Porter Hayden Asbestos Trust: Claims and Payment

Porter Hayden Company is the debtor behind the Porter Hayden Bodily Injury Trust, which the trust's site says was created in 2007 as a result of confirmation of the company's Chapter 11 Joint Plan of Reorganization. Its trust distribution procedures refer to a plan of reorganization under Chapter 11 dated March 21, 2005 as the plan filing date, and to a Bodily Injury Trust Agreement that, with the plan, established the trust. The procedures were first adopted July 12, 2007 and revised July 15, 2021, each with the unanimous consent of the legal representative and the trust advisory committee. They cite Section 524(g) of the Bankruptcy Code as the model for treating present and future claims. They schedule five disease levels, from Non-Malignant Disease at Level I to Mesothelioma at Level V. The site also posts a revised COVID-19 notice dated October 1, 2021, notices on filing fees and statutes of limitations, and alternative dispute resolution procedures.