Owens Corning Fiberglas Asbestos Trust Fund and Mesothelioma Claims
In response to the surge of asbestos-related litigation, Owens Corning Fiberglas, a notable manufacturer, established the Owens Corning Fiberglas Asbestos Trust Fund to address its asbestos-related liabilities. Initiated amid the company’s bankruptcy proceedings, the trust fund allocates a significant portion of its assets to compensate individuals adversely affected by Owens Corning Fiberglas’ asbestos-containing products. Since its establishment, the trust has prioritized providing just and equitable compensation to victims of asbestos exposure and associated illnesses.
Occupational Exposure to Asbestos: Owens Corning Fiberglas’ widespread use of asbestos in industrial applications led to significant occupational exposure among workers. Occupations such as construction workers, shipyard workers, insulation installers, and maintenance personnel faced heightened risks of exposure due to asbestos in insulation materials, roofing products, and construction supplies.
Trust Fund Administration: The Owens Corning Fiberglas Asbestos Trust Fund is meticulously managed by a dedicated team of trustees and overseen by a reputable trust management firm. It evaluates claims to ensure eligible individuals receive compensation commensurate with the severity of their injuries, adhering to established guidelines and regulations.
Key Figures and Additional Information:
- Assets: N/A
- Payouts: N/A
- Compensation: Contingent upon injury severity
- Evaluation: Claims undergo meticulous review for fairness
- Accountability: Adherence to established guidelines and regulations
- Support: Comprehensive assistance for victims and families
- Viability: Focus on financial stability and sustainability
- Website: N/A
- Managed By: N/A
- Purpose: To compensate those harmed by Owens Corning Fiberglas’ asbestos products
- History: Established to address asbestos-related liabilities
- Claims Process: Open to victims meeting specific eligibility criteria
- Compensation: Determined based on the severity of injuries
- Transparency: Detailed guidelines available online
- Administration: Manages claim submissions, reviews, and distributions
- Mission: Fairly compensate victims while ensuring trust sustainability
Frequently Asked Questions about Owens Corning Fiberglas Asbestos Trust Fund:
What is the Owens Corning Fiberglas Asbestos Trust Fund?
The Owens Corning Fiberglas Asbestos Trust Fund was established to address liabilities related to asbestos exposure claims against Owens Corning Fiberglas. It provides compensation to individuals harmed by their asbestos-containing products.
Who can file a claim with the trust fund?
Individuals who have been diagnosed with asbestos-related diseases or their eligible family members can file claims with the trust fund if they can demonstrate exposure to Owens Corning Fiberglas asbestos products.
What types of asbestos-related diseases are covered by the trust fund?
The trust fund covers a range of asbestos-related diseases, including mesothelioma, lung cancer, and asbestosis, among others, provided they can be linked to exposure to Owens Corning Fiberglas asbestos products.
How is compensation determined?
Compensation from the trust fund is typically determined based on the severity of the diagnosed asbestos-related disease, the extent of exposure to Owens Corning Fiberglas asbestos products, and other relevant factors outlined in the trust’s guidelines.
Is there a deadline for filing a claim?
Yes, there are deadlines, known as statute of limitations, for filing claims with the trust fund. It’s important to consult legal counsel or the trust fund’s administrators to determine the applicable deadlines for your specific case.
How long does the claims process take?
The duration of the claims process can vary depending on factors such as the complexity of the case, the volume of claims being processed, and the availability of required documentation. However, the trust fund aims to process claims efficiently while ensuring fairness and accuracy.
Can I file a lawsuit against Owens Corning Fiberglas instead of using the trust fund?
In most cases, individuals who are eligible to file claims with the trust fund are barred from pursuing lawsuits against Owens Corning Fiberglas due to bankruptcy proceedings. However, legal counsel can provide guidance on available options based on individual circumstances.
History of Asbestos Exposure and Owens Corning Fiberglas Asbestos Trust Fund:
The Owens Corning Fiberglas Asbestos Trust Fund was established during the company’s bankruptcy proceedings, prompted by the mounting asbestos-related litigation it faced. Owens Corning, a major manufacturer of fiberglass and construction materials, utilized asbestos in various products like insulation and roofing materials due to its heat resistance and durability.
Bankruptcy protection was sought by Owens Corning to manage its legal liabilities stemming from asbestos exposure lawsuits, primarily from individuals suffering from diseases like mesothelioma and lung cancer. The trust fund was a pivotal development in this process, aiming to streamline compensation for affected individuals while ensuring the company’s financial stability.
