H. K. Porter asbestos trust: payment percentage and values
Each disease on an approved claim gets 3% of its set amount from the H. K. Porter Asbestos Trust.
- Value for mesothelioma
- $20,000
- Portion paid now
- 3%
- Amount a mesothelioma claim receives
- $600
What the H. K. Porter trust pays on a claim
| Disease level | Set amount | Paid at 3% |
|---|---|---|
| Mesothelioma | $20,000 | $600 |
| Lung cancer | $12,000 | $360 |
| Other cancer (throat, stomach, colon) | $7,500 | $225 |
These fixed sums apply to faster reviews by the trust. If a claim goes for closer, individual review, its value may end up higher or lower.
Record of the H. K. Porter trust
| Status | Active, paying claims |
|---|---|
| Company behind it | H. K. Porter Company |
| Net assets | $20.5 million, as of December 31, 2022 |
| Set up | 2003 |
| Bankruptcy case | No. 91-21071 |
| Court | U.S. Bankruptcy Court, Western District of Pennsylvania |
| Claims handled by | Verus LLC |
| Other trusts' rates | Asbestos trust fund list |
| Trust website | The H. K. Porter trust's own site |
Ask whether a claim fits the H. K. Porter trust and the other trusts in the work history.
What H. K. Porter Company made
| Pipe insulation | Gaskets |
| Brakes and brake pads | Fireproof cloth |
| Asbestos tape and felt | Disc brakes |
| Refractory materials | Packing materials |
A claim requires proof showing the person worked near or with these products.
Submitting a claim to the H. K. Porter trust
- Get a written diagnosis from a doctor, supported by an exam or pathology report.
- Collect records like employment, construction, or sales files that show the person worked with or around company products.
- Most claims get filed online by a law firm; Verus LLC handles them for the H. K. Porter trust. Attach those records to the trust's own form when you submit the claim.
- Since each trust covers just a portion of a claim, file with all other trusts in the work history together.
Other trusts that have paid for brakes and clutches
| Trust | Share paid today | Mesothelioma claim pays now |
|---|---|---|
| Motors Liquidation (old GM) | 10.3% | $18,025 |
| Maremont | 28.4% | $33,950 |
| Raytech (Raymark) | 1.35% | $2,427 |
| NARCO | 100% | $75,000 |
Sources: scheduled values from the trust's claim value page; products listed at mesotheliomafund.com; record details from AsbestosTrusts.org (CC BY 4.0), updated monthly.