Johns Manville Trust - Revision history

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	* [[Statute of Limitations Guide]]		* [[Statute of Limitations Guide]]
	* [[Evidence Preservation Guide]]		* [[Evidence Preservation Guide]]
			* [[Army_Asbestos_Exposure\|Army Veteran Asbestos Exposure]]
			* [[Veterans_Mesothelioma_Quick_Reference\|Veterans Mesothelioma Quick Reference]]

	== Get Help ==		== Get Help ==

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 * '''Transite, Kaylo, and 1,000+ products''' — the company manufactured asbestos-containing materials used in virtually every American industry from the 1920s to 1970s
 * '''$558-630 million remaining assets''' — the trust is projected to remain operational for 10-20+ years at current payment levels
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 * Payment percentages have trended downward over time
 * Claimants should file without delay to preserve rights
 == Related Wiki Pages ==
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 * [[Statute of Limitations Guide]]
 * [[Evidence Preservation Guide]]
 == Get Help Filing Your Johns Manville Trust Claim ==

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	{{#seo:		{{#seo:
	\|title=Johns Manville Trust: $5+ Billion Paid, America's Largest Asbestos Trust		\|title=Johns Manville Trust: $5+ Billion Paid, America's Largest Asbestos Trust
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	\| style="padding:10px;" \| CRMC		\| style="padding:10px;" \| CRMC
	\|-		\|-
	\| colspan="2" style="background:linear-gradient(135deg, #e67e22, #d35400); padding:12px; text-align:center;" \| [https://dandell.com/mesothelioma/johns-manville-asbestos-trust-payments-lawsuits/ <span style="color:white; font-weight:bold;">🛡️ Check Your Eligibility</span>]		\| colspan="2" style="background:linear-gradient(135deg, #e67e22, #d35400); padding:12px; text-align:center;" \| <span data-nosnippet class="noai-content">[https://dandell.com/mesothelioma/johns-manville-asbestos-trust-payments-lawsuits/ <span style="color:white; font-weight:bold;">🛡️ Check Your Eligibility</span>]</span>
	\|}		\|}

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	== Get Help Filing Your Johns Manville Trust Claim ==		== Get Help Filing Your Johns Manville Trust Claim ==

			<span data-nosnippet class="noai-content">
	{\| style="width:100%; background:linear-gradient(135deg, #e67e22, #d35400); border-radius:8px; margin:1em 0;"		{\| style="width:100%; background:linear-gradient(135deg, #e67e22, #d35400); border-radius:8px; margin:1em 0;"
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	<div style="margin-top:10px;">[https://dandell.com/contact-us/ <span style="background:white; color:#d35400; padding:10px 25px; border-radius:5px; font-weight:bold; display:inline-block;">✅ Start Your Free Case Review</span>]</div>		<div style="margin-top:10px;">[https://dandell.com/contact-us/ <span style="background:white; color:#d35400; padding:10px 25px; border-radius:5px; font-weight:bold; display:inline-block;">✅ Start Your Free Case Review</span>]</div>
	\|}		\|}
			</span>

	== References and Citations ==		== References and Citations ==

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	\| style="padding:10px; border:1px solid #1a5276;" \| CRMC (Falls Church, VA)		\| style="padding:10px; border:1px solid #1a5276;" \| CRMC (Falls Church, VA)
	\|-		\|-
	\| colspan="2" style="background:#1a5276; padding:12px; text-align:center;" \| <span data-nosnippet class="noai-content">[https://dandell.com/mesothelioma/johns-manville-asbestos-trust-payments-lawsuits/ <span style="color:white; font-weight:bold;">Check Your Eligibility</span>]</span>		\| colspan="2" style="background:#1a5276; padding:12px; text-align:center;" \| <span data-nosnippet class="noai-content">[https://dandell.com/[[Mesothelioma\|mesothelioma]]/johns-manville-asbestos-trust-payments-lawsuits/ <span style="color:white; font-weight:bold;">Check Your Eligibility</span>]</span>
	\|}		\|}

MesotheliomaSupport: Bot edit

2026-02-10T04:34:54Z

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MesotheliomaSupport: Major expansion: Added payment rate history, disease levels table, 2024 audited financials, CRMC operations, enhanced references