Governed by a board of trustees, the Owens Corning Fiberglas Asbestos Trust Fund operates transparently, adhering to stringent guidelines for evaluating and distributing compensation to eligible claimants. Its mission is to provide financial support to those harmed by Owens Corning’s asbestos-containing products, maintaining integrity and fairness throughout the claims process.
Occupations Exposed to Owens Corning Asbestos Products:
Auto Mechanics: Handling brakes and clutches containing asbestos fibers led to exposure during repair work, increasing the risk of asbestos-related diseases.
Boiler Technicians: Installing, repairing, or maintaining boilers with asbestos insulation increased exposure among technicians, leading to respiratory issues and other health concerns.
Construction Workers: Installing asbestos-containing materials like insulation and roofing increased exposure, leading to respiratory diseases and other asbestos-related illnesses.
Demolition Workers: Removing asbestos-containing materials during demolition projects released harmful fibers into the air, increasing the risk of exposure.
Electricians: Installing or repairing electrical systems in buildings containing asbestos insulation or wiring increased exposure to asbestos fibers.
Firefighters: Exposure to asbestos occurred during firefighting efforts in buildings with asbestos-containing materials, increasing the risk of respiratory diseases.
HVAC Technicians: Handling HVAC systems with asbestos-containing insulation or ductwork increased exposure, leading to respiratory issues and other health concerns.
Insulators: Installing asbestos insulation materials in buildings and pipes increased exposure, leading to respiratory diseases and other asbestos-related illnesses.
Machinists: Working with machinery containing asbestos components increased exposure, leading to respiratory issues and other health concerns.
Maintenance Workers: Repairing or maintaining equipment with asbestos components increased exposure, leading to respiratory diseases and other health issues.
Pipefitters: Installing or repairing pipes with asbestos insulation or gaskets increased exposure, leading to respiratory issues and other health concerns.
Plumbers: Working with pipes, boilers, and insulation containing asbestos increased exposure, leading to respiratory diseases and other asbestos-related illnesses.
Roofers: Installing or repairing roofs with asbestos-containing materials increased exposure, leading to respiratory issues and other health concerns.
Shipyard Workers: Building or repairing ships with asbestos-containing materials increased exposure, leading to respiratory diseases and other health issues.
Steamfitters: Installing or repairing steam systems with asbestos insulation or gaskets increased exposure, leading to respiratory issues and other health concerns.
Tile Setters: Working with asbestos-containing tiles or adhesives increased exposure, leading to respiratory diseases and other health concerns.
Welders: Working on metal structures with asbestos insulation or coatings increased exposure, leading to respiratory issues and other health concerns.
These occupations faced significant asbestos exposure due to handling, installing, or repairing products containing asbestos fibers, leading to various respiratory diseases and other health concerns.
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Asbestos Products Manufactured by Owens Corning Fiberglas Asbestos Trust Fund:
Asbestos Insulation: Asbestos insulation was widely utilized in buildings for thermal insulation purposes, posing a risk of exposure to asbestos fibers during installation, repair, or removal.
Asbestos Roofing Shingles: Roofing shingles containing asbestos were commonly employed in construction, posing a risk of exposure to asbestos fibers during installation, repair, or removal.
Asbestos Cement: Asbestos cement products, including pipes, sheets, and boards, were prevalent in construction, posing a risk of exposure to asbestos fibers during installation, repair, or demolition.
Asbestos Floor Tiles: Floor tiles containing asbestos were frequently used in residential and commercial buildings, posing a risk of exposure to asbestos fibers during installation, repair, or removal.
Asbestos Textiles: Asbestos textiles, including fabrics and cloth, were utilized for insulation, fireproofing, and protective clothing, posing a risk of exposure to asbestos fibers during handling or use.
Asbestos Gaskets: Asbestos gaskets were utilized in machinery and equipment for sealing purposes, posing a risk of exposure to asbestos fibers during installation, repair, or replacement.
Asbestos Brake Pads: Asbestos brake pads were employed in automotive vehicles for braking purposes, posing a risk of exposure to asbestos fibers during installation, repair, or replacement.
Asbestos Joint Compound: Asbestos joint compound was utilized in construction for sealing joints and gaps, posing a risk of exposure to asbestos fibers during application, sanding, or removal.
