Quigley Company Asbestos PI Trust
activeQuigley Company Inc. (Pfizer subsidiary)
www.quigleyasbestostrust.comNet Assetsb
$597.8M
as of 2022-12-31
assets per FY2022 annual report (secondary compilation)
Payment %a
13.3%Non-Releasing
3.3%Releasing
Two separate rates · not a trust-wide figure
of scheduled value
Rate scope: Two separate current rates: 13.3% for Non-Releasing Asbestos PI Claimants and 3.3% for Releasing Asbestos PI Claimants, both effective October 30, 2025. Neither figure is a single trust-wide rate.
effective Oct 30, 2025
Payment notice dated: Nov 10, 2025
Sub-Account Payment Percentagesseparate asset pools — never combined or averaged
Non-Releasing Asbestos PI Claimants13.3%
effective 2025-10-30
Decreased from 14.5% effective October 30, 2025.
source notice ↗Releasing Asbestos PI Claimants3.3%
effective 2025-10-30
Decreased from 3.6% effective October 30, 2025.
source notice ↗Established
2013
annual reporting
Cumulative Paid
—
Trust Details
- Administrator
- Verus LLC
- Court
- Bankr. S.D.N.Y.
- Docket
- 04-15739
- Asset Source
- assets per FY2022 annual report (secondary compilation)
- Notes
- Two-rate trust: 13.3% for Non-Releasing Asbestos PI Claimants (cut from 14.5%) and 3.3% for Releasing Asbestos PI Claimants (cut from 3.6%), both effective 10/30/2025 per the official notice dated 11/10/2025. 13.3% is not a trust-wide rate.
Recent Events
2026-10-08payment percentage qualification
Single 13.3% value replaced with a two-rate presentation: 13.3% for Non-Releasing and 3.3% for Releasing Asbestos PI Claimants, both effective October 30, 2025. 13.3% is no longer shown as a trust-wide rate. Released 2026-10-08 under the approved bounded release of the 2026-10-07 payment-rate reconciliation packet (approver: C.V.F.).
Quigley Asbestos PI Trust, Notice (2025-11-10)