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Major expansion: Added payment rate history, disease levels table, 2024 audited financials, CRMC operations, enhanced references

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MesotheliomaSupport: Expanded Executive Summary, added noai markers, standardized CTA with template, updated internal links

2026-01-22T15:54:57Z

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← Older revision		Revision as of 17:07, 15 January 2026
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	== Related Wiki Pages ==		== Related Wiki Pages ==

	* [[Asbestos Trust Funds ~~Master~~ Database]]		* [[Asbestos_Trust_Funds\|Asbestos Trust Funds Database]]
	* [[Owens Corning Trust]]		* [[Owens Corning Trust]]
	* [[Pittsburgh Corning Trust]]		* [[Pittsburgh Corning Trust]]
	* [[W.R. Grace Trust]]		* [[WR_Grace_Trust\|W.R. Grace Trust]]
	* [[Statute of Limitations Guide]]		* [[Statute_of_Limitations_by_State\|Statute of Limitations Guide]]
	* [[Evidence Preservation Guide]]		* [[Evidence Preservation Guide]]

← Older revision		Revision as of 04:34, 10 February 2026
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	== Executive Summary ==		== Executive Summary ==

	The Johns Manville Trust is the oldest and largest asbestos bankruptcy trust in the United States, having processed nearly one million claims and distributed over $5 billion in compensation since its establishment in 1988. Originally funded with $2.5 billion, the trust currently maintains $619.9 million in assets and pays 5.1% of scheduled claim values since its February 2021 adjustment. Johns Manville Corporation, founded in 1858 and once the world's largest asbestos manufacturer, filed for bankruptcy protection on August 26, 1982, in a landmark case that created the legal framework for all subsequent [[Asbestos Trust Funds\|asbestos trusts]]. Mesothelioma victims exposed to Johns Manville's signature Transite products, Kaylo insulation, or any of the company's thousands of asbestos-containing materials can file claims with this trust while simultaneously pursuing additional compensation through lawsuits and other trust funds.		The Johns Manville Trust is the oldest and largest asbestos bankruptcy trust in the United States, having processed nearly one million claims and distributed over $5 billion in compensation since its establishment in 1988.<ref name="dandell-jm" /> Originally funded with $2.5 billion, the trust currently maintains $619.9 million in assets and pays 5.1% of scheduled claim values since its February 2021 adjustment.<ref name="tdp-framework" /> Johns Manville Corporation, founded in 1858 and once the world's largest asbestos manufacturer, filed for bankruptcy protection on August 26, 1982, in a landmark case that created the legal framework for all subsequent [[Asbestos Trust Funds\|asbestos trusts]].<ref name="dandell-bankruptcy" /> Mesothelioma victims exposed to Johns Manville's signature Transite products, Kaylo insulation, or any of the company's thousands of asbestos-containing materials can file claims with this trust while simultaneously pursuing additional compensation through lawsuits and other trust funds.

	Johns Manville's dominance in the American asbestos market means the company's products appeared in virtually every industrial, commercial, and residential construction project from the 1920s through the 1970s. The company manufactured over 2,000 asbestos-containing products including pipe insulation, building materials, brake linings, roofing shingles, cement pipes, and industrial textiles. [[Insulation Workers]], [[Boilermakers]], [[Plumbers and Pipefitters]], and [[Construction Workers]] encountered Johns Manville materials daily on jobsites across America. Naval personnel working at facilities like [[Norfolk Naval Shipyard]], [[Portsmouth Naval Shipyard]], and [[Brooklyn Navy Yard]] were exposed to Kaylo insulation and other JM products installed throughout ships during World War II and the Cold War era.		Johns Manville's dominance in the American asbestos market means the company's products appeared in virtually every industrial, commercial, and residential construction project from the 1920s through the 1970s. The company manufactured over 2,000 asbestos-containing products including pipe insulation, building materials, brake linings, roofing shingles, cement pipes, and industrial textiles.<ref name="mlc-jm" /> [[Insulation Workers]], [[Boilermakers]], [[Plumbers and Pipefitters]], and [[Construction Workers]] encountered Johns Manville materials daily on jobsites across America. Naval personnel working at facilities like [[Norfolk Naval Shipyard]], [[Portsmouth Naval Shipyard]], and [[Brooklyn Navy Yard]] were exposed to Kaylo insulation and other JM products installed throughout ships during World War II and the Cold War era.

