NARCO: COVID-19 Policy Update

NOTICE FROM THE NARCO ASBESTOS TRUST
September 22, 2020


In recognition of the continuing hardships resulting from the current COVID-19 pandemic, effective September 22, 2020, the NARCO Asbestos Trust adopts the following (which replaces and supersedes the Trust’s Notice dated August 12, 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.

Any statute of limitations deadlines and the deferral period pursuant to TDP Section 5.3 are extended from March 23, 2020 (as per the notice dated March 27, 2020 through November 1, 2020. The Trust will assess whether to further extend the statute of limitations deadlines before October 15, 2020 and will give at least five business days’ notice if the Trust determines to further extend the deadlines.

The calculation of time with regard to all other deadlines imposed by the TDP or Trust policies or procedures will resume on October 1, 2020.

If the COVID-19 pandemic presents an issue with regard to other deadlines,
claimants may defer the claim or seek reconsideration of such claim by selecting the appropriate option in eClaims.

The provisions of this Notice will expire on November 1, 2020.

NARCO Trust COVID-19 Policy PDF