Families who have been affected by an asbestos-related disease due to exposure to products manufactured by The Flintkote Company may be able to file a claim for compensation.
Flintkote asbestos claims are paid at 15%.
Similar to most other asbestos trust funds, the compensation amount is limited to help ensure there is enough money to pay future eligible claimants.
On May 1st, 2004, The Flintkote Company filed its petition for Chapter 11 bankruptcy. Eleven years after filing, the company formed the Flintkote Asbestos Trust with roughly $214 million allocated toward compensation.
See if you qualify for compensation from the Flintkote asbestos trust fund today.
Key Information
- The Flintkote Company paid more than 270,000 claims totaling about $630 million and faced another 157,000 outstanding claims at the time of bankruptcy filing.
- The company created the Flintkote asbestos trust fund 11 years after filing for bankruptcy.
- Flintkote’s cement, shingles, and siding products contained asbestos.
- The trust has approved almost 800 job sites where Flintkote asbestos was used in 46 states.
The Flintkote Company & Asbestos Exposure
The Flintkote Company was founded in Massachusetts in 1917. From the 1930s until the early 1980s, Flintkote made a variety of roofing and construction materials that contained asbestos.
After the company went public in the mid-1930s, Flintkote added more asbestos-containing products into its line and exposed millions of roofers and construction workers in department stores, schools, hospitals, churches, and zoos nationwide.
In 1982, the company officially stopped manufacturing products using asbestos and stopped distributing asbestos-containing products two years later.
By 1985, the company had nearly 150 plants, including about 30 around the globe, and sales revenues of about $685 million.
Flintkote eventually sold many manufacturing plants in 1987 to cover the costs of mounting litigation around asbestos lawsuits.
Exposed to Asbestos
See if you qualify for compensation from the Flintkote asbestos trust fund today.
Start Your Free ClaimAsbestos Lawsuits Against The Flintkote Company
The Flintkote Company paid more than 350,000 claims totaling $630 million and faced an additional 157,000 outstanding asbestos injury claims at the time of bankruptcy filing.
Notable litigation surrounding Flintkote and asbestos includes the 2014 agreement by British American Tobacco to settle a $575 million dispute over dividend payments and asbestos claims.
The settlement resolved a lawsuit filed by Flintkote in 2006 and granted British American Tobacco protection against future asbestos-related claims in the U.S.
See how much you could receive from asbestos trust fund payouts.
Associated Companies
In addition to their roofing material manufacturing operations, The Flintkote Company also operated Flintkote Mines, an open pit chrysotile asbestos mine located in Quebec, Canada, from 1946 to 1971.
The Flintkote Company managed several groups within the company that manufactured various types of goods, including:
- Flintkote Building Products Group
- Flintkote Packaging Products Group
- Flintkote Pipe Products Group
- Flintkote Stone Products Group
High-Risk Jobs Associated With Flintkote
Several types of occupations were at a higher risk of developing asbestos-related diseases caused by exposure to Flintkote products.
These jobs ranged from construction workers handling Flintkote products to manufacturing plant workers who made the products.
“Not only did The Flintkote Company manufacture roofing materials made with asbestos, but they also operated their own asbestos mine in Canada for decades, affecting millions across multiple countries.”
– Daniel Wasserberg, Attorney
Jobs at Highest Risk for Asbestos Exposure
- Roofers
- Workers who handled, installed, and replaced The Flintkote Company’s roofing materials were exposed to significant levels of asbestos on the job.
- Construction Workers
- Blue-collar workers who frequently used The Flintkote Company’s asphalt, piping, cement, sealer, adhesive, and other construction products came in contact with dangerous asbestos materials.
- Manufacturing Plant Workers
- Individuals who worked at The Flintkote Company’s manufacturing plants making packaging, piping, building, and stone products came in direct contact with airborne asbestos fibers while creating products.
Other At-Risk Jobs
- Asbestos miners
- Cementers
- Floor tilers
- Electricians
- Plumbers
- Mechanics
- Railroad/road workers
- Pipefitters
Asbestos Products Used at The Flintkote Company
The Flintkote Company manufactured a variety of construction and roofing materials that contained asbestos.
