Manville: Temporary Policy Update Extension – COVID 2019

Temporary Policy Changes Regarding (a) Release Signatures and (b) Enforcement of Time Limitations

The Trustees of the Manville Trust are aware that these are difficult and unusual times.  Some filers may not be able to meet the requirements for certain Trust claims due to illness, quarantine or shelter in place orders. Therefore, the Trust has extended the prior deadline from March 31, 2020 through June 30 2021. The following temporary policies will be in place.

  • For releases generated prior to the changes on March 26, 2020, a release document may be signed by the Injured Party or Personal Representative (when the injured party is deceased) and one witness who may be related by blood or marriage.
  • The timeframe for responding to notices of offer, deficiency, deactivation, and withdrawal has been tolled.
  • The statute of limitations period for filing a claim is tolled.

These policy changes are the result of the current pandemic crisis and are designed to provide temporary measures to assure claimants that claims handling will continue during the crisis.

Permanent Policy Changes Regarding Electronic Signatures:

  • The Trust will accept any document requiring a signature that has been signed utilizing DocuSign or other electronic signature software provided the law firm has an electronic filer agreement on file with CRMC.

The Trust added language to the end of the release on March 26, 2020 so the release need not be notarized or witnessed.

Manville: MV Trust Pro Rata Increase

***IMPORTANT NOTICE- MANVILLE TRUST ***

The Trustees of the Manville Trust, with the concurrence of the Selected Counsel for the Beneficiaries (“SCB”) and the Legal Representative of Future Claimants (“Legal Representative”), have approved effective immediately, an increase in the pro rata payment percentage from 4.3% to 5.1%.  On Wednesday, February 17th, changes were implemented to e-Claims that: (1) automatically set the pro rata payment percentage to 5.1% for all future offers and (2) re-issued outstanding offers at 5.1%.  In addition, we identified claims by law firm that are eligible for a retroactive supplemental payment adjustment and plan to issue payments next week. You do not need to secure a new release from your client. However, if your client has not yet signed a release and you would like an updated version please send a list of claimids and claimant names in excel to inquiry@claimsres.com.

Manville: MAP

The Manville Trust has reached its Maximum Annual Payment (MAP) amount for 2020.  Therefore, any claim with a status of “Awaiting Offer Funding” will not receive payment until 2021.  Claims at this status will be carried over to 2021 and placed at the head of the FIFO payment queue. Please refer to the 2002 TDP Section H.8 for further details.

Manville: Temporary Policy Update Extension – COVID 2019

Temporary Policy Changes Regarding (a) Release Signatures and (b) Enforcement of Time Limitations

The Trustees of the Manville Trust are aware that these are difficult and unusual times.  Some filers may not be able to meet the requirements for certain Trust claims due to illness, quarantine or shelter in place orders. Therefore, the Trust has extended the prior deadline from December 31, 2020 through March 31, 2021. The following temporary policies will be in place.

  • For releases generated prior to the changes on March 26, 2020, a release document may be signed by the Injured Party or Personal Representative (when the injured party is deceased) and one witness who may be related by blood or marriage.
  • The timeframe for responding to notices of offer, deficiency, deactivation, and withdrawal has been tolled.
  • The statute of limitations period for filing a claim is tolled.

These policy changes are the result of the current pandemic crisis and are designed to provide temporary measures to assure claimants that claims handling will continue during the crisis.

Permanent Policy Changes Regarding Electronic Signatures:

  • The Trust will accept any document requiring a signature that has been signed utilizing DocuSign or other electronic signature software provided the law firm has an electronic filer agreement on file with CRMC.

The Trust added language to the end of the release on March 26, 2020 so the release need not be notarized or witnessed.

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 2020.  Therefore, any claim with a status of “Awaiting Offer Funding” will not receive payment until October of 2020.  Please refer to the 2002 TDP Section H.8 for further details.  

Manville: Temporary Policy Update Extension – COVID 2019

Temporary Policy Changes Regarding (a) Release Signatures and (b) Enforcement of Time Limitations

The Trustees of the Manville Trust are aware that these are difficult and unusual times.  Some filers may not be able to meet the requirements for certain Trust claims due to illness, quarantine or shelter in place orders. Therefore, the Trust has extended the prior deadline from September 15, 2020 until January 1, 2021. The following temporary policies will be in place.

  • For releases generated prior to the changes on March 26, 2020, a release document may be signed by the Injured Party or Personal Representative (when the injured party is deceased) and one witness who may be related by blood or marriage.
  • The timeframe for responding to notices of offer, deficiency, deactivation, and withdrawal has been tolled.
  • The statute of limitations period for filing a claim is tolled.

These policy changes are the result of the current pandemic crisis and are designed to provide temporary measures to assure claimants that claims handling will continue during the crisis.

Permanent Policy Changes Regarding Electronic Signatures:

  • The Trust will accept any document requiring a signature that has been signed utilizing DocuSign or other electronic signature software provided the law firm has an electronic filer agreement on file with CRMC.
  • The Trust added language to the end of the release on March 26, 2020 so the release need not be notarized or witnessed.

Manville: Temporary Policy Update Extension – COVID 2019

Temporary Policy Changes Regarding (a) Release Signatures and (b) Enforcement of Time Limitations

The Trustees of the Manville Trust are aware that these are difficult and unusual times.  Some filers may not be able to meet the requirements for certain Trust claims due to illness, quarantine or shelter in place orders. Therefore, the Trust has extended the prior deadline from July 22, 2020 until September 15, 2020. The following temporary policies will be in place.

  • For releases generated prior to the changes on March 26, 2020, a release document may be signed by the Injured Party or Personal Representative (when the injured party is deceased) and one witness who may be related by blood or marriage.

  • The timeframe for responding to notices of offer, deficiency, deactivation, and withdrawal has been tolled.

  • The statute of limitations period for filing a claim is tolled.

These policy changes are the result of the current pandemic crisis and are designed to provide temporary measures to assure claimants that claims handling will continue during the crisis.

Permanent Policy Changes Regarding Electronic Signatures:

  • The Trust will accept any document requiring a signature that has been signed utilizing DocuSign or other electronic signature software provided the law firm has an electronic filer agreement on file with CRMC.

  • The Trust added language to the end of the release on March 26, 2020 so the release need not be notarized or witnessed.

Manville: MV Level 2 Release Language

At the request of several counsel, a change has been made to the Level 2 release. Your client will have the option to accept the L2 offer at 4.3% which is eligible for a supplemental payment should one be made or the L1 $600 Cash Discount Payment. They should initial their selection and sign the release.

Manville: Manville Trust 4.3% pro rata share

With the recent change in the Manville Trust Pro Rata share, the pro rata payment amount for a Level 2 claim is $516, less than a Level 1 Cash Discount Payment of $600. Therefore, the Trustees will offer the option of accepting the Level 2 value, which is eligible for a supplemental payment should one be paid, or accepting the Level 1 $600 cash discount payment. For electronic filers you will see the following options on the Offer Status Page:

                ACC – Offer Accepted as L2 $516 eligible for supplemental payment

                AL1 – Offer Accepted as L1 $600 cash discount payment

The proper release will generate once an option is selected. If you file on paper with CRMC, a representative will contact you prior to the issuance of an offer for your selection so the proper offer and release documents are sent.