The Federal-Mogul Asbestos Personal Injury Trust – Turner & Newall Subfund was created in 2011. The trust has $635,000,000 set aside for mesothelioma victims and their families.
Turner & Newall, once the largest asbestos manufacturer in the world, began operations in 1871 in the United Kingdom under the name Turner Brothers Asbestos Company. The company was the first in the United Kingdom to weave asbestos into cloth.
In 1920, Turner Brothers merged with Newalls Insulation Company, J.W. Roberts and Washington Chemical Company to form Turner & Newall. The new company went on to acquire other asbestos manufacturers and mining companies in the United Kingdom, Canada, Ireland and South Africa. In the years that followed, Turner & Newalls succeeded in its efforts to hide the dangers of asbestos from the public.
In 1998, the U.S.-based auto parts maker Federal-Mogul Corporation purchased Turner & Newall and its subsidiary companies. By 2001, Federal-Mogul, overwhelmed with asbestos debt, filed for Chapter 11 bankruptcy protection.
Due to the diverse nature of Turner & Newall products, there are several high-risk occupations associated with the company. Turner & Newall became popular by weaving asbestos fibers into cotton materials to form textiles that were nearly indestructible. From there, Turner & Newall branched out to purchase companies that produced a wide range of products.
All employees of Turner & Newall factories are at risk for developing an asbestos-related disease, even today. At the same time, the following occupations are considered high risk for Turner & Newall asbestos exposure:
Turner & Newall manufactured many asbestos-containing products, including adhesives, cement, paper and fabrics, but it is mainly known for its lines of insulation. The company knew about the dangers as early as the 1890s.
In 1953, Turner & Newall asked a researcher to investigate the “alleged” link between asbestos and lung diseases. When the researcher’s work found a link, Turner & Newall hired another researcher to discredit the work.
In the public eye, Turner & Newall made the appearance of being a responsible employer. But behind closed doors, it refused to acknowledge any connection between asbestos and disease. The company used public relations firms, attorneys and politicians to quash any discussion of regulations on asbestos.
When Federal-Mogul bought the company, it also set aside $2.1 billion to settle asbestos-related claims. However, Federal-Mogul underestimated the cost of the claims and filed bankruptcy to protect itself from creditors. The Turner & Newall trust was combined with three other Federal-Mogul asbestos trusts and funded with $685 million. The Turner & Newall subtrust began processing claims in 2010.
Like claimants to all asbestos trusts, Turner & Newall trust claimants only receive a percentage of the funds requested. The Turner & Newall trust pays 6 percent of scheduled value for expedited review and 6 percent of gross settlement value for an individual review. Most trusts pay claimants a percentage of the requested funds to ensure there is enough money to pay everyone who deserves a settlement.
Despite Turner & Newall being a U.K.-based corporation, there are nearly 1,000 sites in the United States that have been confirmed to have Turner & Newall asbestos-containing products. Sites include power plants, Naval yards, schools, restaurants, federal buildings, radio and television studios, hospitals, jails, churches and country clubs.
Turner & Newall used asbestos in its products because it is heat fire and chemical resistant and improves the tensile strength of mixtures. Turner & Newall products were used across the United States, exposing scores of people to asbestos.
Through the Federal-Mogul subtrust, Turner & Newall asbestos victims have the right to make a financial claim as a result of their injuries.
To receive funds from the Turner & Newall asbestos trust fund, claimants must first decide if they want an expedited or individual review. In both cases, claimants must prove they meet the medical and exposure criteria for the trust.
An expedited review provides qualified claimants with fixed payments on claims. The advantage is that an expedited review is typically faster than an individual review, so funds are disbursed relatively quickly.
The following is the payment schedule for an expedited review of the Turner & Newall trust:
|Asbestosis||Up to $12,700|
Claimants who choose individual reviews can receive a higher settlement, but the process takes longer. The following is the payment schedule for the average value of a Turner & Newall individual review:
|Asbestosis||Up to $13,500|
From the beginning, Turner & Newall used asbestos as the primary ingredient in its products. Outside the company’s plants in the United Kingdom asbestos blanketed the ground. When it shipped its products to the United States, the asbestos came with it.
Even today, Turner & Newall asbestos-containing products remain in structures across the United States. Workers are still exposed to the dangers of Turner & Newall asbestos-containing products, as follows:
If you or a loved one suspect you have been exposed to Turner & Newall asbestos-containing products and have developed an asbestos disease, contact us today to find out how we help.
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