Porter Hayden asbestos trust: payment percentage and values
Claims are paid by the Porter Hayden Bodily Injury Trust under its own rules, yet no current payment percentage has been released.
Record of the Porter Hayden trust
| Status | Active, paying claims |
|---|---|
| Company behind it | Porter Hayden Company |
| Net assets | $30.0 million, as of December 31, 2022 |
| Set up | 2005 |
| Bankruptcy case | No. 02-54152 |
| Court | U.S. Bankruptcy Court, District of Maryland |
| Claims handled by | Verus LLC |
| Other trusts' rates | Asbestos trust fund list |
Ask whether a claim fits the Porter Hayden trust and the other trusts in the work history.
Products from Porter Hayden Company
| Block insulation | Pipe insulation |
| Insulating cement | Firebrick |
| Insulated prefabricated conduit | Wallboard |
| Caulk | Putty |
For a claim, there must be proof of work with or around these products.
Steps to submit a claim to the Porter Hayden trust
- You need a written diagnosis from a doctor, backed by an exam or pathology report.
- Collect documents showing the person worked around or with company products, like sales, construction, or employment files.
- Verus LLC handles claims for the Porter Hayden trust; law firms file most of them online. You file the claim on the trust's form and attach those records.
- Submit claims to every trust in your work history together, since each one covers just a portion.
Trust claims explained step by step · Lawsuit deadlines in each state
Other trusts that paid for joint compound and drywall
| Trust | Share paid today | Mesothelioma claim pays now |
|---|---|---|
| USG (United States Gypsum) | 10% | $15,500 |
| Bondex | 29.5% | $23,600 |
| National Gypsum | 45% | $10,125 |
| Kaiser Gypsum | 62% | Valued case by case |
Sources: products from asbestos.com; trust record from AsbestosTrusts.org (CC BY 4.0), updated monthly.