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how many asbestos trust funds actually exist and how do you know which ones apply to your case

Patient · · 3,611 views
So I've been digging into this because my exposure was at Johns-Manville back in 1978-1985 and I need to understand what I'm actually eligible for. The number I keep seeing thrown around is like 140 trust funds but honestly that number feels slippery when I try to pin down what it actually means.

From what I've pulled together from the bankruptcy court filings, there are roughly 140 trusts that were established when different asbestos companies filed for Chapter 11. But here's what nobody explains clearly: not every trust applies to your specific exposure. Johns-Manville's trust is separate from Owens Corning's which is separate from dozens of others. The trust that matters is the one from whatever company actually exposed you.

I've got a spreadsheet going right now with the ones that might apply to my case. My attorney said the key is matching your workplace and exposure records to the right trust or trusts because some people worked around multiple products. I worked with insulation products and some pipe wrap at the plant. That might mean two different trusts.

The real question isn't how many exist overall. It's how many apply to you specifically. And that's where having documentation matters. I've pulled my old W2s, looked up the plant address (East 130th Street in Cleveland), and started matching product types to the companies that made them.

Have you figured out which companies' products you were actually exposed to? That's where I'd start if you haven't already.

8 Replies

Attorney Expert Response
Your research instincts are solid. The 140 number is real but loose. As of a few years ago the Rand Corporation put the count at around 60 active trusts still paying claims, with the broader figure including trusts that have already exhausted their assets or are in wind-down mode. So the number that actually matters to you is smaller than 140.

The Johns-Manville trust specifically, now called the Manville Personal Injury Settlement Trust, has been paying claims since 1988 and is one of the most established in the system. Your 1978 to 1985 exposure window at that plant puts you squarely in the documented product era for their insulation lines. That W2 documentation from the East 130th Street location is exactly the kind of site-specific record that trust administrators respond to.

Here's where it gets interesting for your situation though. Pipe wrap in that era often came from manufacturers separate from whoever supplied the board insulation. So you could legitimately have claims against two or three trusts from a single job site. I've seen cases where someone worked one location for a few years and had viable claims against five separate trusts because the products layered on top of each other. each trust has its own claim form, its own exposure criteria, its own payment percentage.

The payment percentages are public information by the way. Each trust files a payment percentage with the bankruptcy court and adjusts it periodically as their assets change. Some trusts are paying 25 cents on the dollar right now, others are still near 100 percent.

But matching product to manufacturer to trust is genuinely complex work. Please consult an attorney who specializes in this for your specific situation.
3 found this helpful
Attorney Expert Response
You've done more homework than most people who walk into my office, honestly. The 140 number is real but it's a floor, not a ceiling, because some trusts have been established more recently and others have merged or been restructured since the original bankruptcies.

The Johns-Manville Trust is one of the oldest, established through the Manville Personal Injury Settlement Trust back in 1988, and it's been paying claims for decades. But your instinct about the pipe wrap is the right one to follow. Companies like Owens Corning, Armstrong World Industries, W.R. Grace, they all had separate products and separate trusts, and if you were around multiple products at that East 130th Street plant you may have legitimate claims against more than one.

The matching process is exactly what it sounds like. Your exposure records get compared against each trust's approved site list and product catalog. Some trusts maintain detailed records of which products were sold to which facilities in which years. That 1978-1985 window is actually well documented for a lot of these companies because that era predates most of the reformulations.

One thing worth knowing... trust claims and any potential tort litigation run on different timelines and statutes of limitations, and Ohio's rules on that can interact in ways that aren't always obvious. The documentation you're pulling together now matters for both paths.

Please do consult an attorney for your specific situation before submitting anything, because the sequencing of how you file across multiple trusts can affect your overall recovery.
2 found this helpful
Attorney Expert Response
You've done more homework than most people who walk into my office, and that Johns-Manville exposure from that era is actually one of the more documented situations we see. The Manville Personal Injury Settlement Trust was established under 11 U.S.C. 524(g) back in 1988 and it's one of the oldest and largest, so that piece of your exposure is relatively well-mapped territory.