Asbestos Fireproofing Materials: Asbestos fireproofing materials were used in buildings to provide fire resistance, posing a risk of exposure to asbestos fibers during installation, repair, or demolition.
Asbestos Electrical Wiring Insulation: Asbestos electrical wiring insulation was used in electrical systems for insulation purposes, posing a risk of exposure to asbestos fibers during installation, repair, or replacement.
Asbestos Automotive Parts: Various automotive parts, including clutch facings, brake linings, and gaskets, contained asbestos, posing a risk of exposure to asbestos fibers during installation, repair, or replacement.
Asbestos HVAC Duct Insulation: Asbestos HVAC duct insulation was utilized in heating, ventilation, and air conditioning systems for insulation purposes, posing a risk of exposure to asbestos fibers during installation, repair, or removal.
Asbestos Ceiling Tiles: Ceiling tiles containing asbestos were commonly used in buildings for acoustic and decorative purposes, posing a risk of exposure to asbestos fibers during installation, repair, or removal.
Asbestos Boiler Insulation: Boiler insulation containing asbestos was used in boilers for thermal insulation purposes, posing a risk of exposure to asbestos fibers during installation, repair, or removal.
Asbestos Steam Pipes: Steam pipes containing asbestos insulation were utilized in industrial facilities for transporting steam, posing a risk of exposure to asbestos fibers during installation, repair, or demolition.
Asbestos Vermiculite: Asbestos-contaminated vermiculite was used in insulation, construction materials, and gardening products, posing a risk of exposure to asbestos fibers during handling or use.
Asbestos Vinyl Flooring: Vinyl flooring containing asbestos was commonly used in residential and commercial buildings, posing a risk of exposure to asbestos fibers during installation, repair, or removal.
Asbestos Paint: Asbestos-containing paint was utilized for fireproofing, insulation, and corrosion resistance, posing a risk of exposure to asbestos fibers during application, sanding, or removal.
Asbestos Caulking: Asbestos-containing caulking was used in construction for sealing joints and gaps, posing a risk of exposure to asbestos fibers during application, sanding, or removal.
Asbestos Drywall: Drywall containing asbestos was used in construction for wall and ceiling applications, posing a risk of exposure to asbestos fibers during installation, repair, or demolition.
Asbestos Pipe Insulation: Pipe insulation containing asbestos was utilized in plumbing and HVAC systems for thermal insulation purposes, posing a risk of exposure to asbestos fibers during installation, repair, or removal.
Asbestos Products and Owens-Corning Products:
- Fiberglass Ceiling Tiles
- Fiberglass Finishing Cement 1962-1964
- Fiberglass Insulating Cement
- Fiberglass Kaylo 10 Block Insulation
- Fiberglass Kaylo 20 Block Insulation
- Fiberglass Kaylo Block Insulation
- Fiberglass Kaylo Heat Insulation
- Fiberglass Kaylo Insulation
- Fiberglass Kaylo Pipe Covering
- Fiberglass Kaylo Pipe Insulation
- Fiberglass One Cote Cement
- Fiberglass Ready Mix
- Fiberglass Type II Mastic
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.
Steps to Apply for Owens Corning Fiberglas 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 Owens Corning Fiberglas 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 Owens Corning’s asbestos products.
Complete Claim Forms: Your attorney will assist you in filling out the required claim forms accurately and in compliance with the Owens Corning Fiberglas Asbestos Trust Fund’s specific guidelines.
Include Exposure Evidence: Provide evidence of your exposure to Owens Corning’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 Owens Corning Fiberglas 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 Owens Corning Fiberglas 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 Owens Corning Fiberglas 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 Owens Corning Fiberglas 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.
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
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.
Mesothelioma Claims: Mesothelioma Damages:
Mesothelioma claims involve seeking compensation for the damages caused by mesothelioma, a type of cancer often linked to asbestos exposure. These damages can include medical expenses, lost wages, pain and suffering, and in some cases, punitive damages. Seeking compensation through legal action can help mesothelioma patients and their families alleviate financial burdens and hold responsible parties accountable for the harm caused by asbestos exposure.
Disfigurement Damages (past and future): Asbestos trust funds provide compensation for disfigurement resulting from mesothelioma, covering visible physical changes like scarring or disfigurement from surgeries or treatments, both historically and anticipated in the future.
Economic Damages (past and future): These damages from asbestos trust funds address the financial losses incurred due to mesothelioma, including medical expenses, lost wages, and reduced earning capacity, both historically and projected into the future.
