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Trust Fund Filing Guidance
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=== Evolving Trust System === The trust fund landscape continues evolving as new trusts emerge from ongoing bankruptcies while existing trusts modify procedures and payment structures. Presperse Corporation received approval in August 2025 for a $50 million trust funded by parent company Sumitomo Corporation. Avon Products emerged from Chapter 11 in March 2025 with a $34 million settlement fund for talc-related claims. However, Johnson & Johnson's third attempt to create a Red River Talc trust was rejected on March 31, 2025, despite proposing $8-9 billion over 25 years. CertainTeed (through DBMP LLC) and Georgia-Pacific (through Bestwall LLC) remain in protracted bankruptcy proceedings, with Georgia-Pacific's case extending over 7 years since 2017. Legislative efforts to increase trust fund transparency could affect claiming strategies by requiring earlier disclosure of trust fund intentions during litigation. [https://dandell.com/asbestos-trust-funds/asbestos-trust-funds-vs-settlements/ Professional firms track these developments] and adjust strategies proactively to preserve client recovery options under changing legal frameworks.
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