H. K. Porter Asbestos Trust

H. K. Porter Asbestos Trust

November 25, 2024

The H.K. Porter Company Inc. Asbestos Settlement Trust filed a Motion to Reopen the Chapter 11 bankruptcy case of H.K. Porter Company, Inc. with the United States Bankruptcy Court for the Western District of Pennsylvania to have the Bankruptcy Court preside over the Trust’s Motion for Declaratory Judgment.  The hearing on the Motion to Reopen and the Motion for Declaratory Judgment is scheduled for December 18, 2024, at 1:30 p.m. with responses due by December 11, 2024 as provided for in the Notices of Hearing.  Copies of the Motion to Reopen, the Motion for Declaratory Judgment, and their respective Notices of Hearing can be found on the “Resources Tab.”

 

February 1, 2024

The Trustee, pursuant to the H. K. Porter, Inc. Asbestos Claims Resolution Procedures Article II Section 4.1, has commenced a review of the applicable Payment Percentage. During this review period, the Trust will suspend making new offers.

The Trustee will re-determine the payment percentage not less than thirty (30) days from the date of this letter. Assuming the claimant received an offer and release prior to the date of this letter, such claimant will have until the date of the proposed payment percentage change to return the executed release and receive the existing payment percentage.

Please be aware that failure to return a release within thirty (30) days of receipt could adversely affect your rights.

NOTICE TO PERSONS FILING CLAIMS WITH THE

H. K. PORTER ASBESTOS TRUST

Effective July 23, 2008 the H. K. Porter Asbestos Trust resumed accepting asbestos personal injury claims for processing. The Trust continues to follow the original Asbestos Claims Resolution Procedures, for receiving, reviewing and paying claims. However, law firm filers now have the option of filing their claims online using the Trust's new online filing system provided by Verus.

Instructions for using the online filing system along with the Electronic Filing Agreement, claim form and other related claims materials  are available for download from the Resources page of this website. As an alternative to downloading this information from the website, you may also request these documents or additional information by contacting the claims administrator at the address shown on the Contact Us page.

In order to gain access to the online filing system, each law firm must provide Verus with a newly executed Electronic Filing Agreement for H. K. Porter. In addition to the Electronic Filing Agreement, Verus will also need the full name and email address of the firm's designated administrator for use of the electronic filing system. Each firm's administrator will be provided with a user account and will have the ability to create and manage additional user accounts as needed by the law firm.

Even if you are already familiar with the online filing system used by other trusts administered by Verus, please also read the H. K. Porter Asbestos Trust Online Filing User's Guide available for download on the Resources page. For an online tutorial on the use of the system, please contact us and we will arrange a mutually agreeable time for a web-based demonstration.

The Trust strongly encourages using the online system for all filings, deficiency responses and return of signed releases.

Firms who decide to not use electronic filing will need to execute an Affirmation from Law Firms not Executing Electronic Filing Agreement. Before submitting claims on behalf of representatives of the injured party, they must also execute a Representative Verification Form.

Questions may be directed to:

Verus Claims Services:

Dan Myer at 609-466-0427 (ext. 1006) or dmyer@verusllc.com
Mark Eveland at 609-466-0427 (ext. 1004) or meveland@verusllc.com

The H. K. Porter Asbestos Trust:

Nicole Snyder, Director
nsnyder@gleasonexperts.com