	The Johns Manville bankruptcy case established the Section 524(g) trust framework that all subsequent asbestos bankruptcies would follow. This legal structure allows companies to reorganize while setting aside dedicated funds for current and future asbestos victims. The Johns Manville Trust continues operating under court supervision, with CRMC (Claims Resolution Management Corporation) administering claims and making quarterly payments to approved claimants. While the 5.1% payment percentage ranks among the lowest of major trusts, the $350,000 scheduled value for mesothelioma claims still results in approximately $17,850 per claim—a meaningful component of comprehensive compensation strategies that typically involve claims against multiple trusts.		The Johns Manville bankruptcy case established the Section 524(g) trust framework that all subsequent asbestos bankruptcies would follow. This legal structure allows companies to reorganize while setting aside dedicated funds for current and future asbestos victims. The Johns Manville Trust continues operating under court supervision, with CRMC (Claims Resolution Management Corporation) administering claims and making quarterly payments to approved claimants.<ref name="crmc-operations" /> While the 5.1% payment percentage ranks among the lowest of major trusts, the $350,000 scheduled value for mesothelioma claims still results in approximately $17,850 per claim—a meaningful component of comprehensive compensation strategies that typically involve claims against multiple trusts.

	Because Johns Manville products were so widespread, most mesothelioma victims with occupational asbestos exposure will qualify for this trust regardless of their specific industry or jobsite. The trust maintains detailed product databases and accepts various forms of exposure evidence, including employment records, union documentation, co-worker affidavits, and product identification evidence. [[Veterans Benefits\|Veterans]] should note that Johns Manville Trust payments do not reduce VA disability compensation—both can be collected simultaneously under federal law. Experienced [[Choosing a Mesothelioma Attorney\|mesothelioma attorneys]] coordinate Johns Manville claims with filings at other trusts like [[Owens Corning Trust]], [[Pittsburgh Corning Trust]], and [[WR Grace Trust]] to maximize total recovery.		Because Johns Manville products were so widespread, most mesothelioma victims with occupational asbestos exposure will qualify for this trust regardless of their specific industry or jobsite.<ref name="mesothelioma-net-trusts" /> The trust maintains detailed product databases and accepts various forms of exposure evidence, including employment records, union documentation, co-worker affidavits, and product identification evidence. [[Veterans Benefits\|Veterans]] should note that Johns Manville Trust payments do not reduce VA disability compensation—both can be collected simultaneously under federal law. Experienced [[Choosing a Mesothelioma Attorney\|mesothelioma attorneys]] coordinate Johns Manville claims with filings at other trusts like [[Owens Corning Trust]], [[Pittsburgh Corning Trust]], and [[WR Grace Trust]] to maximize total recovery.<ref name="mesotheliomaattorney-trusts" />

	=== Why This Matters ===		=== Why This Matters ===
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	== What Is the Current Financial Health of the Johns Manville Trust? ==		== What Is the Current Financial Health of the Johns Manville Trust? ==

	The Johns Manville Trust maintains robust financial health, with total assets of $619.9 million as of December 31, 2024, according to audited financial statements filed with the U.S. Bankruptcy Court, Southern District of New York. Understanding the trust's financial position provides important context for the sustainability of claim payments and the likelihood of future rate adjustments.		The Johns Manville Trust maintains robust financial health, with total assets of $619.9 million as of December 31, 2024, according to audited financial statements filed with the U.S. Bankruptcy Court, Southern District of New York.<ref name="jm-financials-2024" /> Understanding the trust's financial position provides important context for the sustainability of claim payments and the likelihood of future rate adjustments.