The 140 number is roughly accurate but it shifts as trusts get consolidated or depleted. What matters more is what you touched. Insulation and pipe wrap from that period could pull in Owens Corning, Armstrong World Industries, maybe Combustion Engineering depending on the specific products, and a few others. The product identification step is where cases either open up or stay narrow.

Your W2s and that East 130th Street address are genuinely useful because trust claim forms typically require you to establish site-specific exposure, not just general industry exposure. Some trusts have what they call Disease Level criteria, where the payout tier depends on diagnosis, and others weight heavily on documented worksites. So the same mesothelioma diagnosis filed against two different trusts might follow completely different evidentiary paths.

One thing worth knowing, exposure records from Cleveland-area steel and industrial plants from that era were sometimes preserved through OSHA inspection files from the late 70s and early 80s. We pulled plant inspection records once that dated to October 1979 and they listed specific product brands by name. Changed the whole picture of which trusts applied.

Consult an attorney for your specific situation, but the groundwork you're laying is exactly right.
2 found this helpful
Patient
I really appreciate you confirming that the Manville trust is the solid foundation here, because that's been my assumption but it's good to hear it from someone who actually works with these cases. My concern right now is the pipe wrap stuff - I'm trying to figure out if that came from a separate manufacturer or if it was all Manville products. Do you typically see workers from that era at the plant having exposure to multiple trust scenarios, or was the insulation side pretty much the dominant exposure issue?
Patient
Same exposure window as me and yeah, the spreadsheet approach is smart. I've been pulling the same kind of documentation and my attorney mentioned the pipe wrap angle could open up additional trusts, so that detail matters more than I initially thought.
Family
Yeah this is exactly what we're working through right now with Joe's case. His exposure was at a manufacturing plant back in the 70s and early 80s, and honestly the trust stuff felt completely overwhelming at first. Like, you're dealing with a diagnosis and suddenly you're supposed to understand asbestos bankruptcy law? No thanks.

But what really helped us was that our attorney basically said the same thing yours did. It's not about the 140 number, it's about which companies' stuff Joe actually touched. He worked with insulation and some other products and we had to match those to specific manufacturers. That meant going through old pay stubs, plant photos, talking to people who worked there with him. It took time but it mattered.

The documentation piece is huge. We spent a Saturday afternoon in November going through boxes of old papers and I'm so glad we did because it turned out Joe had kept some material safety sheets from the plant. Just random papers he'd stuck in a drawer decades ago. That stuff actually helped identify which products he handled.

What you're doing with the spreadsheet is smart. That's basically what we ended up needing anyway. My teaching background made me pretty organized about this kind of thing I guess, so I started a file system with everything categorized by company and year. It felt ridiculous at the time but having it all in one place made conversations with the attorneys way easier.

Have you been able to connect with anyone else who worked at that Johns-Manville facility?
Patient
Yeah, the overwhelming part is real. It sounds like you and Joe are in that same window I am where the diagnosis is still pretty fresh and now you're supposed to be some kind of asbestos litigation expert on top of everything else. That's a lot.

The good news is that once you nail down which specific products he worked with, the attorney usually handles matching those to the right trusts. Have you been able to get copies of his old pay stubs or anything from that plant? I found my W2s were actually helpful because they had the plant location spelled out, and that helped me start tracking down what was actually manufactured there versus what was brought in from other suppliers.
Patient
The one thing I'd add is don't sleep on the plant itself. I spent 30 years turning wrenches and half my exposure came from brake pad dust that wasn't even stamped with a company name on the box. When I finally tracked down the supplier records from the shop, turned out it was made by three different outfits over the years. My attorney said that's actually pretty common, especially for stuff that got repackaged or resold. The East 130th address you mentioned rings a bell because those old industrial plants sometimes had multiple tenants or subcontractors doing work inside the same building. If you can get the plant's actual supplier list from back then, that's gold. I'm still hunting down mine from 1987 and it's slow going but every name matters when you're filing with the trusts. The spreadsheet is the right move.

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