CET Updated COVID-19 Policy

The Trust’s temporary COVID-19 policy expires on September 30, 2021.  Please see the Trust’s Updated Policy on Signature and Release Requirements for information regarding the use of electronic authentication programs and other means of document authentication.

Statute of Limitation. At this time, the Trust will continue to enforce deadlines for the filing of claims set forth in the Trust documents. However, in recognition of the inability of many claimants to file their claim on a timely basis as a result of circumstances related to the COVID-19 pandemic, the Trust will extend the applicable limitation period through September 30, 2021 for claims whose limitation period expires on or after March 20, 2020.

Offers. The Trust recognizes the inability of many claimants, as a result of circumstances related to the COVID-19 pandemic, to respond to offers in the time frame required. As such, where the time to respond to an offer expires on or after March 20, 2020 the Trust will extend the time through September 30, 2021.

Affidavit. In light of current guidelines related to the COVID-19 pandemic, the Trustee recognizes that some claimants may not have access to a notary. The Trust may accept the signature of one witness (related or unrelated) as reliable authentication of an affidavit if the affidavit was executed and submitted to the Trust during the period from March 20, 2020 through September 30, 2021. The Trust will also accept the authentication of affidavits through DocuSign or similar Trust authorized electronic signature program, provided that documentation of the electronic signature history and a certificate from the electronic signature program is submitted with the affidavit. The Trust reserves the right to request supplemental documentation at a later date.

Releases. In light of current guidelines related to the COVID-19 pandemic, the Trustee recognizes that some claimants may not have access to a notary or to two unrelated witnesses for the authentication of releases. The Trust may accept the signature of one witness (related or unrelated) as reliable authentication of a release if the release was executed and submitted to the Trust during the period from March 20, 2020 through September 30, 2021. The Trust will also accept releases executed using DocuSign or similar Trust authorized electronic signature program. If the claimant utilizes DocuSign or a similar Trust authorized electronic signature program, documentation of the electronic signature history and a certificate from the electronic signature program must be provided with the release. The Trust reserves the right to request supplemental documentation at a later date.

CET Updated COVID-19 Policy

 

The Trust’s temporary COVID-19 policy expires on September 30, 2021.  Please see the Trust’s Updated Policy on Signature and Release Requirements for information regarding the use of electronic authentication programs and other means of document authentication.

Statute of Limitation. At this time, the Trust will continue to enforce deadlines for the filing of claims set forth in the Trust documents. However, in recognition of the inability of many claimants to file their claim on a timely basis as a result of circumstances related to the COVID-19 pandemic, the Trust will extend the applicable limitation period through June 30, 2021 for claims whose limitation period expires on or after March 20, 2020.

Offers. The Trust recognizes the inability of many claimants, as a result of circumstances related to the COVID-19 pandemic, to respond to offers in the time frame required. As such, where the time to respond to an offer expires on or after March 20, 2020 the Trust will extend the time through June 30, 2021.

Affidavit. In light of current guidelines related to the COVID-19 pandemic, the Trustee recognizes that some claimants may not have access to a notary. The Trust may accept the signature of one witness (related or unrelated) as reliable authentication of an affidavit if the affidavit was executed and submitted to the Trust during the period from March 20, 2020 through June 30, 2021. The Trust will also accept the authentication of affidavits through DocuSign or similar Trust authorized electronic signature program, provided that documentation of the electronic signature history and a certificate from the electronic signature program is submitted with the affidavit. The Trust reserves the right to request supplemental documentation at a later date.

Releases. In light of current guidelines related to the COVID-19 pandemic, the Trustee recognizes that some claimants may not have access to a notary or to two unrelated witnesses for the authentication of releases. The Trust may accept the signature of one witness (related or unrelated) as reliable authentication of a release if the release was executed and submitted to the Trust during the period from March 20, 2020 through June 30, 2021. The Trust will also accept releases executed using DocuSign or similar Trust authorized electronic signature program. If the claimant utilizes DocuSign or a similar Trust authorized electronic signature program, documentation of the electronic signature history and a certificate from the electronic signature program must be provided with the release. The Trust reserves the right to request supplemental documentation at a later date.

CET Updated COVID-19 Policy

Statute of Limitation. At this time, the Trust will continue to enforce deadlines for the filing of claims set forth in the Trust documents. However, in recognition of the inability of many claimants to file their claim on a timely basis as a result of circumstances related to the COVID-19 pandemic, the Trust will extend the applicable limitation period through March 31, 2021 for claims whose limitation period expires on or after March 20, 2020.

Offers. The Trust recognizes the inability of many claimants, as a result of circumstances related to the COVID-19 pandemic, to respond to offers in the time frame required. As such, where the time to respond to an offer expires on or after March 20, 2020 the Trust will extend the time through March 31, 2021.

Affidavit. In light of current guidelines related to the COVID-19 pandemic, the Trustee recognizes that some claimants may not have access to a notary. The Trust may accept the signature of one witness (related or unrelated) as reliable authentication of an affidavit if the affidavit was executed and submitted to the Trust during the period from March 20, 2020 through March 31, 2021. The Trust will also accept the authentication of affidavits through DocuSign or similar Trust authorized electronic signature program, provided that documentation of the electronic signature history and a certificate from the electronic signature program is submitted with the affidavit. The Trust reserves the right to request supplemental documentation at a later date.

