Announcements

Manville: MAP

The Manville Trust has reached its Maximum Annual Payment (MAP) amount for 2019.  Therefore, any claim with a status of “Awaiting Offer Funding” will not receive payment until 2020.  Claims at this status will be carried over to 2020 and placed at the head of the FIFO payment queue. Please refer to the 2002 TDP Section H.8 for further details.

NARCO: Timing of Payments

NARCO ASBESTOS TRUST

NOTICE TO HOLDERS OF ANNUAL CONTRIBUTION CLAIMS

TIMING OF PAYMENTS

To date, the NARCO Asbestos Trust (the “Trust”) has paid holders of Annual Contribution Claims from funds received from dividends paid on the Trust’s holdings of 79% of the stock of Harbison Walker International (“HWI”) and from investments of the dividends. The Trust projects that it will exhaust those funds during the Third Quarter of 2019. Upon exhaustion of those funds, the Trust will pay holders of Annual Contribution Claims based on the schedule and process provided in Section 2.3 (c) of the NARCO Asbestos Trust Agreement.

Following the end of each calendar quarter, the Trust provides Honeywell International Inc. with notice of the claims entered in the Annual Contribution Claims Fund Payment Queue during the quarter. The Trust includes in the notice the funds received by the Trust from the Trust’s holdings in HWI available to pay Annual Contribution Claims. Thirty days after receipt of the notice, Honeywell is obligated to deliver to the Trust funds, as stated in the notice, sufficient to pay the Annual Contribution Claims in the Annual Contribution Claims Fund Payment Queue less amounts, if any, held by the Trust from the Trust’s holdings and subject to annual caps specified in the Trust Agreement.

Honeywell will be given the regular notice of claims entered in the Annual Contribution Claims Fund Payment Queue in the Third Quarter of 2019 during the first week of October. Honeywell will be obligated to transfer the requisite funds thirty days thereafter, that is, in early November. Holders of Annual Contribution Claims entered in the Annual Contribution Claims Fund Payment Queue in the Third Quarter should expect payments in mid- November.

Holders of claims entered in the Annual Contribution Claims Fund Payment Queue in subsequent calendar quarters should expect payments in the second month following the end of the calendar quarter in which their claims were entered in the Payment Queue.

NARCO: Claim Processing Updates Related to Proof of Personal Representative’s Official Capacity

eClaims has been updated to allow claims to be reviewed for exposure, medical and statute of limitations purposes prior to the submission of a Certificate of Capacity Document. To the extent a Certificate of Capacity Document is required, an offer will not be issued until an acceptable document is submitted to the Trust. Certain claims’ statuses have been updated to allow for the further processing of claims affected by this update.

NARCO: Claim Processing Updates Related to Individual Review Claims and Part 4 of the Individual Review Claim Form

eClaims has been updated to allow claims to be processed for exposure, medical and statute of limitations purposes prior to the submission of an IR Part 4 Affirmation. To the extent an IR Part 4 Affirmation is required, an offer will not be issued until an acceptable affirmation is submitted to the Trust. Certain claims’ statuses have been updated to allow for the further processing of claims affected by this update.

Manville: MAP

Per Manville’s TDP, the Trust’s distribution to all claimants for the first nine months of a year shall not exceed 85% of the Maximum Annual Payment (MAP) determined for that year.  Manville has reached this limit for 2019.  Therefore, any claim with a status of “Awaiting Offer Funding” will not receive payment until October of 2019.  Please refer to the 2002 TDP Section H.8 for further details.

Manville: Industry/Occupations

The Manville Trust has expanded its industry/occupation pairings chart with the consent of the Selected Counsel of the Beneficiaries (SCB).  An updated chart has been posted to the website and in-process claims have been updated accordingly.   Additionally, the 2002 claim form has been updated to include many additional occupations.  The industry codes have also been streamlined to coincide with those industries most relevant to asbestos-injury claims.  In process claims have been mapped to these new industries and occupations.
Should you have questions please contact us via the help line or the inquiry tracking board.

Recent eClaims Enhancements: 4/7/2019

1) CRMC has added a new security feature labeled “Payment” on the person page for each law firm user.  Those provided permission by the firm’s administrator will have access to the following reports:
EFT Check/Detail page
EFT Summary page
Accepted offers detail/summary reports
Outstanding offers report
Pending Expiration Report
Executive Summary
The executive summary report is new and contains confidential settlement dollar information which is why the payment security feature has been added.  Administrators, you will need to set this security parameter for only those personnel you wish to grant access to.
2) Addition of “Action By” drop-down on the claim listing page.  This allows you to locate claims for a Trust that require attention by the firm.
3) An updated User Guide has been posted.

Manville: New York Office Move

The Manville Trust’s New York office, which among other things responds to subpoenas of claims records, has moved, as of March 18, 2019.  Its new address is:

Manville Personal Injury Settlement Trust
P.O. Box 270
1132 Main Street, Suite 4
Peekskill, NY 10566

Email and phone remain unchanged:
malissaantonucci@mantrust.org
(p) 914-764-4700

Additional information regarding subpoenas of Manville Trust claims records can be found under the Manville documents tab, in the “Third Party Discovery” FAQ document.