Fibreboard Asbestos Trust Fund and Mesothelioma Claims
The Fibreboard Asbestos Trust Fund, managed by Trust Management Solutions, LLC, aims to compensate individuals harmed by Fibreboard Corporation’s asbestos products. Established to address asbestos-related liabilities, the trust’s claims process is open to victims of Fibreboard Corporation asbestos exposure, with specific eligibility criteria. Compensation is determined based on injury severity and other relevant factors, with detailed guidelines available on the trust’s website. Trust Management Solutions administers claim submissions, reviews, and distributions, focusing on fairly compensating asbestos victims while ensuring the trust’s long-term viability.
This trust fund prioritizes transparency and fairness while addressing the long-term sustainability of compensation for asbestos victims. With its rigorous evaluation process and commitment to adhering to established guidelines, the Fibreboard Asbestos Trust Fund strives to provide equitable compensation to those affected by asbestos exposure. Through its dedicated administration and comprehensive online resources, the trust aims to support individuals and families throughout the claims process, ensuring that they receive the assistance they need while maintaining financial stability for future compensation.
Key Figures:
- Assets: Approximately $50 million in combined assets.
- Payouts: Over $30 million disbursed to date.
- Average Compensation: Ranges from $60,000 to $220,000, depending on the extent of injuries.
- Evaluation: Claims meticulously reviewed to ensure fairness and accuracy.
- Accountability: Trust adheres to established guidelines and regulations for transparent and accountable compensation processes.
- Support: Assistance provided to victims and families throughout the claims process.
- Viability: Focus on maintaining financial stability and sustainability for ongoing compensation.
- Website: fibreboardtrust.com
- Managed By: Trust Management Solutions, LLC.
- Purpose: Provide compensation to individuals harmed by Fibreboard Corporation asbestos products.
- History: Fibreboard Corporation established the trust to address asbestos-related liabilities.
- Claims Process: Open to victims of Fibreboard Corporation asbestos exposure, with specific eligibility criteria.
- Compensation: Determined based on the severity of injuries and other relevant factors.
- Transparency: Detailed guidelines and procedures available on the trust’s website.
- Administration: Trust Management Solutions manages claim submissions, reviews, and distributions.
- Mission: Fairly compensate asbestos victims while ensuring the long-term viability of the trust.
History of the Fibreboard Asbestos Trust Fund
The Fibreboard Asbestos Trust Fund emerged from a complex history of asbestos litigation and mesothelioma lawsuits against Fibreboard Corporation. Asbestos, once heralded for its fire-resistant properties, was later linked to severe health risks, including mesothelioma, prompting a wave of legal action against companies like Fibreboard. Facing mounting liabilities, Fibreboard filed for bankruptcy protection, leading to the establishment of the trust fund to address the fallout from asbestos-related claims.
Mesothelioma lawsuits targeting Fibreboard Corporation typically involved workers across various industries, including construction, shipbuilding, automotive, and manufacturing, where asbestos exposure was prevalent. Plaintiffs alleged that Fibreboard’s products, such as insulation materials and building components, contained asbestos fibers that caused debilitating illnesses. The trust fund was designed to streamline the claims process, providing compensation to victims harmed by Fibreboard’s asbestos-containing products.
Over time, the Fibreboard Asbestos Trust Fund has played a vital role in resolving mesothelioma claims and providing financial assistance to affected individuals and their families. While the fund cannot erase the suffering caused by asbestos exposure, it represents a crucial step towards accountability and restitution for those impacted by Fibreboard’s products. Through diligent management and administration, the trust fund continues to honor its commitment to supporting asbestos victims and ensuring fair compensation in the face of asbestos-related challenges.
FAQs about The Fibreboard Asbestos Trust Fund:
What is the Fibreboard Asbestos Trust Fund?
The Fibreboard Asbestos Trust Fund was established to address the fallout from asbestos-related claims against Fibreboard Corporation, which faced bankruptcy due to mounting liabilities from mesothelioma lawsuits.
Who can file a claim with the Fibreboard Asbestos Trust Fund?
Victims harmed by Fibreboard’s asbestos-containing products, including workers across various industries such as construction, shipbuilding, automotive, and manufacturing, can file claims for compensation.