	=== 2024 Audited Financial Position ===		=== 2024 Audited Financial Position ===
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	* Total claims liquidated: 1,013,971		* Total claims liquidated: 1,013,971
	* Total amount distributed: Approximately $5.26 billion (pro rata adjusted, from Nov 28, 1988 through Dec 31, 2024)		* Total amount distributed: Approximately $5.26 billion (pro rata adjusted, from Nov 28, 1988 through Dec 31, 2024)<ref name="jm-financials-2024" />
	* Average payout per claim: Approximately $5,186		* Average payout per claim: Approximately $5,186

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	=== CRMC Background and Operations ===		=== CRMC Background and Operations ===

	CRMC began operations on January 1, 1999, initially located in Fairfax, Virginia, and subsequently relocated to Falls Church, Virginia, where it maintains its current office (current office lease expires September 30, 2028). As a specialized claims administrator, CRMC operates under the Trust Distribution Process (TDP) guidelines established by the Johns Manville Trust and approved by the bankruptcy court.		CRMC began operations on January 1, 1999, initially located in Fairfax, Virginia, and subsequently relocated to Falls Church, Virginia, where it maintains its current office (current office lease expires September 30, 2028).<ref name="crmc-operations" /> As a specialized claims administrator, CRMC operates under the Trust Distribution Process (TDP) guidelines established by the Johns Manville Trust and approved by the bankruptcy court.

	Beyond administering Johns Manville Trust claims, CRMC also provides administrative services to other asbestos trusts, with revenue from third-party trust administration credited against CRMC's operating expenses, reducing costs to Johns Manville claimants.		Beyond administering Johns Manville Trust claims, CRMC also provides administrative services to other asbestos trusts, with revenue from third-party trust administration credited against CRMC's operating expenses, reducing costs to Johns Manville claimants.
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	== How Do You File a Claim with the Johns Manville Trust? ==		== How Do You File a Claim with the Johns Manville Trust? ==

	The Johns Manville Trust offers two claim review options:		The Johns Manville Trust offers two claim review options:<ref name="dandell-trust-guide" />

	=== Expedited Review (Faster, Fixed Amount) ===		=== Expedited Review (Faster, Fixed Amount) ===
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	== References and Citations ==		== References and Citations ==
			<references>
	<ref name="dandell-jm">https://dandell.com/mesothelioma/johns-manville-asbestos-trust-payments-lawsuits/ Johns-Manville Asbestos Trust Payments & Lawsuits — Danziger & De Llano</ref>		<ref name="dandell-jm">https://dandell.com/mesothelioma/johns-manville-asbestos-trust-payments-lawsuits/ Johns-Manville Asbestos Trust Payments & Lawsuits — Danziger & De Llano</ref>

	<ref name="dandell-trust-guide">https://dandell.com/mesothelioma/mesothelioma-asbestos-trust-fund-payouts/ Asbestos Trust Fund Payouts Guide — Danziger & De Llano</ref>		<ref name="dandell-trust-guide">https://dandell.com/mesothelioma/mesothelioma-asbestos-trust-fund-payouts/ Asbestos Trust Fund Payouts Guide — Danziger & De Llano</ref>

	<ref name="dandell-bankruptcy">https://dandell.com/asbestos-trust-funds/asbestos-bankruptcy-trust-fund-guide/ Asbestos Bankruptcy Trust Fund Guide — Danziger & De Llano</ref>		<ref name="dandell-bankruptcy">https://dandell.com/asbestos-trust-funds/asbestos-bankruptcy-trust-fund-guide/ Asbestos Bankruptcy Trust Fund Guide — Danziger & De Llano</ref>

	<ref name="mlc-jm">https://www.mesotheliomalawyercenter.org/asbestos/manufacturers/johns-manville/ Johns Manville: Asbestos Use, Lawsuit and Trust Fund — Mesothelioma Lawyer Center</ref>		<ref name="mlc-jm">https://www.mesotheliomalawyercenter.org/asbestos/manufacturers/johns-manville/ Johns Manville: Asbestos Use, Lawsuit and Trust Fund — Mesothelioma Lawyer Center</ref>

	<ref name="mesothelioma-net-trusts">https://mesothelioma.net/mesothelioma-asbestos-trust-funds/ Mesothelioma Trust Funds Overview — Mesothelioma.net</ref>		<ref name="mesothelioma-net-trusts">https://mesothelioma.net/mesothelioma-asbestos-trust-funds/ Mesothelioma Trust Funds Overview — Mesothelioma.net</ref>

