The Babcock & Wilcox Company Asbestos Personal Injury Settlement Trust was created to compensate people alleged to have been harmed by the asbestos products of Babcock & Wilcox. The existence of the trust reflects the resolution of the company’s asbestos liabilities in bankruptcy.
The Company and Its Bankruptcy
Babcock & Wilcox, a leading boiler manufacturer, filed for Chapter 11 in 2000 over asbestos claims tied to its boilers and their insulation. The B&W Asbestos Personal Injury Settlement Trust was established in 2006 with roughly $1.8 billion.
The Asbestos Products
According to publicly filed asbestos litigation, Babcock & Wilcox allegedly built industrial, utility, and marine boilers that were allegedly insulated and gasketed with asbestos and lined with asbestos refractory. Boilermakers, insulators, and power-plant and Navy engineering workers are alleged to have been heavily exposed.
What the Trust Covers
The trust pays qualifying claims from people alleged to have been exposed to Babcock & Wilcox boilers, refractory, and associated insulation. Like other asbestos trust funds, it evaluates claims against its own published medical and exposure criteria and pays a scheduled value adjusted by a payment percentage. Whether a particular exposure history qualifies — and which trusts and defendants it may reach — is a case-specific question best evaluated by an experienced asbestos attorney.
Claims Are a Matter for an Experienced Attorney
Determining whether the Babcock & Wilcox Company Asbestos Personal Injury Settlement Trust applies to your situation, gathering the product-identification evidence involved, and pursuing a claim are not do-it-yourself tasks — they are the work of an experienced asbestos attorney, who can investigate an exposure history and identify every trust and defendant it may reach (a single history commonly reaches several). Browse the manufacturer and product database to see the materials involved.
Related Product Categories
Boilers · Refractory Materials · Gaskets & Packing
If you were diagnosed with mesothelioma or another asbestos-related disease and were exposed to Babcock & Wilcox products alleged to contain asbestos, an experienced asbestos attorney can evaluate whether you may have a claim against the Babcock & Wilcox Company Asbestos Personal Injury Settlement Trust or other trusts and defendants.
Product and trust references reflect allegations and outcomes documented in publicly filed asbestos bankruptcy proceedings and litigation. This information is published by an independent media organization — not a law firm — and is educational only. It does not constitute legal advice or provide legal services. No outcome is promised or guaranteed.