What types of asbestos-containing products did Fibreboard manufacture?
Fibreboard produced a range of products, including insulation materials and building components, that contained asbestos fibers, exposing workers to severe health risks such as mesothelioma.
How does the trust fund streamline the claims process?
The trust fund is designed to simplify the claims process for victims, providing a mechanism for swift compensation to those harmed by Fibreboard’s asbestos products.
What role does the Fibreboard Asbestos Trust Fund play in resolving mesothelioma claims?
The trust fund plays a vital role in providing financial assistance to mesothelioma victims and their families, aiming to offer some measure of accountability and restitution for the harm caused by asbestos exposure.
Can the Fibreboard Asbestos Trust Fund erase the suffering caused by asbestos exposure?
While the trust fund cannot erase the suffering endured by victims, it represents a significant step towards acknowledging and addressing the impact of Fibreboard’s asbestos-containing products on individuals and communities.
How is the Fibreboard Asbestos Trust Fund managed?
The trust fund is managed and administered to ensure fair compensation to claimants, maintaining transparency and accountability in its operations.
What is the commitment of the Fibreboard Asbestos Trust Fund towards asbestos victims?
The trust fund is committed to supporting asbestos victims and their families by providing financial assistance and ensuring fair compensation in the face of asbestos-related challenges.
Steps to Apply for Fibreboard Asbestos Trust Fund Compensation:
Gather Medical Documentation: Collect essential medical records, including your mesothelioma diagnosis, biopsy reports, and statements from medical professionals detailing your condition.
Consult an Attorney: Seek guidance from an experienced mesothelioma trust fund lawyer. They will provide crucial advice and ensure you meet all the necessary requirements for filing a claim with the Fibreboard Asbestos Trust Fund.
Identify Trusts: Your attorney will help identify the appropriate asbestos trust funds to file a claim with, considering your specific exposure history and circumstances related to Fibreboard asbestos products.
Complete Claim Forms: Your attorney will assist you in filling out the required claim forms accurately and in compliance with the Fibreboard Asbestos Trust Fund specific guidelines.
Include Exposure Evidence: Provide evidence of your exposure to Fibreboard Corporation’s asbestos products, such as witness statements, employment records, or invoices linking the products to your exposure history.
Trust Review: After submitting your claim, the Fibreboard Asbestos Trust Fund will begin the claims review process. Your attorney will monitor the progress and ensure your claim is processed promptly.
Trust Decision: The trust will review your claim and determine the compensation amount based on the severity of your illness and other relevant factors. Your attorney will advocate for fair compensation on your behalf.
Acceptance or Appeal: If your claim is accepted, you will receive compensation from the Fibreboard Asbestos Trust Fund. In the event of a denial, your attorney can assist with the appeals process to seek a reconsideration of your claim.
Compensation Distribution: Once approved, the trust will distribute compensation to cover various expenses, including medical bills, lost wages, and pain and suffering resulting from mesothelioma.
Why Working with an Experienced Mesothelioma Trust Fund Lawyer is Vital:
Expertise: Experienced lawyers understand the complexities of trust fund laws and procedures, ensuring your claim is handled efficiently.
Maximized Compensation: Attorneys advocate for your rights, aiming to secure the maximum compensation you deserve from the Fibreboard Asbestos Trust Fund.
Timeliness: Lawyers ensure your claim is correctly submitted and promptly processed, minimizing any unnecessary delays in receiving compensation.
Legal Guidance: They provide valuable legal counsel, explaining your options and helping you make well-informed decisions throughout the claims process.
Peace of Mind: Dealing with a mesothelioma diagnosis is already stressful. A lawyer can alleviate some of this burden by managing the legal aspects of your claim.
No Upfront Costs: Most mesothelioma lawyers work on a contingency basis, meaning they only receive payment if you win compensation, easing any financial concerns associated with legal representation.
The Fibreboard Asbestos Trust Fund can provide significant financial assistance during this challenging time. Working with a skilled attorney increases your chances of a successful claim outcome and ensures you receive the support you need.
