WebThe Kaiser Asbestos Personal Injury Trust was created in 2006 as a result of the confirmation of The Kaiser Aluminum & Chemical Corporation Chapter 11 Joint Plan of Reorganization (the "Plan"). The Trust was created to process, liquidate and pay valid asbestos personal injury claims in accordance with the Kaiser Aluminum & Chemical … WebThe GAF Cares Employee Relief Fund was created to help employees who are facing financial hardship immediately after a natural disaster, impact to individual residences …
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WebGAF 14 – GAF TC II 2024 Trust. This Trust will provide access for qualified purchaser investors into the Limited Partnership interest of a leading software and technology focused private equity and credit investment … WebTrust Amount: $770 million Asbestos Trust Fund After filing for bankruptcy in 2001, G-I Holdings, the parent company of GAF Corporation, created a trust to handle the current and future asbestos claims. The trust was … teri huffman
Senior Manager of Supply Chain GAF/SIPLAST - LinkedIn
WebThe Owens Corning Fibreboard Asbestos Personal Injury Trust was formed in October 31, 2006 as a result of the bankruptcy of Owens Corning and its wholly owned subsidiary Fibreboard to resolve all asbestos claims for which those entities had legal responsibility. WebApr 6, 2024 · A personal injury trust may be set up as an absolute, interest in possession or discretionary trust. They may even qualify as a disabled trust provided it satisfies the conditions on who may benefit. Reasons for setting up a personal injury trust. A key reason for setting up a personal injury trust is to prevent the award causing a loss of ... WebSep 27, 2024 · The personal injury trust was initially funded with $2.5 billion, and the property damage trust was funded with $125 million. The trust first became operational in 1988. Within that first year, those maintaining the trust noted it had settled over 12,600 claims for nearly $500 million and had paid out over $50 million to 1,200 claimants. teri hudson obituary