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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 July 22nd, 2013 the current IRC payment percentage is 6.5% of the gross settlement value.

Recent News

06
SEP
2013

Trust Online Enhancement

Please review the attached documents for upcoming...
06
AUG
2013

Notice Regarding Celotex migration to Trust Online

Please review the notice below regarding the Celotex...
06
AUG
2013

Migration Notice for Celotex

Please review the following notices regarding the...
26
JUL
2013

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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