Yarway asbestos trust: payment percentage and values
For each disease on an approved claim, the Yarway Asbestos PI Trust pays 27.5% of the set amount.
- Value for mesothelioma
- $55,000
- The share being paid today
- 27.5%
- Amount a mesothelioma claim receives
- $15,125
What the Yarway trust pays on a claim
| Disease level | Set amount | Paid at 27.5% |
|---|---|---|
| Mesothelioma | $55,000 | $15,125 |
| Lung cancer | $17,500 | $4,813 |
| Other cancer (throat, stomach, colon) | $5,000 | $1,375 |
| Severe asbestosis | $10,000 | $2,750 |
| Asbestosis or pleural disease (higher level) | $2,000 | $550 |
| Asbestosis or pleural disease (lower level) | $500 | $138 |
The trust uses these fixed sums for fast reviews. If a claim gets an individual review, the value may go up or down.
History of the Yarway trust
| Rate in effect since | May 1, 2024 |
|---|---|
| Status | Active, paying claims |
| Company behind it | Yarway Corporation |
| Net assets | $246.3 million, as of December 31, 2022 |
| Set up | 2013 |
| Bankruptcy case | No. 13-11025 |
| Court | U.S. Bankruptcy Court, District of Delaware |
| Claims handled by | Verus LLC |
| Other trusts' rates | Asbestos trust fund list |
| Trust website | The Yarway trust's own site |
Ask whether a claim fits the Yarway trust and the other trusts in the work history.
Items made by Yarway Corporation
| gaskets | packing |
| Teflon-asbestos joint packing | steam traps |
| blow-off valves | expansion joints |
| pipe-joint clamps | automatic boiler skimmer |
Proof that a person worked around or with these products is required for a claim.
Filing a claim with the Yarway trust
- Obtain 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.
- Most claims get filed online by a law firm, while Verus LLC processes them for the Yarway trust. You file the claim on the trust's own form and attach those records.
- Because each trust pays just part of a claim, file with other trusts in the work history at once.
Other trusts that have paid for gaskets, packing, pumps and valves
| Trust | Share paid today | Mesothelioma claim pays now |
|---|---|---|
| Leslie Controls | 6.25% | $6,250 |
| Pittsburgh Corning | 19% | $33,250 |
| DII Industries (Halliburton) | 60% | No value published |
| Federal-Mogul | 2.9% | $5,800 |
Sources: scheduled values from the trust's claim value page; products from mesothelioma.com; trust record via AsbestosTrusts.org (CC BY 4.0), updated monthly.