About The Trust

The Plant Insulation Company Asbestos Settlement Trust (doing business as Plant Asbestos Settlement Trust) was established pursuant to an order of the United States Bankruptcy Court, Northern District of California, San Francisco Division under special provisions of the United States Bankruptcy Code to accept and resolve Asbestos claims arising out of operations of Plant Insulation Company. The Court appointed Trustees to administer the Trust and the Trust assets in accordance with the Trust Agreement. A Trust Advisory Committee (TAC), which is made up of representatives of plaintiffs’ counsel, and a court-appointed Futures Representative are also responsible for working with the Trustees to insure that the Trust is administered properly. The Trustees consult with the TAC and Futures Representative on certain matters regarding implementation and administration of the Trust.