Asbestos and Mesothelioma Trust Funds

Asbestos trusts – also called mesothelioma trust funds – are created when asbestos manufacturers file for Chapter 11 bankruptcy protection. These funds are set aside to compensate victims of mesothelioma and other asbestos diseases that the bankrupt company is later proven liable for. The first mesothelioma trust fund was developed in 1998 after Johns Manville … Continue reading Asbestos and Mesothelioma Trust Funds