FIND OUT IF YOU QUALIFY TODAY! – Call Our Nationwide Toll-Free Mesothelioma Helpline – 888.640.0914
Occupations With Asbestos Exposure from Fibreboard Asbestos Containing Products
Automotive Mechanics: Exposed to asbestos through brake pads and clutch linings, which released asbestos fibers during repair and replacement tasks, leading to inhalation.
Boiler Technicians: Handling asbestos-containing insulation materials during boiler maintenance and repair work, causing the release of asbestos fibers into the air, leading to inhalation exposure.
Carpenters: Installed asbestos-containing construction materials such as insulation, roofing, and siding, which released asbestos fibers when cut, drilled, or disturbed, leading to inhalation exposure.
Construction Workers: Used asbestos-containing materials like insulation, drywall joint compounds, and cement products, causing asbestos fibers to be released into the air during construction activities, leading to inhalation.
Demolition Crews: Exposed to asbestos fibers when demolishing buildings containing asbestos materials such as insulation, roofing, and flooring, leading to inhalation during the demolition process.
Electricians: Handled asbestos-containing electrical insulation materials during installation and maintenance tasks, causing asbestos fibers to be released into the air when wiring was cut or disturbed, leading to inhalation.
Factory Workers: Worked in facilities where asbestos-containing products were manufactured, exposing them to asbestos fibers released during production processes, leading to inhalation exposure.
Firefighters: Exposed to asbestos fibers when responding to fires in buildings containing asbestos materials, leading to inhalation during firefighting activities and exposure to asbestos-laden smoke.
HVAC Technicians: Installed and maintained heating, ventilation, and air conditioning systems containing asbestos insulation or gaskets, causing asbestos fibers to be released into the air during installation and repair tasks, resulting in inhalation exposure.
Insulators: Installed and removed asbestos-containing insulation materials in buildings and industrial facilities, leading to direct exposure to airborne asbestos fibers during installation, maintenance, and removal tasks.
Machinists: Worked with machinery containing asbestos components, such as brakes and gaskets, leading to asbestos fiber release during machining and repair activities, resulting in inhalation exposure.
Maintenance Workers: Performed maintenance tasks on equipment and machinery containing asbestos components, leading to asbestos fiber release during repair and replacement tasks, resulting in inhalation exposure.
Mechanics: Handled asbestos-containing brake linings, gaskets, and insulation in vehicles and machinery, causing asbestos fibers to be released during repair and maintenance tasks, leading to inhalation exposure.
Millwrights: Installed and repaired machinery containing asbestos insulation and gaskets, leading to asbestos fiber release during installation, repair, and maintenance activities, resulting in inhalation exposure.
Painters: Applied paints containing asbestos to surfaces or worked in buildings where asbestos-containing paints were used, leading to exposure to airborne asbestos fibers during painting activities.
Plumbers: Installed and repaired pipes and plumbing fixtures containing asbestos insulation or gaskets, causing asbestos fibers to be released into the air during installation and repair tasks, resulting in inhalation exposure.
Roofers: Worked with roofing materials containing asbestos, such as shingles and insulation, leading to asbestos fiber release during roof installation, repair, and replacement tasks, resulting in inhalation exposure.
Shipyard Workers: Built and repaired ships using asbestos-containing materials such as insulation, gaskets, and fireproofing materials, leading to asbestos fiber release during ship construction and repair activities, resulting in inhalation exposure.
Steelworkers: Worked in steel mills where asbestos-containing materials were used for insulation and fireproofing, leading to exposure to airborne asbestos fibers during steel production processes, resulting in inhalation exposure.
Tile Setters: Installed floor and ceiling tiles containing asbestos, causing asbestos fibers to be released into the air during tile cutting, drilling, and installation tasks, leading to inhalation exposure.
Welders: Worked with welding rods and equipment containing asbestos insulation or gaskets, causing asbestos fibers to be released into the air during welding activities, resulting in inhalation exposure.
Warehouse Workers: Handled asbestos-containing products such as insulation materials and gaskets stored in warehouses, leading to exposure to airborne asbestos fibers during storage and handling activities, resulting in inhalation exposure.
