Mesothelioma Lawsuit Settlement Amounts 2014

Mesothelioma Lawsuit Settlement Amounts 2014

Bankrupt asbestos companies were forced to establish trust funds as a way to ensure that they could compensate fairly the injured workers who would seek compensation in the future. Drugwatch can help you file a trust fund claim.

Beginning in the 1970s, lawsuits against companies that exposed their workers to the toxic mineral asbestos flooded the U.S. court system, and the number of claims grew at a rapid pace.

By 2002, some 730,000 people had filed asbestos-related lawsuits against companies that knowingly exposed their workforce to asbestos. One result was nearly $49 billion in compensation for plaintiffs or family members. Another was that man asbestos-related companies were driven into bankruptcy. As part of bankruptcy, these companies were ordered to set up trust funds.

Someone with mesothelioma - a rare and particularly deadly asbestos-caused cancer - can garner compensation through the legal system via a lawsuit verdict or settlement or through a claim with one of these asbestos trusts. The Patient Advocates at Drugwatch know all about the realities of asbestos exposure and mesothelioma and can help find a qualified mesothelioma lawyer. Regardless, occupational exposure to asbestos is a vital piece of information in these cases.

Once touted as a miracle material for its unmatched natural resistance to heat, fire, chemical and electric damage, asbestos was incorporated into thousands of products spanning a wide range of industries and occupations.

It later came to light that regularly inhaling airborne asbestos fibers, an unfortunate and often unavoidable consequence, can lead to the development of serious respiratory illnesses later in life, including asbestosis, lung cancer and mesothelioma(a rare cancer of the lungs’ protective lining caused exclusively by asbestos exposure).

Here’s How Mesothelioma Compensation Works

There are several ways people with mesothelioma and other asbestos-related illnesses can recover compensation for their pain and suffering. Because every claim is different, the amount of compensation can vary from a small amount to millions of dollars.