End of Life Cost Damages: Asbestos trust funds cover the expenses associated with end-of-life care, including medical care, hospice services, and other end-of-life needs for individuals suffering from mesothelioma.
Exemplary Damages: Asbestos trust funds may provide exemplary damages, also known as punitive damages, to punish the asbestos companies for their misconduct and deter future negligence in handling asbestos-related cases.
Funeral Expense Damages: Funeral expense damages from asbestos trust funds cover the costs of funeral and burial services for individuals who have died from mesothelioma, easing the financial burden on their families.
Future Economic Damages: These damages provided by asbestos trust funds account for anticipated financial losses such as ongoing medical treatment, loss of future earnings, and other related expenses for individuals affected by mesothelioma.
General Damages: Asbestos trust funds compensate for general damages, including pain and suffering, mental anguish, loss of enjoyment of life, and other non-monetary impacts of mesothelioma on affected individuals and their families.
Gross Negligence Damages: In cases of gross negligence, asbestos trust funds may provide additional compensation to punish the responsible parties for their particularly reckless conduct in exposing individuals to asbestos.
Loss of Companionship: Asbestos trust funds provide compensation for the loss of emotional support, love, and companionship suffered by family members due to the mesothelioma-related death of a loved one.
Loss of Consortium Damages: These damages from asbestos trust funds address the negative impact of mesothelioma on the relationships of affected individuals with their spouses or partners, compensating for the loss of companionship and support.
Loss of Earning Capacity Damages: Asbestos trust funds cover the reduction in an individual’s ability to earn income in the future due to mesothelioma, considering factors such as disability and shortened life expectancy.
Loss of Life Damages: Asbestos trust funds provide compensation for the premature loss of life resulting from mesothelioma, acknowledging the value of the deceased individual’s life and the impact of their death on their family.
Loss of Wages Damages (past and future): These damages from asbestos trust funds cover the income lost by individuals due to mesothelioma, both historically and projected into the future, ensuring that financial losses are fully accounted for.
Medical Expense Damages: Asbestos trust funds reimburse individuals for the costs of medical treatment related to mesothelioma, including surgeries, chemotherapy, medications, and other necessary medical care.
Mental Anguish Damages: Asbestos trust funds compensate individuals for the emotional pain, suffering, and psychological trauma caused by mesothelioma, including anxiety, depression, and distress resulting from the illness.
Monetary Compensation Damages: Asbestos trust funds provide financial restitution to individuals and families affected by mesothelioma, encompassing both economic and non-economic damages awarded in a lawsuit.
Nominal Damages: Nominal damages from asbestos trust funds are symbolic awards granted when the injury is minor or no actual financial loss has been incurred, serving as a recognition of legal rights rather than substantial compensation.
Non-Economic Damages: Asbestos trust funds compensate for non-economic losses such as pain and suffering, emotional distress, loss of enjoyment of life, and loss of companionship, providing financial relief for these intangible impacts.
Pain and Suffering Damages: Asbestos trust funds compensate individuals for the physical pain, discomfort, and emotional distress caused by mesothelioma, including symptoms such as chest pain and difficulty breathing.
Pecuniary and Non-Pecuniary Damages: Asbestos trust funds cover both pecuniary losses such as medical expenses and lost wages, as well as non-pecuniary losses like pain and suffering, providing comprehensive compensation for mesothelioma victims.
Physical Impairment Damages (past and future): These damages from asbestos trust funds address the physical limitations and disabilities resulting from mesothelioma, both historically and anticipated in the future, ensuring full compensation for the impact on quality of life.
Punitive Damages: Asbestos trust funds may provide punitive damages to punish the responsible parties for their misconduct in exposing individuals to asbestos and deter similar behavior in the future.
Treble Damages: In cases of egregious conduct, asbestos trust funds may award treble damages, allowing for the recovery of three times the amount of actual damages to further punish the responsible parties.
Workers Compensation Damages: Asbestos trust funds provide financial benefits to individuals who suffer from mesothelioma due to exposure in the workplace, covering medical expenses, lost wages, disability benefits, and vocational rehabilitation services.
Wrongful Death Claims: Asbestos trust funds compensate the surviving family members of individuals who have died from mesothelioma, covering financial losses such as funeral expenses, loss of income, and loss of consortium.
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Owens Corning Fiberglas Asbestos Trust Fund and Mesothelioma Claims