WR Grace Asbestos Trust
A personal injury trust was set up as part of the Grace bankruptcy proceedings to handle personal injury claims.
Because of the bankruptcy tolling, some claims against the Grace Trust expired on February 25, 2018 for folks diagnosed with Libby asbestos-related disease prior to Feb. 25, 2015. However, there are always exceptions, and an attorney needs to advise you on your potential claims.
If you have been diagnosed more recently than Feb. 25, 2015, you likely have three years to file a claim with the Trust. The statute of limitations applicable to your claim must be reviewed by a legal professional.
Vigilance is required. Some people who have been diagnosed do not have any signiﬁcant pulmonary impairment. This is primarily because of CARD’s early detection of disease. They may have been diagnosed with a disease but it isn’t impacting their life in any signiﬁcant way.
The consequence of not filing a timely claim is that if someone does end up progressing in the future, and they have been diagnosed with a disease more than three years ago, they will probably have no recompense against any entity, including the primary culprit. (There are always exceptions.)
If you are a client of the McGarvey, Heberling, Sullivan & Lacey law ﬁrm, a claim already has been ﬁled on your behalf. The ﬁrm has ﬁled 2,200 claims to date that relate to Libby asbestos exposure.