Releases. In light of current guidelines related to the COVID-19 pandemic, the Trustee recognizes that some claimants may not have access to a notary or to two unrelated witnesses for the authentication of releases. The Trust may accept the signature of one witness (related or unrelated) as reliable authentication of a release if the release was executed and submitted to the Trust during the period from March 20, 2020 through March 31, 2021. The Trust will also accept releases executed using DocuSign or similar Trust authorized electronic signature program. If the claimant utilizes DocuSign or a similar Trust authorized electronic signature program, documentation of the electronic signature history and a certificate from the electronic signature program must be provided with the release. The Trust reserves the right to request supplemental documentation at a later date.

CET Updated COVID-19 Policy

Statute of Limitation.  At this time, the Trust will continue to enforce deadlines for the filing of claims set forth in the Trust documents. However, in recognition of the inability of many claimants to file their claim on a timely basis as a result of circumstances related to the COVID-19 pandemic, the Trust will extend the applicable limitation period through December 31, 2020 for claims whose limitation period expires on or after March 20, 2020.

Offers.  The Trust recognizes the inability of many claimants, as a result of circumstances related to the COVID-19 pandemic, to respond to offers in the time frame required. As such, where the time to respond to an offer expires on or after March 20, 2020 the Trust will extend the time through December 31, 2020.

Affidavit.  In light of current guidelines related to the COVID-19 pandemic, the Trustee recognizes that some claimants may not have access to a notary. The Trust may accept the signature of one witness (related or unrelated) as reliable authentication of an affidavit if the affidavit was executed and submitted to the Trust during the period from March 20, 2020 through December 31, 2020. The Trust will also accept the authentication of affidavits through DocuSign or similar Trust authorized electronic signature program, provided that documentation of the electronic signature history and a certificate from the electronic signature program is submitted with the affidavit. The Trust reserves the right to request supplemental documentation at a later date.

Releases.  In light of current guidelines related to the COVID-19 pandemic, the Trustee recognizes that some claimants may not have access to a notary or to two unrelated witnesses for the authentication of releases. The Trust may accept the signature of one witness (related or unrelated) as reliable authentication of a release if the release was executed and submitted to the Trust during the period from March 20, 2020 through December 31, 2020. The Trust will also accept releases executed using DocuSign or similar Trust authorized electronic signature program. If the claimant utilizes DocuSign or a similar Trust authorized electronic signature program, documentation of the electronic signature history and a certificate from the electronic signature program must be provided with the release. The Trust reserves the right to request supplemental documentation at a later date.

CET: COVID-19 Policy

Statute of Limitation. At this time, the Trust will continue to enforce deadlines for the filing of claims set forth in Section 7.1(a)(2) of the TDP. However, in recognition of the inability of many claimants to file their claim on a timely basis as a result of circumstances related to the COVID-19 pandemic, the Trust will extend the applicable limitation period for 90 days for claims whose limitation period expires during the period from March 20, 2020 through June 18, 2020.

Offers. The Trust recognizes the inability of many claimants, as a result of circumstances related to the COVID-19 pandemic, to respond to offers in the time frame required. As such, where the time to respond to an offer expires during the period from March 20, 2020 through June 18, 2020, the Trust will extend the time for 90 days.

Affidavit. In light of current guidelines related to the COVID-19 pandemic, the Trust will accept the authentication of affidavits through DocuSign or similar Trust authorized electronic signature program during the period from March 20, 2020 through June 18, 2020, provided that documentation of the electronic signature history and a certificate from the electronic signature program is submitted with the affidavit. The Trust reserves the right to request supplemental documentation at a later date.

Releases. In light of current guidelines related to the COVID-19 pandemic, the Trustees recognize that some claimants may not have access to a notary or to two unrelated witnesses for the authentication of releases. The Trust may accept the signature of one witness (related or unrelated) as reliable authentication of a release if the release was executed and submitted to the Trust during the period from March 20, 2020 through June 18, 2020. The Trust will also accept releases executed using DocuSign or similar Trust authorized electronic signature program. If the claimant utilizes DocuSign or a similar Trust authorized electronic signature program, documentation of the electronic signature history and a certificate from the electronic signature program must be provided with the release. The Trust reserves the right to request supplemental documentation at a later date.

All: CRMC System Enhancement – Recategorization Option Clarification

CRMC has re-defined the prior Recategoriztion Option on the Offer status page for all Trust clients. You will now have two options:

1) Recategorization – POC needs to be amended or

2) Recategorization – Ready for CRMC Review.

This was previously a two step process where you were required to log your recategorization request and then move the claim forward for processing on the claim page once any claim amendments were complete.

CET: Supplemental Payments

Pursuant to Section 6.2 of the Asbestos Related Claims and Demands Trust Distribution Procedures (“the TDP”), the Trustee has recently completed a re-evaluation of the Payment Percentage.  As a result of this re-evaluation, the Trustee – with the consent of the Trust Advisory Committee and the Legal Representative – has decided to increase the Payment Percentage from 35% to 50%.

The Trustee has also decided that this increase in the Payment Percentage is to be applied to all post-bankruptcy claims which were previously paid by the Trust at a lower rate.  The Trust has adopted policies and procedures requiring each previously paid claimant or the claimant’s counsel to affirmatively accept the supplemental payment before a check will be issued.   Please refer to the “Supplemental Payment Policies and Procedures” memo posted on the Documents page of the website  for further details.