What Is the Shook & Fletcher Asbestos Trust?
Shook & Fletcher distributed and installed asbestos-containing thermal insulation products for various industrial applications. These products caused many workers to develop asbestos-related diseases like mesothelioma.'
Beginning in 1976, Shook & Fletcher was hit with claims for diseases relating to exposure to asbestos they installed or distributed. In the face of over 80,000 asbestos lawsuits, Shook & Fletcher filed for Chapter 11 bankruptcy and created an asbestos trust to pay those harmed.
About the Shook & Fletcher Asbestos Settlement Trust
- In 1993, Shook & Fletcher joined 19 other asbestos manufacturers in a class action settlement attempt in federal court — a landmark case that ultimately reached the U.S. Supreme Court, which rejected the settlement in 1997.
- In 2002, Shook & Fletcher established the Shook & Fletcher Asbestos Settlement Trust — just months after they had filed for Chapter 11 bankruptcy protection.
- While the company's thermal insulation helped protect against extreme temperatures across a range of industries, it put workers in harm's way.
- Boilermakers, construction workers, pipefitters, and shipyard workers are among the groups most likely to have been sickened by Shook & Fletcher asbestos products.
- The Shook & Fletcher asbestos trust was initially funded with about $306 Million.
- Shook & Fletcher asbestos victims diagnosed with mesothelioma, lung cancer, and other asbestos-related illnesses, as well as their family members, may be eligible for payouts.
Mesothelioma victims receive over $1 Million on average from asbestos claims, including payouts from various trusts in most cases, easing financial worries when patients are undergoing treatment or when a loved one has passed.
At Sokolove Law, our clients often start receiving asbestos claim payouts in as few as 90 days of contacting our team. We’ll fight to secure the compensation you deserve as quickly as possible.
Since 1979, Sokolove Law has secured over $5.5 Billion for thousands of mesothelioma victims and their families.
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Shook & Fletcher Asbestos Products
Founded in Alabama in 1949, Shook & Fletcher Insulation Company was a major supplier of asbestos insulation materials used across job sites in industries such as construction, manufacturing, and energy.
The company’s insulation products were often installed in power plants, refineries, and shipyards. These were environments where workers faced a high risk of asbestos exposure.
Shook & Fletcher asbestos products included:
- Industrial coatings, ceramic fibers, and sealing materials
- Insulating cement and industrial adhesives
- Mineral fiber pipe insulation systems
- Protective coverings, including jacketing and tapes
- Thermal and acoustic asbestos insulation
Asbestos was durable, inexpensive, and fireproof, meaning it was a prized material for insulation used around equipment that generated high heat. Unfortunately, those who worked with or near Shook & Fletcher asbestos products were at risk of inhaling or swallowing the microscopic fibers.
Asbestos-related illnesses like mesothelioma don't appear right away but usually 20-50 years later. By filing asbestos claims, victims can fight back against Shook & Fletcher and other asbestos-related companies that caused them harm.
History of Shook & Fletcher Insulation Asbestos Lawsuits
Up until Shook & Fletcher entered bankruptcy protection, the company had been hit with a wave of 80,000 lawsuits filed by individuals with injuries linked to their asbestos-containing products.
Many of the victims worked at industrial facilities in Alabama, Georgia, Mississippi, Louisiana, and Texas, where Shook & Fletcher thermal asbestos insulation was commonly used.
While 31 states had confirmed Shook & Fletcher worksites, 87% were in the Southeast — with claimants in Alabama and Mississippi getting 2.2 times the base payout versus workers in other states.
Companies that had multiple sites with Shook & Fletcher asbestos products included:
- Alabama Power
- Celotex
- Diamond Shamrock
- Johns Manville
- Georgia Power
- General Electric
- Goodyear
- Monsanto
- Southern Natural Gas
- TVA
- Union Carbide
- Western Electric
The Shook & Fletcher asbestos trust was set up to compensate the thousands of workers harmed by the company's products. In July 2004, the trust began processing claims and, less than 2 years later, had received over 20,000 claims.
Shook & Fletcher Asbestos Lawsuit Alleges Exposure at Electric Boat Shipyard
Workers at the Electric Boat Division of General Dynamics Corporation in Connecticut filed personal injury lawsuits against Shook & Fletcher Insulation Co. and more than a dozen other asbestos-related companies alleging injuries from occupational exposure.
