Kaiser Asbestos PI Trust

active

Kaiser Aluminum & Chemical Corporation

www.kaiserasbestostrust.com

Court Document Temporarily Unavailable

The most recent annual report for this trust is filed with the court but cannot currently be retrieved from PACER (Public Access to Court Electronic Records) due to a CM/ECF system error. Some figures shown may rely on older filings or secondary sources until the document becomes accessible. We retry periodically.

Net Assetsb
$308.8M
as of 2022-12-31
assets per FY2022 annual report (secondary compilation)
Payment %a
10.6%
of scheduled value
Interim rate; consent pending. Interim, consent-pending applied rate: beginning February 5, 2025, the Trustees directed claims to be paid at 10.6% while the proposed reduction remained subject to TAC and FCR consent. Not a final or fully adopted rate.
proposal dated Feb 5, 2025
Payment notice dated: Feb 5, 2025
Established
2006
annual reporting
Cumulative Paid
—

Trust Details

Administrator
Verus LLC
Court
Bankr. D. Del.
Docket
02-10429
Asset Source
assets per FY2022 annual report (secondary compilation)
Notes
Interim, consent-pending 10.6% applied from 2/5/2025 under TDP §4.3 while the proposed decrease from 15.5% awaits TAC/FCR consent (official notice dated 2/5/2025); not described as final. Trust website (kaiserasbestostrust.com) posts no annual reports (resources + notices pages verified 2026-07-27) - filed reports are PACER-only; cumulativePaid stays null

Recent Events

2026-10-08payment percentage qualification

10.6% retained only as an interim, consent-pending applied rate beginning February 5, 2025 (proposed decrease subject to TAC and FCR consent); the unsupported 2006-01-01 effective date was removed. Not described as final or fully adopted. Released 2026-10-08 under the approved bounded release of the 2026-10-07 payment-rate reconciliation packet (approver: C.V.F.).

Kaiser Asbestos PI Trust, Notice of Request for Consent to Decrease Payment Percentage (2025-02-05)

Report editions with direct, substantive coverage of this trust’s documented figures, payment history, or case status.

ATR-2026-Q3Published Jul 28, 2026Data as of 2026-07-28
State of the Asbestos Trust System — Q3 2026

The filing season closes with the documented floor confirmed at $17.04B and 23.3% on verified class-(a) footing. Maremont and API are now fully verified at FY2025, correcting a prior $933,980 under-verification. Seven cuts since January 2023, zero raises. Babcock & Wilcox completes the seven-week notice-to-cut template. No new formations or closures.

Read report
ATR-2025-Q4Published Jan 1, 2026Data as of 2025-12-31
State of the Asbestos Trust System — 2025 Year in Review

The 2025 year in review: four payment-percentage cuts and the Celotex deferral, Rapid-American's end-of-life, landmark Fourth Circuit rulings in Kaiser Gypsum and Bestwall, and DCPF's §5.5 amendments and Cross-Trust Audit Program consolidating governance across half the documented floor. Retrospective issue, backfilled July 28, 2026.

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