|
Welcome to the
M. H. Detrick Company Asbestos Trust Main Page. The purpose of our site is
threefold:
-
To provide information on the
Trust's mission concerning asbestos personal injury claims
and asbestos property damage claims.
The basis of these claims must result from exposure to
asbestos containing material or products ("ACM").
-
To provide information to
assist our claimants and other interested parties to understand
who we are and how we resolve claims.
-
To provide the
tools and resources to file claims.
To assist you in the steps necessary to file
asbestos personal injury claims, we are providing two separate instruction trails. One for Individuals
filing a claim, and the other for Law Firms filing group claims.
** BACKGROUND & HISTORY OF THE TRUST **
To better understand the Trusts mission concerning
asbestos personal injury claims we have included information on the Background and
History of the M. H. Detrick Company Asbestos Trust and when and why it was started.
You may review this information at the following page:
Background & History of the Trust
** ASBESTOS PERSONAL INJURY CLAIMS **
** CLAIMS FILING & PAYMENT **
-
Claims Filing Open Period
** Begins on February 25, 2007
@ 12:00am EST
** End on April 26, 2007 @
12:00AM EST-
All claims
received on a particular day will be processed in random order.
-
There will be separate
processing and payment procedures for the "Individual Claims"
class and "Group Claims" class.
-
Each payment class will receive a
prorated total payment amount which will be based on the total number of claims
received in the two classes: provided, however if the number of Individual
claims is minimal the Trust reserves the right to pay all such claims without proration.
For Example:
Individual Claims
60,000 Claims (60% Total)
Group Claims
40,000 Claims (40% Total)
Total Claims 100,000 Claims (100% Total)
-
Claims payment will be made to
the extent funds are available for payment and will be paid at:
100% payment
value for a Web processed claim
80%
payment value for a Telephone processed claim
The Trustee
expects not all claims
will be paid in the open period cycle due to an anticipated
large claims response. Claimants may check the Web Site for status
of their claims. Individuals providing E-Mail address's will be
notified if their claim will be paid in this claim period. Law Firms
submitting Group Claims will be notified by E-Mail if their
claimants will be paid and the date of the settlement checks.
-
Approved claims not paid in this
open period due to unavailability of funds will be retained in
the Trust database and will be considered for payment in the
next open period which is anticipated to be in the year 2007.
-
Claims payment checks will be
mailed within 120 days after the end of the claims open period.
-
NOTE: Checks which
are not cashed within 120 days after issuance will be voided and the Claim Payment Value will be donated by the Trust to the
Mesothelioma Applied Research Foundation, Inc. for research in lung diseases
including asbestos related lung disease.
NOTICE:
The Claim Filing Period Opened at
1:00am on February 25, 2007 and closed at 12:00pm April 26, 2007.
No claim submissions will be
accepted before or after the announced starting or ending date.
** ASBESTOS PERSONAL INJURY CLAIMS **
|