NARCO Asbestos Trust

active

North American Refractories Company

www.narcotrust.com
Net Assetsa
$1.26B
as of 2025-12-31
net claimants' equity (filed)
Payment %
100%
of scheduled value
effective Jan 1, 2013
Last verified: Sep 3, 2026
Established
2013
annual reporting
Cumulative Paidsearch docket
$904.0M
as of 2025-12-31

Trust Details

Administrator
DCPF
Court
Bankr. W.D. Pa.
Docket
02-20198
Asset Source
net claimants' equity (filed)
Notes
$1.325B Honeywell buyout 1/30/2023; intake paused 12/31/2025, resumed 1/12/2026 under DCPF administration

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.

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ATR-2026-Q2Published Jul 1, 2026Data as of 2026-06-30
State of the Asbestos Trust System — Q2 2026

Filing-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.

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ATR-2026-Q1Published Apr 1, 2026Data as of 2026-03-31
State of the Asbestos Trust System — Q1 2026

NARCO resumes under DCPF administration, the Fourth Circuit's Herlihy decision channels ~60,000 stayed DBMP suits toward a future trust, the Bestwall fight reaches the Supreme Court docket, and the Cross-Trust Audit Program runs its first cycles — a quiet quarter for payment percentages. Retrospective issue, backfilled July 28, 2026.

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