Settlement with Resolute-Related Parties

Posted 09/02/14
The Trust has entered into a settlement approved by the Bankruptcy Court with certain insurers for Plant related to Resolute Management and its affiliates.  The settlement is subject to reconsideration procedures as detailed in the Notice of Entry of Order and of Reconsideration Procedures.  The documents submitted in support of the motion are the Plan Proponents’ Motion for Order Approving Settlement…, and the Declarations of Steven Sacks, Stephen Snyder, Thomas Ryan and Alan Brayton.  The period for reconsideration of the Motion expires on September 19, 2014.

Settlement with USF&G

Posted 09/02/14
The Trust has entered into a settlement approved by the Bankruptcy Court with USF&G, an insurer for Plant, and its affiliates.  The settlement is subject to reconsideration procedures as detailed in the Notice of Entry of Order and of Reconsideration Procedures.  The documents submitted in support of the motion are the Plan Proponents’ Motion for Order Approving Settlement…, and the Declarations of Steven Sacks, Stephen Snyder, Robert Miley and Alan Brayton.  The period for reconsideration of the Motion expires on September 19, 2014.

Annual Report

Posted 05/01/14
PLEASE TAKE NOTICE that a hearing on the motion to approve Plant Asbestos Settlement Trust’s Second Annual Report and Accounting is scheduled for Friday, June 27, 2014 at 9:30 a.m. before United States Bankruptcy Court Judge, the Honorable Thomas E. Carlson, at the United States Bankruptcy Court for the Northern District of California, San Francisco Division, located at 235 Pine Street, San Francisco, California 94104 in Courtroom 24.

New Documents Posted

Posted 05/01/14
The Second Amended and Completely Restated Plant Insulation Company Asbestos Settlement Trust Agreement, Second Amended and Completely Restated Plant Insulation Company Asbestos Settlement Trust Bylaws, First Amended and Completely Restated Plant Insulation Company Asbestos Personal Injury Settlement Trust Distrubution Procedures, and Second Amended and Completely Restated Plant Insulation Company Asbestos Settlement Trust Case Valuation Matrix have been posted to the Trust Documents page.