The Babcock & Wilcox Asbestos Trust was formed in 2006 as a result of the bankruptcy of The Babcock & Wilcox Company, Diamond Power International, Inc., Babcock & Wilcox Construction Co., Inc., and Americon, Inc.
The Trust is organized to pay all valid asbestos personal injury claims against these defendants and certain related protected parties in accordance with the Trust Distribution Procedures ("TDP") approved by the bankruptcy court.The purpose of this website is to provide information to assist claimants and others in understanding the purpose of the Babcock & Wilcox Asbestos Trust and how the Trust resolves claims.
"The goal of the Trust is to process and pay valid claims as promptly and efficiently as possible."
A copy of the applicable TDP is available on this site.Information regarding claim filing procedures will indicate, among other things, when and how claims may be filed with the Trust.
Our Core Values
We work hard to exceed the expectations of our claimants and Trustees...
We conduct business with integrity and trust...
We respond quickly to claimants needs...
We treat all claimants equitably...
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Be sure to browse Resources on the Navigation bar for claim related information that may assist you.