APG Asbestos Trust Payment Percentage Increase Announced
The Trustee of the APG Asbestos Trust notified all claimants and claimants’ counsel that the payment percentage will increase from 5.3% to 6.0% effective April 13, 2026. The Trust was established to handle claims from products associated with A.P. Green Industries.
Section 4.2 of the Trust Distribution Procedures allows the Trustee to adjust the payment percentage to reflect updated projections about claims, available assets, and future costs to ensure fair compensation across all claimants.
Claimants who were previously paid at a lower percentage may receive supplemental payments equal to the difference between what was already paid and what would have been paid under the new, higher percentage, provided the additional amount is at least $100.
A.P. Green Industries manufactured asbestos-containing refractory products such as cement products, firebrick, and adhesives, which exposed workers to asbestos and increased the risk of developing mesothelioma.
If you or your loved ones have any questions about these changes, contact us today.
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Request a free case evaluation now if you or someone you love has been diagnosed with mesothelioma. The evaluation will cost you nothing. Our lawyers will travel to visit you at your convenience or conference call with you over the phone. We understand how difficult a time this is for you and will assist in any way that we can. You can also call us toll-free at 800-336-0086 at any time.
Attorney Early concentrates his work in asbestos bankruptcy matters. He oversees the bankruptcy department, makes bankruptcy court appearances, and addresses other bankruptcy-related issues. Attorney Early is a licensed attorney in New York, Connecticut, the Southern District of New York, and the Eastern District of New York.
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