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The Largest Trust for Asbestos Claims in the United States

Asbestos exposure is a serious matter. Dust from asbestos t has been used in many thousands of different products and materials. Later it was learned asbestos was the major cause of lung cancer and mesothelioma. “Goldberg, Persky & White P.Care considered leaders in litigation for those having developed mesothelioma because of this exposure to this dust of asbestos.

Mesothelioma trust

The “Johns Manville Bankruptcy Trust” is considered the very earliest established in the history of mesothelioma litigation. JM is a business that makes roofing materials, insulation, and engineered other products and was in Denver, Colorado. Just like most of all early building businesses, JM used asbestos in many of the products it made. Asbestos use from this business has stopped, but not before its unwanted problems has hurt many other companies and was the beginning of many lawsuits. The business filed for bankruptcy and then established a trust fund for asbestos lawsuits to deal with all pending and future claims for litigation involving asbestos.

Exposure to asbestos

If you or one of your loved ones was using a JM product and exposed to asbestos and have been identified as having mesothelioma, this law firm can assist you. A mesothelioma attorney from GPW Law will help you with any mesothelioma claim. Mesothelioma compensation can be tough to go it alone, especially with a large bankruptcy trust such as the JM Trust.

Had its beginning in 1858

JM was opened in 1858 as “Henry Ward Johns” and developed as well as patented the first shingle for modern roofing as well as several types of insulation products. He then changed his business name to “H.W. Johns manufacturing”. Then in the year 1901, he combined with “Manville Covering Company” to form “H.W. Johns-Manville” (JM). Then again in 1926, this company developed as the “Johns Manville Corporation”.

After 1926

After the 1926 name change, using asbestos became quite common. Asbestos was very easy to attain and was very inexpensive. It made a great insulator, resistant to heat and fire, lightweight as well as flexible. JM was absorbed in the mining, production and the supplying of asbestos fibers as well as products to be used by businesses and other authorities.

World War II

In World War II, JM began making several asbestos products used by the US government. In 1945, the company gained a contract for providing asbestos insulating material for almost every ship that belonged to the US Navy. From the Navy shipyards alone, thousands of labors installed tons of asbestos. Many of these shipyard workers would become sick and file suits decades later.

After the war

When WWII was over, JW continued to a developer in the making of PVC pipes made with asbestos, fiberglass insulation, pipes of cement as well as a broad assortment of other products containing asbestos and used for building. JM, for years, until the 1980s was the business that was leading the way in the mining, processing and preparing, manufacturing, and providing asbestos and products made with asbestos.

Products with Asbestos

Products with asbestos made by Johns Manville were disseminated worldwide. As stated above, asbestos has been used widely in the sector of construction prior to the understanding of its hazard to human health. The main motive behind using this damaging carcinogen progresses around its implication, ease in availability, and fire/heat liability.

Johns Manville Bankruptcy Trust

Due to the problems with asbestos, Johns Manville was the largest US business to have to file for bankruptcy during 1982. When this company was restructured during 1988 it also developed the “Manville Personal Injury Settlement” – the very first asbestos trust created with nearly $2.5 billion. Since then many companies have also established an asbestos trust to pay for claims from using asbestos.

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