MLC: Payment Percentage Change

MLC ASBESTOS PI TRUST
c/o Wilmington Trust Company
1100 N. Market Street
Wilmington, DE 19890-1625

December 3, 2025

Dear Claimants and Claimants’ Counsel:

The payment percentage applicable to claims against MLC Asbestos PI Trust (the “Trust”) has been reduced to 10.3%.

This re-determination of the payment percentage has been proposed by the Trustee to the Trust Advisory Committee and the Future Claimants’ Representative of the Trust, whose consent to the payment percentage reduction is required by Section 2.2 (f)(i) of the governing Trust Agreement. In accordance with Section 4.3 of the Trust Distribution Procedures, during the pendency of the consent process the payment percentage for the Trust will be 10.3%. In the event that the 10.3% payment percentage is not ultimately adopted by the Trust, claimants whose claims have been paid applying the 10.3% payment percentage will receive an additional payment representing the difference between their payment based on the 10.3% payment percentage and any higher payment percentage that is subsequently adopted.

As you know, Section 4.2 of the Trust Distribution Procedures requires that the Trustee reconsider the payment percentage if he deems such reconsideration to be appropriate in order, among other things, to assure that the Trust will be able to pay similarly situated current and future claimants against the Trust as equitably as reasonably possible. As set forth in the letter to you dated August 4, 2025, the Trustee, upon the advice of his advisors, determined to reconsider the payment percentage.

As required by Section 4.2 of the Trust Distribution Procedures, the Trustee took into consideration current estimates of the number, types and values of present and future claims against the Trust, the value of assets currently available to the Trust for claims payments, anticipated processing, administrative and legal expenses, and all other material matters that the Trustee and his advisors considered to be reasonably likely to affect the sufficiency of the Trust’s assets to pay a comparable percentage of full value to all holders of claims against the Trust. In doing so, the Trustee received and relied on presentations and advice from Trust advisors.

MLC Asbestos PI Trust

MLC: Payment Percentage Reconsideration

MLC ASBESTOS PI TRUST
c/o Wilmington Trust Company
1100 N. Market Street
Wilmington, DE 19890-1625

August 04, 2025


        Section 4.2 of the Trust Distribution Procedures requires that the Trustee of the MLC Asbestos PI Trust reconsider the payment percentage no less frequently than once every three years. Accordingly, and upon the recommendation of the Trust’s advisors, the Trustee deems such reconsideration to be appropriate at this time, and has directed the Trust’s advisors to provide a report and recommendations regarding a reconsidered payment percentage.

        The Trustee will re-determine the payment percentage not less than thirty (30) days from the date of this letter. Claimants that receive a release prior to the announcement of a proposed payment percentage change will have until the later of (i) the date of the proposed payment percentage change or (ii) thirty (30) days following receipt of that release to return a properly executed release in order to qualify to receive the current payment percentage. If, after
the consultation and consent requirements of the TDP and Trust Agreement have been met, a revised payment percentage is adopted by the Trust that is higher than the current payment percentage, claimants who received payments based on a lower payment percentage shall receive a supplemental payment.

        Please be aware that failure to return a release within thirty (30) days of receipt could adversely affect your rights.

                                                                                     MLC Asbestos PI Trust

MLC: Payment Percentage

MLC ASBESTOS PI TRUST
c/o Wilmington Trust Company
1100 N. Market Street
Wilmington, DE 19890-1625

August 29, 2024

Section 4.2 of the Trust Distribution Procedures requires that the Trustee of the MLC Asbestos PI Trust reconsider the payment percentage no less frequently than once every three years. Accordingly, and upon the recommendation of the Trust’s advisors, the Trustee deems such reconsideration to be appropriate at this time, and has directed the Trust’s advisors to provide a report and recommendations regarding a reconsidered payment percentage.

The Trustee will re-determine the payment percentage not less than thirty (30) days from the date of this letter. Claimants that receive a release prior to the announcement of a proposed payment percentage change will have until the later of (i) the date of the proposed payment percentage change or (ii) thirty (30) days following receipt of that release to return a properly executed release in order to qualify to receive the current payment percentage. If, after the consultation and consent requirements of the TDP and Trust Agreement have been met, a revised payment percentage is adopted by the Trust that is higher than the current payment percentage, claimants who received payments based on a lower payment percentage shall receive a supplemental payment.

Please be aware that failure to return a release within thirty (30) days of receipt could adversely affect your rights.

MLC Asbestos PI Trust

MLC: Web Services

CRMC would like to announce that we are now accepting claim filings via Web Services for the MLC Trust. We have developed Web Services for MLC to meet the needs of high volume filers looking to file MLC claims. 

To utilize this service we require users to demonstrate an ability to perform some basic tasks with our development system. If you are interested please send an email to inquiry@claimsres.com for more information.

MLC: MLC Trust Claims Filing Announcement

CRMC will begin accepting claims for the Motors Liquidation Trust (MLC Trust) on Wednesday, February 15, 2023 at 6:00 AM ET.

If your law firm has not provided your Hybrid Filer Agreement and User Administrator (UA) letter you will not have access to file claims until you do. Those documents should be emailed to DSnow@claimsres.com. If your firm has provided documents, the designated User Administrator has been given permissions. They will set up the appropriate users at the firm. Please reach out to your firm’s UA before reaching out to us if you don’t see MLC in the drop-down.

MLC: Claims Processor

CRMC is pleased to announce we will be the processor for the Motors Liquidation Trust (MLC). We are working on updating eClaims to accommodate Trust claims and will keep you posted on our progress. You will need new filing documents for the Trust and we will let you know once they are available on our website.