Shook & Fletcher was named as a defendant alongside companies including Raybestos-Manhattan, Owens-Corning Fiberglas, and H.K. Porter Company.
Shook & Fletcher Asbestos Class Action Lawsuit
In 1993, Shook & Fletcher joined 19 other asbestos manufacturers in a landmark class action lawsuit filed in the U.S. District Court for the Eastern District of Pennsylvania to resolve current and future asbestos claims through a single settlement.
The case of Georgine v. Amchem Products, Inc. included A.P. Green Industries, Armstrong World Industries, C.E. Thurston & Sons, Flexitallic, Pfizer Inc., Quigley Co., Union Carbide Corp., United States Gypsum Co., and several other companies known for using asbestos in their products.
The 3rd Circuit Court of Appeals reversed the class certification, and the U.S. Supreme Court ultimately affirmed that decision in Amchem Products, Inc. v. Windsor (1997), finding that the proposed class failed to meet the requirements needed to certify a class under Federal Rule of Civil Procedure 23.
Who Can File a Shook & Fletcher Asbestos Trust Claim?
The Shook & Fletcher asbestos trust assesses claims and provides payouts to victims diagnosed with asbestos-related illnesses connected to their products. Family members may also be able to file a claim.
You may be able to file a Shook & Fletcher asbestos claim if:
- You or a loved one worked with or around Shook & Fletcher products
- You were diagnosed with mesothelioma, lung cancer, or a related illness
- A family member was diagnosed with or died from mesothelioma or another asbestos-caused disease
- You are a representative of the victim's estate
At Sokolove Law, our asbestos attorneys offer free case reviews, allowing families to find out about their eligibility for Shook & Fletcher asbestos trust payouts without any financial stress.
Our team can also determine whether you may be entitled to other sources of compensation, which could increase the total amount of money you may receive.
Since 1979, Sokolove Law has secured over $5.5 Billion for thousands of mesothelioma victims and their families.
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John & Dee Sokolove Law ClientsJobs at Risk for Shook & Fletcher Asbestos Exposure
For decades, asbestos-containing insulation products could be found in industrial sites across the country. While anyone who came in contact with these products risked exposure, workers who handled them daily were most likely to become sick.
High-risk jobs included:
- Boiler tenders
- Chemical workers
- Construction workers
- Factory workers
- Insulators
- Pipefitters
- Power plant workers
- Refinery workers
- Roofers
- Shipyard workers
- Textile workers
- U.S. military veterans
Military sites linked to Shook & Fletcher asbestos exposure include Brookley Air Force Base, Maxwell Air Force Base, Dover Air Force Base, Portsmouth Naval Shipyard, and Charleston Naval Shipyard.
Asbestos insulation workers have faced elevated cancer risks. About 1 in 5 deaths among these workers was due to lung cancer, with gastrointestinal cancer rates double that of the general population, according to a government study. Mesothelioma accounted for approximately 7% of all deaths.
How to File a Shook & Fletcher Asbestos Settlement Trust Claim
The Shook & Fletcher Asbestos Settlement Trust has procedures for filing a claim and seeking a payout. While the process may seem complex, the asbestos lawyers at Sokolove Law can shoulder all the legal work, making it as easy and stress-free as possible.
When filing a Shook & Fletcher asbestos claim, our team can help:
- Gather evidence: Our mesothelioma attorneys can collect medical records and asbestos exposure documentation connected to Shook & Fletcher asbestos products.
- File your Shook & Fletcher asbestos claim: We will prepare and file your claim with the Shook & Fletcher Asbestos Settlement Trust, as well as any other trusts that may be eligible for.
- Suggest the type of review: The trust's administrators will review your claim using either an Expedited Review or an Individual Review. Your legal team can explain the option that may be best for your case.
- Secure a payout: Once your claim is approved and liquidated, the trust will issue a payout depending on the individual factors involved.
- Pursue additional compensation: Many mesothelioma victims were exposed to multiple asbestos-containing products. Our team can help identify all of the companies that played a role in your exposure and seek compensation from each one.
"The process was not difficult at all. The majority of the settlements came in within the first year or so.”
– Kelly, Daughter of a Refinery Worker with Mesothelioma & Firm Client
Asbestos trust fund claims have deadlines called statutes of limitations, which limit how much time you have to file a claim and seek compensation. The deadline for the Shook & Fletcher asbestos trust is generally 3 years after the date of diagnosis.