	<ref name="mesotheliomaattorney-trusts">https://mesotheliomaattorney.com/mesothelioma/trust-funds/ Mesothelioma Trust Funds: Compensation Without Lawsuit — MesotheliomaAttorney.com</ref>		<ref name="mesotheliomaattorney-trusts">https://mesotheliomaattorney.com/mesothelioma/trust-funds/ Mesothelioma Trust Funds: Compensation Without Lawsuit — MesotheliomaAttorney.com</ref>

	<ref name="jm-financials-2024">Manville Personal Injury Settlement Trust Audited Financial Statements, Doc 4462, Filed 02/27/25, U.S. Bankruptcy Court, Southern District of New York, Case 82 B 11656</ref>		<ref name="jm-financials-2024">Manville Personal Injury Settlement Trust Audited Financial Statements, Doc 4462, Filed 02/27/25, U.S. Bankruptcy Court, Southern District of New York, Case 82 B 11656</ref>

	<ref name="crmc-operations">CRMC Claims Administration Documentation and FAQs — www.claimsres.com</ref>		<ref name="crmc-operations">CRMC Claims Administration Documentation and FAQs — www.claimsres.com</ref>

	<ref name="tdp-framework">Johns Manville Trust Distribution Process (TDP) Official Guidelines and Amendment History (effective through February 2021)</ref>		<ref name="tdp-framework">Johns Manville Trust Distribution Process (TDP) Official Guidelines and Amendment History (effective through February 2021)</ref>
			</references>

	This article draws from trust fund documentation, court records, Securities and Exchange Commission filings, audited financial statements filed with the U.S. Bankruptcy Court, GAO reports on asbestos compensation, RAND Corporation studies on asbestos bankruptcy trusts, and original research on Johns Manville corporate history. Payment percentages and asset levels current as of February 2026.		This article draws from trust fund documentation, court records, Securities and Exchange Commission filings, audited financial statements filed with the U.S. Bankruptcy Court, GAO reports on asbestos compensation, RAND Corporation studies on asbestos bankruptcy trusts, and original research on Johns Manville corporate history. Payment percentages and asset levels current as of February 2026.

← Older revision		Revision as of 14:29, 29 January 2026
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	}}		}}
	__NOTOC__		__NOTOC__
	{\| class="infobox" style="width:280px; float:right; margin:0 0 1em 1em; border:2px solid #1a5276~~; background:#ffffff~~; border-radius:8px; overflow:hidden;"		{\| class="infobox" style="width:280px; float:right; margin:0 0 1em 1em; border:2px solid #1a5276; border-radius:8px; overflow:hidden;"
	\|-		\|-
	! colspan="2" style="background:#1a5276; color:white; padding:12px; font-size:1.1em; text-align:center;" \| Johns Manville Trust Quick Facts		! colspan="2" style="background:#1a5276; color:white; padding:12px; font-size:1.1em; text-align:center;" \| Johns Manville Trust Quick Facts
	\|-		\|-
	\| colspan="2" style="~~background:#e8f4f8;~~ padding:10px; text-align:center; font-style:italic;" \| America's oldest and largest asbestos trust fund		\| colspan="2" style="padding:10px; text-align:center; font-style:italic;" \| America's oldest and largest asbestos trust fund
	\|-		\|-
	\| style="padding:10px; font-weight:bold; width:40%~~; background:#f8f9fa~~; border-bottom:1px solid #dee2e6;" \| Payment Rate		\| style="padding:10px; font-weight:bold; width:40%; border-bottom:1px solid #dee2e6;" \| Payment Rate
	\| style="padding:10px; border-bottom:1px solid #dee2e6;" \| '''5.1%''' (March 2025)		\| style="padding:10px; border-bottom:1px solid #dee2e6;" \| '''5.1%''' (March 2025)
	\|-		\|-
	\| style="padding:10px; font-weight:bold~~; background:#f8f9fa~~; border-bottom:1px solid #dee2e6;" \| Meso Scheduled Value		\| style="padding:10px; font-weight:bold; border-bottom:1px solid #dee2e6;" \| Meso Scheduled Value
	\| style="padding:10px; border-bottom:1px solid #dee2e6;" \| '''$350,000'''		\| style="padding:10px; border-bottom:1px solid #dee2e6;" \| '''$350,000'''
	\|-		\|-
	\| style="padding:10px; font-weight:bold~~; background:#f8f9fa~~; border-bottom:1px solid #dee2e6;" \| Actual Meso Payout		\| style="padding:10px; font-weight:bold; border-bottom:1px solid #dee2e6;" \| Actual Meso Payout
	\| style="padding:10px; border-bottom:1px solid #dee2e6;" \| '''~$17,850'''		\| style="padding:10px; border-bottom:1px solid #dee2e6;" \| '''~$17,850'''
	\|-		\|-
	\| style="padding:10px; font-weight:bold~~; background:#f8f9fa~~; border-bottom:1px solid #dee2e6;" \| Total Claims Paid		\| style="padding:10px; font-weight:bold; border-bottom:1px solid #dee2e6;" \| Total Claims Paid
	\| style="padding:10px; border-bottom:1px solid #dee2e6;" \| '''~1 Million'''		\| style="padding:10px; border-bottom:1px solid #dee2e6;" \| '''~1 Million'''
	\|-		\|-
	\| style="padding:10px; font-weight:bold~~; background:#f8f9fa~~; border-bottom:1px solid #dee2e6;" \| Total Distributed		\| style="padding:10px; font-weight:bold; border-bottom:1px solid #dee2e6;" \| Total Distributed
	\| style="padding:10px; border-bottom:1px solid #dee2e6;" \| '''$5+ Billion'''		\| style="padding:10px; border-bottom:1px solid #dee2e6;" \| '''$5+ Billion'''
	\|-		\|-
	\| style="padding:10px; font-weight:bold~~; background:#f8f9fa~~;" \| Administrator		\| style="padding:10px; font-weight:bold; " \| Administrator
	\| style="padding:10px;" \| CRMC		\| style="padding:10px;" \| CRMC
	\|-		\|-
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	* Railroad industry		* Railroad industry

