The Pittsburgh Corning Corporation Asbestos Personal Injury Settlement Trust ("the Trust") has been established under Chapter 11 of the Bankruptcy Code to resolve all "Asbestos Personal Injury Claims" as defined in the Modified Third Amended Joint Plan of Reorganization (As Modified by the Technical Amendments) (the "Plan").
The Trustees of the Trust (the "Trustees") shall implement and administer the TDP in accordance with the Trust Agreement. It is designed to provide fair, equitable and substantially similar treatment for all Trust Claims that may presently exist or may arise in the future.
A copy of the TDP1 is available on this site. Information regarding claim filing procedures will indicate, among other things, when and how claims may be filed with the Trust. The Trust began accepting Pittsburgh Corning Corporation Asbestos Personal Injury Settlement Trust Claims on March 21, 2017 at 10:00 A.M. EST.1To the extent any content on the website conflicts with the TDP, the TDP controls.
The current payment percentage for PCC is 30.1% of the scheduled value for Expedited Review and 30.1% of the gross settlement value for Individual Review.