Shook & Fletcher Asbestos Trust Payouts
Many asbestos-related companies like Shook & Fletcher created trust funds to compensate those harmed by their products, both now and in the future. These funds provide different payouts based on a patient's disease, the state in which the exposure occurred, and more.
The Shook & Fletcher asbestos trust's payment system mirrored what juries and courts had awarded before the company filed for bankruptcy. Because the company operated primarily in Alabama and Mississippi, claimants from those states had historically won larger verdicts and settlements against the company.
Shook & Fletcher asbestos trust payouts may include:
| Disease | Location of Exposure: Mississippi or Alabama | Location of Exposure: Georgia, Louisiana, or Texas | Location of Exposure: All Other States |
|---|---|---|---|
| Mesothelioma | $22,000 | $10,000 | $10,000 |
| Lung Cancer | $6,000 | $2,700 | $1,800 |
| Other Cancers | $2,500 | $1,500 | $1,000 |
Payouts are calculated using a payment percentage to ensure that money remains to pay future claimants over the life of the trust. Percentage amounts and other specifics are subject to change as claims are paid.
The Shook & Fletcher asbestos trust payment percentage is 58% of the approved claim value. Including payments from additional asbestos claims, families often secure over $1 Million total in financial assistance with our team's help.
“Today, billions of dollars are potentially available across dozens of trusts. Our asbestos attorneys can determine if you’re eligible for trust fund compensation and file claims on your behalf while also pursuing money from lawsuits if you’re eligible."
– Ricky LeBlanc, Managing Attorney of Sokolove Law
Get Help Filing Shook & Fletcher Asbestos Claims
The fallout from a diagnosis linked to asbestos exposure can leave families unsure of where to turn for help. Treatment expenses and lost income can mount quickly, adding to the emotional strain that comes with a serious illness.
As a national asbestos law firm, Sokolove Law can step in and fight for the compensation families deserve, including payouts from asbestos trust funds and other claims.
For more than 45 years, we've secured over $5.5 Billion total for patients and families affected by mesothelioma.
Our team can tie your exposure to the companies responsible and handle every step of the process for you, so you can focus on your health instead of legal work.
Call (800) 647-3434 right now or fill out our form to find out if you may be eligible for a payout from the Shook & Fletcher asbestos trust.
Shook & Fletcher Asbestos Trust FAQs
What happened to Shook & Fletcher Insulation Company?
Shook & Fletcher was an insulation contractor that used and installed asbestos-containing materials for decades. Like many companies in the industry, they later faced 80,000 lawsuits from workers and family members who developed asbestos-related diseases.
As the number of claims grew, the company filed for Chapter 11 bankruptcy protection in 2002 to manage their liabilities. Through that process, Shook & Fletcher established an asbestos trust fund to handle current and future claims.
Today, those harmed by the company's products can file a claim for compensation with the Shook & Fletcher Asbestos Settlement Trust. See if you may be eligible for a payout.
What is the average payout for the Shook & Fletcher asbestos trust fund?
Shook & Fletcher asbestos trust payouts can vary based on factors like the type of illness, the state in which the exposure occurred, and the trust’s payment percentage at the time.
The average payout for mesothelioma is over $1 Million for patients and families, with payouts usually coming from multiple trust funds and claims against asbestos-related companies.
What is the current payment percentage for the Shook & Fletcher asbestos trust?
As of this date, the Shook & Fletcher asbestos payment percentage is 58%. However, this percentage is subject to change as claims are paid, which ensures that money is left for future claimants.
What is the average payout from asbestos claims?
The average total payout from asbestos claims exceeds $1 Million for individuals diagnosed with serious illnesses like mesothelioma. In many cases, victims recover $300,000 to $400,000 total from asbestos trust funds alone, depending on eligibility and the number of claims filed.
These funds can help offset the high cost of medical care and offer financial stability, giving families added support as they cope with the challenges of an asbestos-related diagnosis.
How long does it take to get a Shook & Fletcher asbestos trust payout?
Every claim follows its own timeline, and how long it takes can depend on the review process and other case-specific factors. Expedited review claims are generally processed faster, while individual review claims may take longer due to a more in-depth evaluation.
That said, many Sokolove Law clients start receiving compensation in as few as 90 days, helping them access financial support sooner rather than later. Contact us now to find out if you may qualify for asbestos trust fund payouts.
