI Trust
  • Congoleum Plan Trust
  • DII Industries, LLC Asbestos PI Trust
  • Eagle-Picher Industries, Inc. Personal Injury Settlement Trust
  • Federal Mogul Asbestos Personal Injury Trust—Turner & Newall Subfund
  • Flintkote Asbestos Trust
  • G-I Holdings Inc. Asbestos Personal Injury Settlement Trust
  • K. Porter Asbestos Trust
  • J.T. Thorpe Company Successor Trust
  • J.T. Thorpe Settlement Trust
  • Kaiser Asbestos Personal Injury Trust
  • Keene Creditors Trust
  • Leslie Controls, Inc. Asbestos Personal Injury Trust
  • Manville Trust
  • Metex Asbestos PI Trust
  • General Motors Corporation Asbestos PI Trust
  • National Gypsum Co. (NGC) Bodily Injury Trust
  • North American Refractories Company (NARCO) Asbestos Personal Injury Settlement Trust
  • Owens Corning Fibreboard Asbestos Personal Injury Trust
  • Pittsburgh Corning Corporation Asbestos Personal Injury Settlement Trust
  • Plibrico Asbestos Trust
  • Porter Hayden Bodily Injury Trust
  • Raytech Trust
  • Shook & Fletcher Asbestos Settlement Trust
  • Swan Asbestos and Silica Settlement Trust
  • T H Agriculture & Nutrition, L.L.C. Asbestos Personal Injury Trust
  • United Gilsonite Laboratories Asbestos Personal Injury Trust
  • UNR Asbestos-Disease Claims Trust
  • United States Mineral Products Company Personal Injury Asbestos Trust
  • United States Gypsum Asbestos Personal Injury Settlement Trust
  • Western Asbestos Settlement Trust
  • WRG Asbestos PI Trust
  • Yarway Asbestos Personal Injury Trust
photo of asbestos trust fund attorney Joe Lyon
A Voice for Those who have suffered

Why are asbestos cases important?

Many experience asbestos exposure at the workplace. Workplaces may have been filled with toxic materials, and employers may have failed to warn of the serious health risks of the job. Filing a suit helps to raise the awareness of job safety.

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Asbestos Litigation

The Statute of Limitations for Asbestos Cases

According to the National Institute for Occupational Safety and Health (NIOSH), there are 75 different jobs that can expose workers to asbestos, with those jobs primarily involving construction and manufacturing. Thousands of American workers are  still exposed to asbestos each year. 

Mesothelioma is a serious illness that has been linked to asbestos exposure in medical literature. It is estimated that there will be thousands of new cases following 2020 due to the latency period of 20-50 years after being first exposed to asbestos.

Asbestos Settlements

The Lyon Firm aggressively, professionally, and passionately advocates for injured individuals and families against companies due to asbestos exposure.

2,000,000

Asbestos (Mesothelioma)

1,000,000

Asbestos (Mesothelioma)

Ohio Settlement

The Lyon Firm, along with The Simmons Firm, represented a former Hamilton AK Steel worker in a mesothelioma case. 

The client worked from 1960-1979 as a laborer at Diebold in Hamilton, Ohio. He also worked as a pipefitter, welder, and assembler. From 1963 to 1979, the client worked with and around asbestos materials, equipment and products. During that time, he inhaled asbestos fibers. 

As a result, he suffered a terminal diagnosis of mesothelioma. The settlement will provide his family with the financial support they deserve for the loss of their dedicated loved one.

Request A Free Consultation

 

    • Answer a few general questions.

    • A member of our legal team will review your case.

    • We will determine, together with you, what makes sense for the next step for you and your family to take.

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