NARCO: COVID-19 Policy Update

NOTICE FROM THE NARCO ASBESTOS TRUST
June 24, 2020


In recognition of the hardships resulting from the current COVID-19 pandemic, effective June 21, 2020, the NARCO Asbestos Trust adopts the following (which replaces and supersedes the Trust’s Notice dated March 27, 2020):

The Trust continues its temporary suspension of any requirement that a document submitted to the Trust be notarized. Documents may be submitted to the Trust without notarization as provided below. The Trust continues its temporary suspension of any requirement that a document be witnessed by more than one person or by a person unrelated to the signatory. Documents may be witnessed by one person who may be a family member.

Provided the claimant’s law firm has entered an electronic filer agreement with the Trust and CRMC, the Trust will continue to accept documents signed by DocuSign or by another commercially reasonable e-signature program. Claimants’ law firms should coordinate submission of documents signed by DocuSign or by another commercially reasonable e-signature program with CRMC.

Deadlines imposed by the TDP, Trust policy or procedures are extended through August 17, 2020. This is an extension of the deadlines, not a tolling of the deadlines. By notice dated March 27, 2020 the Trust tolled deadlines imposed by the TDP, Trust policy or procedures from March 23, 2020, for 90 days, to June 21, 2020. On June 21, 2020, the tolling will end and the tolled times will resume to run. If a time deadline occurs sometime between June 21, 2020 and August 17, 2020, the deadline is extended until August 17, 2020. The Trust will assess whether to further extend the deadlines before August 17, 2020 and will give at least five business days’ notice if the Trust determines to further extend the deadlines.

Without a further extension, the provisions of this Notice will expire on August 17, 2020. Except for the deadlines extended by this Notice, absent further notice from the Trust, on August 17, 2020, the Trust will revert to its prior policies including requiring original signatures.

NARCO Trust COVID-19 Policy PDF