By coming in direct and secondhand contact with Flintkote asbestos products, many workers and their loved ones were put at major risk of developing dangerous asbestos-related diseases.
Top Asbestos-Containing Products Used at Flintkote Include:
- Asphalt
- Boxes
- Cement
- Gypsum
- Insulation
- Joint compound
- Roofing supplies
- Packaging
- Paper products
- Pipes
- Sealants
- Shingles
- Siding
- Wallboard
- Waterproofing products
The Formation of The Flintkote Asbestos Trust
As The Flintkote Company faced more asbestos claims, they filed for bankruptcy in 2004 and established the Flintkote Asbestos Trust 11 years later in 2015. The trust was initially funded with $214 million.
The Flintkote Trust recognizes seven diseases related to asbestos exposure.
The trust allows claimants to choose one of two processes to determine if compensation is available — expedited review or individual review.
Claimants who prefer the expedited review, which generally takes about 90 days, receive a fixed settlement amount if the claim is approved.
Claimants whose expedited review is rejected or who seek a more significant settlement over the expedited review amount can opt for an individual review. An individual review can take 120 days or more but may net a larger settlement amount based on individualized circumstances.
“Many victims of The Flintkote Company can file claims for multiple trust funds if they were exposed to various products at different job sites, helping them get the maximum amount of compensation for which they’re eligible.”
– Daniel Wasserberg, Attorney
Understanding the Different Review Processes
There are two different types of review processes claimants can choose from to in order to receive financial compensation from the Flintkote Asbestos Trust: an expedited review and an individual review.
Deciding which avenue to take can depend on your unique situation.
Expedited Review
A Flintkote Company expedited review (ER) is the preferable option for those looking to receive compensation as quickly as possible to pay for medical bills or other related expenses. However, expedited review claims generally pay out less than individual review claims.
Expedited review claimants receive a fixed payment percentage of the scheduled value depending on the disease level, and claims are usually settled in 90 days.
Individual Review
A Flintkote Asbestos Trust individual review (IR) is best for those looking to receive the most amount of compensation available.
Individual reviews can take about 120 days to settle and may result in a lower or higher compensation payout than an expedited review claim depending on your individual circumstance.
Exposed to Asbestos
See if you qualify for compensation from the Flintkote asbestos trust fund today.
Start Your Free ClaimSettlement and Payment Percentage in 2024
The Flintkote Company asbestos trust was created in 2015 and pays on a first-in, first-out (FIFO) basis, meaning claims are processed in the order in which they are received.
As of 2024, the payment percentage for the trust is 15%.
Expedited Claim Review & Settlement Amounts
Disese | Compensation |
---|---|
Mesothelioma (Level VII) | $184,000 |
Lung Cancer (Level VI) | $20,000 |
Other Cancer (Level IV) | $4,500 |
Severe Asbestosis (Level III) | $15,000 |
Asbestosis/Pleural Disease (Level II) | $1,400 |
Asbestosis/Pleural Disease (Level I) | $650 |
Individual Claim Review & Settlement Amounts
Disease | Scheduled Value | Average Value | Maximum Value |
---|---|---|---|
Mesothelioma (Level VII) | $184,000 | $210,000 | $450,000 |
Lung Cancer 1 (Level VI) | $20,000 | $25,000 | $40,000 |
Lung Cancer 2 (Level V) | None | $6,000 | $10,000 |
Severe Asbestosis (Level III) | $15,000 | $20,000 | $35,000 |
Asbestosis/Pleural Disease (Level II) | $1,400 | $1,400 | $1,400 |
Asbestosis/Pleural Disease (Level I) | $6500 | $650 | $650 |
Eligibility Requirements for The Flintkote Asbestos Trust
To file any type of claim with The Flintkote Company trust, claimants must meet eligibility requirements to receive compensation.
What specific criteria are required to file a mesothelioma claim through Flintkote’s expedited process?
- Must have a diagnosis of mesothelioma
- Evidence that shows approved Flintkote job sites caused exposure to asbestos
What criteria does Flintkote require to pay out lung cancer and severe asbestosis claims?
- Diagnosis of primary lung cancer plus evidence of underlying bilateral asbestos-related nonmalignant disease (confirmed through medical testing).
