Eagle-Picher Asbestos Trust: Claims and Payment

The U.S. Bankruptcy Court for the Southern District of Ohio confirmed the Third Amended Plan of Reorganization in the Eagle-Picher Chapter 11 case, Case No. 91-10100, on November 18, 1996. That plan established the Eagle-Picher Industries, Inc. Personal Injury Settlement Trust. Section 3.2.17 of the plan provided for establishing the trust with the primary purpose of resolving asbestos personal injury claims. The confirmation order contains a channeling injunction that directs those claims to the trust, and the plan states that the sole recourse of a holder of such a claim is to the trust. In an April 2025 memorandum order the bankruptcy court granted the trust summary judgment on a request to reopen review of a claim, which shows the trust and the court's continuing jurisdiction were still active in 2025.