🎥 Journey back in time with AC.Law in this compelling video on asbestos trusts, as we explore the legacy of Durabla Manufacturing Company. Founded in 1911 as a sheet gasket producer, Durabla developed a strong relationship with Goodyear Tire & Rubber Company over the years.
Trades like mechanics, factory workers, and boilermakers faced asbestos exposure while handling contaminated gasket materials, causing asbestos fibers to become airborne and pose health risks.
Both Durabla Manufacturing and Durabla Canada filed for Chapter 11 bankruptcy, with the former filing in 2009 and the latter in 2010. In 2012, they created the Durabla Trust under their Joint Plan of Reorganization, with a current payment percentage of 26%.
Despite being established in 2012, the Durabla Trust only started accepting claims on September 8, 2020. The 2022 annual report revealed that the Trust received 4,092 claims that year, with compensation amounts still being processed.
AC.Law has helped thousands receive rightful compensation for asbestos injuries, and we can assist you too. Don't miss this crucial video to understand the complexities of the Durabla Trust. Let us help you seek the compensation you deserve.
Scheduled payment values for eligible claimants are included in the video for reference.
You can contact asbestos attorney Justinian C. Lane at Asbestos Claims Law via his website at http://www.AsbestosClaims.law.
Email directly at help@asbestosclaims.law.
Or call anytime at (833) 4-ASBESTOS (427-2378).
