A.P. Green Asbestos Trust: Claims and Payment

A.P. Green Industries stopped using asbestos in its products by 1976, but earlier use led to large numbers of lawsuits. According to the Third Circuit, from the 1980s through early 2002 the company spent about $448 million resolving over 200,000 claims, and about 235,000 more were pending in February 2002. In February 2002, Global Industrial Technologies, A.P. Green Industries and related entities filed Chapter 11. The trust's distribution procedures give the Petition Date as February 14, 2002 and refer to the Third Amended Plan of Reorganization of Global Industrial Technologies dated December 28, 2005. The bankruptcy court confirmed a plan on November 14, 2007 and the district court affirmed, but in 2011 the Third Circuit vacated that order and remanded for further review. The APG Asbestos Trust's site states that it began reviewing pre-petition liquidated claims on December 2, 2013 and began accepting claims under the distribution procedures on March 6, 2014. The procedures schedule seven disease levels, from Pleural Disease at Level I to Mesothelioma at Level VII. A trustee notice dated April 13, 2026 raised the payment percentage from 5.3% to 6.0% effective that day, and the procedures were last amended on February 27, 2026.