Yard Workers: Performed various tasks in industrial yards where asbestos-containing materials were stored or used, leading to exposure to airborne asbestos fibers during yard work activities, resulting in inhalation exposure.
TO GET HELP – Our Nationwide Toll-Free Mesothelioma Helpline Number is 888.640.0914
Fibreboard Asbestos Trust Fund’s Asbestos Products:
Adhesives: Used in construction and manufacturing for bonding materials, asbestos-containing adhesives emitted fibers during application and drying processes, leading to inhalation exposure among workers handling them.
Brake Linings: Asbestos fibers were incorporated into brake linings for automobiles and machinery, releasing hazardous fibers during manufacturing, installation, repair, and replacement tasks, leading to inhalation exposure.
Caulking Compounds: Asbestos-containing caulking compounds were commonly used in construction and shipbuilding, emitting fibers during application and drying, leading to inhalation exposure among workers applying or removing them.
Ceiling Tiles: Asbestos was used in ceiling tiles for its fire-resistant properties, releasing fibers during installation, repair, and removal tasks, leading to inhalation exposure among workers handling them.
Cement Products: Asbestos fibers were added to cement products for reinforcement and fireproofing purposes, releasing hazardous fibers during mixing, pouring, and finishing tasks, leading to inhalation exposure among workers in construction and manufacturing.
Drywall Joint Compound: Used in construction for finishing drywall seams, asbestos-containing joint compound emitted fibers during application, sanding, and finishing processes, leading to inhalation exposure among workers using them.
Fireproofing Materials: Asbestos-containing fireproofing materials were applied to structural components in buildings and ships, emitting fibers during application and repair tasks, leading to inhalation exposure among workers applying or removing them.
Flooring Materials: Asbestos fibers were incorporated into flooring materials such as vinyl tiles and linoleum for durability and fire resistance, releasing hazardous fibers during installation, repair, and removal tasks, leading to inhalation exposure among workers handling them.
Gaskets: Asbestos-containing gaskets were used in various industries, including automotive, manufacturing, and shipbuilding, emitting fibers during installation, repair, and replacement tasks, leading to inhalation exposure among workers handling them.
Insulation Materials: Asbestos was widely used in insulation materials for its heat-resistant properties, releasing fibers during installation, repair, and removal tasks, leading to inhalation exposure among workers handling them.
Joint Compound: Asbestos-containing joint compound was used in construction for sealing joints and gaps, emitting fibers during application, sanding, and finishing tasks, leading to inhalation exposure among workers using them.
Packing Materials: Asbestos-containing packing materials were used in machinery and equipment for sealing and insulation, emitting fibers during installation, repair, and replacement tasks, leading to inhalation exposure among workers handling them.
Pipe Insulation: Asbestos-containing pipe insulation was used in plumbing and heating systems for its thermal insulation properties, emitting fibers during installation, repair, and removal tasks, leading to inhalation exposure among workers handling them.
Roofing Materials: Asbestos fibers were incorporated into roofing materials such as shingles and felt for durability and fire resistance, releasing hazardous fibers during installation, repair, and removal tasks, leading to inhalation exposure among workers handling them.
Siding Materials: Asbestos-containing siding materials were used in construction for their weatherproofing and fire-resistant properties, emitting fibers during installation, repair, and removal tasks, leading to inhalation exposure among workers handling them.
Textiles: Asbestos fibers were woven into textiles for their strength and fire resistance, releasing fibers during manufacturing, cutting, and handling tasks, leading to inhalation exposure among workers in textile mills.
Tiles: Asbestos-containing tiles were used in flooring, ceiling, and wall applications for their durability and fire resistance, emitting fibers during cutting, drilling, and installation tasks, leading to inhalation exposure among workers handling them.
Turbine Insulation: Asbestos-containing turbine insulation was used in power plants and industrial facilities for thermal insulation, emitting fibers during installation, repair, and removal tasks, leading to inhalation exposure among workers handling them.
Valve Packing: Asbestos-containing valve packing was used in industrial valves for sealing and insulation, emitting fibers during installation, repair, and replacement tasks, leading to inhalation exposure among workers handling them.
Wallboard: Asbestos-containing wallboard was used in construction for its fire-resistant properties, emitting fibers during installation, repair, and removal tasks, leading to inhalation exposure among workers handling them.
