Celotex Asbestos Trust

  • The Celotex Asbestos Settlement Trust was founded February 1, 1998 as a result of the bankruptcy of Celotex Corporation and Carey Canada Incorporated.

    Originally, Celotex was a Delaware corporation reincorporated in 1964, which manufactured and distributed roofing and building products for residential and commercial use. Carey Canada, a wholly owned subsidiary of Celotex, was formerly engaged in the mining, milling and processing of asbestos fiber.

    On October 12, 1990, Celotex Corporation and Carey Canada Incorporated filed for reorganization under Chapter 11 of the U.S. Bankruptcy Code. The Trust was created as a result of the bankruptcy. The Trust is organized to process, liquidate and pay all valid asbestos personal injury claims in accordance with the Claims Resolution Procedures (CRP) approved by the bankruptcy court.
  • As of November 20th, 2015 the current IRC payment percentage is 7.7% of the gross settlement value.

Recent News

23
NOV
2020

Temporary COVID-19 Policies Extended Through December 31, 2020.

Temporary COVID-19 policies have been extended through...
18
NOV
2020

Site Maintenance

The Trust Online system will be unavailable on...
30
MAR
2020

Temporary COVID-19 policies extended through September 30, 2020.

Please see the attached Trust Notice from the Celotex...
20
NOV
2015

Letter Regarding Celotex Payment Percentage Change

Please review theĀ letter below regarding a change in...

File a Claim

There are two types of Celotex claims: Individualized Review Claims (IRC) and Discounted Cash Payment (DCP) claims.

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Documents

The Celotex Asbestos Settlement Trust web site has readily accessible files for you to download.

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Deficiencies

View our page of claim deficiencies, and find out what's needed to resolve any issues you may be having with your claim.

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About Trust Online

The Trust has developed an interactive claims management tool that allows access to claimant information as never before.

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