Paddock (Owens-Illinois) asbestos trust: payment percentage and values
For each disease on an approved claim, the Paddock Enterprises (Owens-Illinois) Asbestos Trust pays 65% of the set amount.
- Value for mesothelioma
- $100,000
- Percentage paid now
- 65%
- Amount a mesothelioma claim receives
- $65,000
Claim payments at the Paddock (Owens-Illinois) trust
| Disease level | Set amount | Paid at 65% |
|---|---|---|
| Mesothelioma | $100,000 | $65,000 |
| Lung cancer | $25,000 | $16,250 |
| Other cancer (throat, stomach, colon) | $10,800 | $7,020 |
| Severe asbestosis | $28,200 | $18,330 |
| Asbestosis or pleural disease (higher level) | $5,900 | $3,835 |
| Asbestosis or pleural disease (lower level) | $2,900 | $1,885 |
The trust uses these fixed sums for its faster reviews. If a claim gets a detailed, individual review, the value might be higher or lower.
Record for the Paddock (Owens-Illinois) trust
| Rate in effect since | August 19, 2026 |
|---|---|
| Rate before that | 50% |
| Status | Active, paying claims |
| Company behind it | Paddock Enterprises (Owens-Illinois) |
| Set up | 2020 |
| Bankruptcy case | No. 20-10028 |
| Court | U.S. Bankruptcy Court, District of Delaware |
| Claims handled by | Verus LLC |
| Other trusts' rates | Asbestos trust fund list |
| Trust website | The Paddock (Owens-Illinois) trust's own site |
Ask whether a claim fits the Paddock (Owens-Illinois) trust and the other trusts in the work history.
Items Paddock Enterprises made
| Kaylo pipe covering | Kaylo block insulation |
Proof that a person worked around or with these products is needed for a claim.
How to submit claims to the Paddock (Owens-Illinois) trust
- Get a written diagnosis from a doctor, backed by an exam or pathology report.
- Collect records showing the person worked around or with company products, like sales, construction, or employment files.
- Verus LLC handles claims for the Paddock (Owens-Illinois) trust; a law firm usually files them online. Submit the claim using the trust's specific form and attach those records.
- File at the same time with other trusts linked to your work history, as each pays only a share.
Trust claim process explained step by step · Lawsuit time limits by state
More trusts that provided payments for boiler and pipe insulation
| Trust | Share paid today | Mesothelioma claim pays now |
|---|---|---|
| W. R. Grace | 30.1% | $54,180 |
| Pittsburgh Corning | 19% | $33,250 |
| Owens Corning / Fibreboard | 4.3% | $9,245 |
| Quigley | 13.3% | $26,600 |
The payment percentage comes from the trust's payment notice; scheduled values are on the trust's claim value page. Product info is from elslaw.com, while the trust record is at AsbestosTrusts.org (CC BY 4.0) and gets refreshed monthly.