Evidence Required to File an Asbestos Trust Fund Claims:
- Diagnosis: Medical documentation, including biopsy information and pathology reports, confirming mesothelioma or asbestos-related disease diagnosis.
- Physician Statement: Signed statement from a doctor or mesothelioma specialist confirming the diagnosis and linking it to asbestos exposure.
- Exposure Evidence: Witness affidavits, employment records, or company invoices demonstrating exposure to asbestos-containing products or environments.
- Product Identification: Documentation identifying the specific asbestos-containing products or materials encountered by the claimant.
- Work History: Employment records or testimony establishing the claimant’s history of working with or around asbestos-containing materials.
- Medical Records: Records of medical treatments, tests, and examinations related to the mesothelioma diagnosis and asbestos exposure.
- Proximity Evidence: Documentation or testimony showing the claimant’s proximity to asbestos-containing materials or environments.
- Expert Testimony: Statements or reports from medical or occupational health experts supporting the link between asbestos exposure and the development of mesothelioma.
- Witness Testimony: Testimony from coworkers, supervisors, or others familiar with the claimant’s work environment and exposure to asbestos.
- Photographs: Photographic evidence of asbestos-containing products, equipment, or work environments encountered by the claimant.
- Personal Statements: Written or recorded statements from the claimant describing their work history, exposure to asbestos, and resulting medical condition.
- Death Certificate (for wrongful death claims): If the claim is filed on behalf of a deceased individual, a death certificate confirming the cause of death, such as mesothelioma, may be required.
TO GET HELP – Our Nationwide Toll-Free Mesothelioma Helpline Number is 888.640.0914
Settlement Averages for Mesothelioma Lawsuits
The average verdict in a mesothelioma lawsuit is about $2.4 million, and the average settlement is between $1 million and $1.4 million according to Mealey’s Litigation Report.
Diagnosed With Mesothelioma?
If you or a family member has received a diagnosis of malignant mesothelioma, you probably have numerous questions about managing the illness and pursuing legal recourse against asbestos manufacturers and companies accountable for your asbestos exposure. Mesothelioma is an extremely lethal disease, with an average survival time of 4-18 months, as per the American Cancer Society. Reach out to our toll-free number now to connect with a live mesothelioma counselor who can address many of your inquiries and offer you the reassurance you seek.
Family Member Died from Mesothelioma?
If you have a family member who has died from Mesothelioma cancer, you should immediately consult with an experienced Mesothelioma diagnosis lawyer about what compensation may be available to you from asbestos trust funds that total more than $30 billion.
We have seen many families lose their right to file a lawsuit because their Statute of Limitations had expired while they were grieving. We know it is a tough time to grieve the loss of a loved one, but please do not let your Statute of Limitations expire for filing your Mesothelioma lawsuit. In most states, the Statute of Limitations is 1-3 years.
It is VERY IMPORTANT that you file your Mesothelioma claim within your state’s Statute of Limitations.
Taking Legal Action
When confronted with the devastating impact of a mesothelioma diagnosis resulting from asbestos exposure, pursuing legal action becomes a crucial step towards securing the compensation you rightly deserve. Our team is here to assist you in initiating a mesothelioma lawsuit with an experienced mesothelioma attorney, ensuring the protection of your rights and the delivery of justice. Discover today which Asbestos Trust Funds you may be eligible for to receive compensation.
Schedule a FREE Case Consultation
Scheduling a free case consultation is your first step toward seeking justice in mesothelioma cancer lawsuits. We are ready to assess your unique situation and provide the guidance you will need during this challenging time. Take this essential step toward pursuing fair compensation for your mesothelioma-related injuries.
Get Help from an Experienced Mesothelioma Attorney
When dealing with the complexities of mesothelioma cancer lawsuits, getting help from an experienced injury attorney is crucial. For more than 24 years, we have assisted workers, veterans, and families in obtaining the compensation they deserved from negligent asbestos companies. Contact us at 888.640.0914 to secure the support you will need throughout your pursuit of fair and just compensation.
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Fibreboard Asbestos Trust Fund and Mesothelioma Claims