ABB Lummus was among one of the thousands of companies responsible for the manufacture of asbestos products. For many years asbestos was a key ingredient in a variety of items such as rubber gaskets, roofing materials and insulation. Among the manufacturers of these and other asbestos products, was ABB Lummus. Asbestos was sought after for its ability to withstand extreme temperatures (both hot and cold) and its resistance to fire and water. The mineral is made up of thousands of tiny fibers that cling together. When they are disturbed they can easily break apart and contaminate the air. Unsuspecting people then become subject to inhaling asbestos dust or fibers and trapping them inside their respiratory system. Once this happens, the asbestos can cause mesothelioma and other serious illness and diseases. In some cases, these conditions have a very long latency period, which can complicate diagnosis and delay proper treatment. Mesothelioma is particularly dangerous, having a notably poor survival rate. Because of the illnesses, malignancies, and deaths caused by exposure to ABB Lummus' products, the company found itself deeply entangled in asbestos tort litigation.
As the lawsuits continued to pour in, the negative financial impact became too much for ABB Lummus. They turned to the US Bankruptcy Court and were permitted to devise a reorganization plan that would allow the company to remain afloat as claims were tended to. This plan called for the establishment of a trust fund, which was to contain $40 million that would be used to pay off valid injury claims. The Lummus Asbestos PI Trust was formed in 2006 to help ABB Lummus Global Inc. settle with the thousands of personal injury claims they received from people who purchased or worked with and around their products.
Trustees of the fund are called upon to review any case that has been brought against ABB Lummus. Each person who files a claim will have a waiting period while it is reviewed and the legality of it is determined. Claims that are found to be proper will be paid out in an amount that takes into consideration the severity of the health related concerns. The entire claim filing process may now be accomplished online to make it easier for the plaintiffs. A mesothelioma attorney can help you determine your eligibility for the trust and manage the claim process.
ABB Lummus Global Inc. continues to provide products and services to their clients across the globe. The company now takes particular pride and care in the manufacturing of products that are safe and asbestos-free.