- Exposure to Flintkote asbestos-containing products for at least six months before December 31, 1982.
- Medical documentation establishing asbestos as a contributing factor in the lung cancer.
- Significant occupational exposure; Lung Cancer 1 also requires “significant occupational exposure,” which means employment for at least five years, with a minimum of two years, before December 31, 1982, in an industry or occupation in which the claimant did one of the following:
- Handled raw asbestos regularly; fabricated asbestos-containing products; altered, repaired, or worked with asbestos-containing products.
- Was employed in an industry or occupation where asbestos was regularly used.
- Claimants prove occupational exposure by providing a sworn statement or statements from coworkers or family members. Claimants can also provide invoices, employment records, construction records, sworn work history, or depositions to prove occupational exposure.
What are the factors for determining the settlement amount for an individually reviewed Flintkote claim?
When determining a settlement amount for an individual claim, trustees look at several factors including:
- Claimant’s age
- Level of disability
- Employment status
- Disruption of household
- Family or recreational activities
- Number or status of dependents
- Special damages (loss of enjoyment of life)
- Pain and suffering
Fact
The statute of limitations on asbestos claims can vary by state, and once the statute expires, you may be unable to claim compensation. Reach out to an expert in asbestos bankruptcy claims to learn about the laws in your state.
Filing a Claim Against The Flintkote Company
All Flintkote claims are handled on a first-in, first-out basis, so injured victims are urged to submit claims as soon as possible.
Many claimants who are facing medical treatments use the services of an attorney who specializes in asbestos litigation.
Asbestos attorneys help eligible claimants by easing the burden of researching and documenting connections to the disease. They help submit information on a timely basis for quick access to financial compensation.
Anyone who has been exposed to Flintkote asbestos-containing products and has developed an asbestos-related disease should consider filing an asbestos trust claim.
“Our team is dedicated to ensuring your filing process is easy and stress-free. We may be able to help you gather the evidence and documentation needed to file a claim and seek compensation for you and your family.”
– Daniel Wasserberg, Attorney
Loved Ones & Family Members
Many families face emotional and financial burdens they were not prepared for when their loved ones are fighting asbestos-related diseases.
Our team understands and wants to help you seek compensation and justice.
Loved ones and family members can file a claim with the Flintkote asbestos trust to help cover medical bills, lost wages, and more.
We may be able to help you start the claim filing process today.
Contact us to learn more.
Sources
- United States District Court Northern District Of California. The Flintkote Company. Retrieved from https://www.govinfo.gov/content/pkg/USCOURTS-cand-3_04-cv-01827/pdf/USCOURTS-cand-3_04-cv-01827-17.pdf
- The Flintkote Asbestos Trust. Flintkote Trust Distribution Procedures. Retrieved from http://www.flintkoteasbestostrust.com/wp-content/uploads/2015/12/Amended-Restated-Flintkote-Trust-Distribution-Procedures-FINAL-12-14-2015.pdf
- National Gypsum Heritage. 1990. Retrieved from http://www.ngc-heritage.com/ngc-ninety.htm
- Mindat.org. “Flintkote mine.” Retrieved from https://www.mindat.org/loc-145650.html
- Harvard Business School. “Flintkote Company.” Retrieved from https://www.library.hbs.edu/hc/lehman/Data-Resources/Companies-Deals/Flintkote-Company
- Retropaper. “The Flintkote Company.” Retrieved from http://retropaper.net/FLINTKOTE.html
- Flintkote Trust Notice of Payment Percentage Increase.” Flintkote Asbestos Trust, 21 Nov. 2023, www.flintkoteasbestostrust.com/wp-content/uploads/2023/11/Flintkote-Trust-Notice-of-Payment-Percentage-Increase-11-21-202313101379.1.pdf.
- Flintkote Company.” Harvard Business School, www.library.hbs.edu/hc/lehman/data-resources/companies-deals/flintkote-company.
- Flintkote.” Mindat.org, www.mindat.org/loc-145650.html.
- British American Tobacco settles Flintkote dispute.” MarketWatch, 2 Mar. 2015, https://www.marketwatch.com/story/british-american-tobacco-settles-flintkote-dispute-2015-03-02.