	{\| style="width:100%~~; background:#e8f4f8~~; border:1px solid #1a5276; border-left:5px solid #1a5276; border-radius:4px; margin:1em 0; padding:15px;"		{\| style="width:100%; border:1px solid #1a5276; border-left:5px solid #1a5276; border-radius:4px; margin:1em 0; padding:15px;"
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	\| style="padding:10px;" \| "''Growing up in Pasadena near the refineries, we saw Johns Manville products everywhere. These companies knew for decades that their insulation was killing workers, but they kept selling it anyway. Every claim we help file honors the workers who deserved better.''" — '''Larry Gates''', Client Advocate, [https://dandell.com/advocates/ Danziger & De Llano]		\| style="padding:10px;" \| "''Growing up in Pasadena near the refineries, we saw Johns Manville products everywhere. These companies knew for decades that their insulation was killing workers, but they kept selling it anyway. Every claim we help file honors the workers who deserved better.''" — '''Larry Gates''', Client Advocate, [https://dandell.com/advocates/ Danziger & De Llano]
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	* '''Workers' Compensation:''' In most states, trust fund payments don't affect workers' comp eligibility		* '''Workers' Compensation:''' In most states, trust fund payments don't affect workers' comp eligibility

	{\| style="width:100%~~; background:#fff3cd~~; border:1px solid #ffc107; border-left:5px solid #ffc107; border-radius:4px; margin:1em 0;"		{\| style="width:100%; border:1px solid #ffc107; border-left:5px solid #ffc107; border-radius:4px; margin:1em 0;"
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	\| style="padding:15px~~; color:#856404~~;" \| '''⚠️ Coordination Required:''' Some states require disclosure of trust fund payments during lawsuit discovery. Experienced [https://www.mesotheliomalawyercenter.org/mesothelioma/lawyers/ asbestos attorneys] coordinate these filings to maximize total recovery while complying with all legal requirements.		\| style="padding:15px; " \| '''⚠️ Coordination Required:''' Some states require disclosure of trust fund payments during lawsuit discovery. Experienced [https://www.mesotheliomalawyercenter.org/mesothelioma/lawyers/ asbestos attorneys] coordinate these filings to maximize total recovery while complying with all legal requirements.
	\|}		\|}