C.E. Thurston & Sons Asbestos Trust:The C.E. Thurston & Sons Asbestos Trust POC has been updated to reflect the following changes. The changes are:
— in page 7, changing “Son’s” to “Sons”
— in Page 15 revising the beginning of the Diagnosed Injuries section. Revised POC form Proof of Claim Form – Rev. 2.
The Trustees of the Manville Trust have decided to retain the 7.5% payment percentage as of September 19, 2011.
The Manville Trust is required, under Section H.1(d) of the 2002 Manville Trust Distribution Process, at least every three years to re-estimate the values of its total assets and its total liabilities and determine whether a revised pro rata payment percentage should be applied to past, present or future claims. The Trust last performed such a re-estimation in 2008. The Trust has retained a consultant to project its future claims, and is reviewing the consultant’s findings with the Selected Counsel for the Beneficiaries and the Legal Representative of Future Claimants (the “Trust Advisors”). When it completes that re-estimation and reviews with and receives concurrence of the Trust Advisors, the Trust will announce its determination.
The Trustees of the Manville Trust have amended the 2002 TDP by adding Section C. 11: Manville Trust Distribution Process (TDP) Amendment Secondary Exposure Claims.
For any claim that meets the SOE requirement based on secondary exposure, a new filing document will be required. That form will be the MV-Bystander Verification Form a sample of which is available on the CRMC website. On this form, the claimant or their representative will affirm the exposure entered into the e-claims application by the law firm. Once submitted, the form will be reviewed and either accepted or rejected. Bystander Verification Form.
The Trustees of the United States Mineral Products Company have set their pro rata payment percentage at 12.5%. CRMC will begin accepting claims on Thursday, July 29, 2010.
The Trustees of the Manville Trust have issued their policy regarding the evaluation of foreign (where primary exposure took place outside the United States or Canada) claims. This policy and the process to be followed can be found under the Documents tab, Manville Trust, Letter F or by clicking here: Foreign Claim Evaluation & Process.
An overview of filing with the USM trust is available. Please click here to view.
CRMC has posted the video from yesterday’s webinar with electronic and hybrid filers for filing with USM. You will need Windows Media Player to view the video. Please note, there is no video for the first few minutes until the system demonstration begins.
The updated version of the C.E. Thurston & Sons Asbestos Trust Approved Site List (5/18/10) is posted on CE Thurston Documents Tab S.
Two new documents Data Availability Agreement and Data Availability Policy are posted on Manville Trust Documents Tab D.