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.
Net Assetsa
$49.6M
as of 2025-12-31
net claimants' equity (filed FY2025 annual report, D. Del. 19-10118-LSS Doc 374)
Payment %
28.4%
of scheduled value
Last verified: Sep 3, 2026
Established
2014
annual reporting
Cumulative Paid
—
Trust Details
- Administrator
- Verus LLC
- Court
- Bankr. D. Del.
- Docket
- 16-10266
- Asset Source
- net claimants' equity (filed FY2025 annual report, D. Del. 19-10118-LSS Doc 374)
- Notes
- Total assets $53.32M; 166 claims paid totaling $2.09M in 2025; 28.4% under TDP 4.3 reconsideration (notice 4/7/2026)
Related Research Reports
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 2026ATR-2026-Q2Published Jul 1, 2026Data as of 2026-06-30
State of the Asbestos Trust System — Q2 2026Filing-season issue: nine trusts move onto FY2025 filed footing, refreshing the documented floor to an exact $17,042,880,106 (23.3% class-(a)); cuts at Combustion Engineering and Babcock & Wilcox, reconsideration notices at Maremont, USG, and B&W; Georgia-Pacific abandons Bestwall and plans a new Chapter 11. Retrospective issue, backfilled July 28, 2026.