T H Agriculture & Nutrition, L.L.C. Asbestos Trust Claims
The formal trust is the T H Agriculture & Nutrition, L.L.C. Asbestos Personal Injury Trust, commonly called the THAN Trust. It was created in 2009 following confirmation of the company’s Chapter 11 reorganization plan to process, liquidate and pay valid present and future asbestos personal-injury claims. The latest official payment notice located sets the Payment Percentage at 15%, and the Trust’s 2024 Annual Report confirms that the rate remained 15% throughout 2024.
T H Agriculture & Nutrition Trust Facts
| Formal trust name | T H Agriculture & Nutrition, L.L.C. Asbestos Personal Injury Trust |
|---|---|
| Debtor | T H Agriculture & Nutrition, L.L.C. |
| Chapter 11 filing date | November 24, 2008 |
| Plan confirmation | May 28, 2009 |
| Plan effective / Trust created | November 30, 2009 |
| Initial funding | $900 million in assets at creation; historical funding, not current assets |
| Current claims administrator | Verus Claims Services, LLC |
| Current published Payment Percentage | 15% |
| Latest official percentage notice located | April 22, 2020 |
| 2024 annual report status | Payment Percentage stayed at 15% during 2024 |
| 2024 total assets | $234,764,603 |
| 2024 net claimants’ equity | $233,635,441 |
| Current status | Active |
THAN Bankruptcy and Trust History
T H Agriculture & Nutrition, L.L.C. filed Chapter 11 on November 24, 2008 in the U.S. Bankruptcy Court for the Southern District of New York under Case No. 08-14692.
The Bankruptcy Court confirmed the First Amended Prepackaged Plan of Reorganization on May 28, 2009. The Plan became effective on November 30, 2009, when the THAN Asbestos Personal Injury Trust was created and funded with $900 million.
That $900 million figure describes the Trust’s historical initial funding. It should not be presented as the Trust’s current assets. The latest audited figures available from the Trust’s 2024 Annual Report show substantially different current financial amounts.
David F. Levi was identified in the 2024 Annual Report as the sole Trustee. Verus Claims Services, LLC serves as the Trust’s asbestos claims processing facility and claims administrator.
THAN Disease Values
The official filing instructions publish the following Scheduled Values for Expedited Review:
| Disease Level | Scheduled Value |
|---|---|
| VIII — Mesothelioma | $150,000 |
| VII — Lung Cancer 1 | $65,000 |
| VI — Lung Cancer 2 | No Scheduled Value; Individual Review required |
| V — Other Cancer | $30,000 |
| IV — Severe Asbestosis | $60,000 |
| III — Asbestosis/Pleural Disease | $8,000 |
| II — Asbestosis/Pleural Disease | $3,800 |
| I — Other Asbestos Disease | $500 Cash Discount Payment |
Seven disease levels have Scheduled Values for Expedited Review. Lung Cancer 2 Level VI does not have a Scheduled Value and must be submitted for Individual Review.
Need help now? Call 800.291.0963
Live chat available 24/7, 365 days a year.
Submit Your Case
Current 15% Payment Percentage
The latest payment-percentage notice displayed in the Trust’s official notice archive is dated April 22, 2020. It states that the Trustees, with the consent of the Trust Advisory Committee and Future Claimants’ Representative, set the Payment Percentage at 15%.
The Trust’s 2024 Annual Report confirms that no Payment Percentage study was undertaken in 2024 and the Payment Percentage stayed at 15%. The report stated that the Trustee, TAC and FCR had agreed to begin a new Payment Percentage study in the third quarter of 2025.
No later official percentage notice was located on the Trust’s current notice page during this build. For that reason, 15% is presented as the latest official published rate located, rather than claiming that no later internal review could ever occur.
Except for Disease Level I Cash Discount Payment claims, the filing instructions state that allowed claims are generally paid by multiplying the liquidated value by the applicable Payment Percentage.
Medical and Exposure Requirements
The Trust requires a complete claim form, supporting medical documentation and proof of qualifying THAN exposure.
For Mesothelioma Level VIII, the official filing instructions require a mesothelioma diagnosis and qualifying THAN Exposure under the TDP.
For Lung Cancer 1 Level VII, the presumptive Expedited Review criteria include a primary lung cancer diagnosis, evidence of an underlying bilateral asbestos-related nonmalignant disease, six months of THAN Exposure before December 31, 1986, Significant Occupational Exposure to asbestos, and medical documentation supporting asbestos exposure as a contributing factor.
Other Cancer, Severe Asbestosis and several nonmalignant levels have their own disease-specific requirements. The filing instructions also generally require a 10-year latency period between first asbestos exposure and diagnosis.
For Expedited Review, qualifying exposure requirements generally use THAN Exposure before December 31, 1986, with additional duration or occupational-exposure requirements depending on the disease level.
Claim Filing and Review
Claims may be filed by hard copy or through the Trust’s electronic filing system. The current authorized filing instructions identify Verus Claims Services, LLC as the claims administrator.
Claimants may generally elect Expedited Review or Individual Review. Lung Cancer 2, Foreign Claims, Secondary Exposure Claims and Extraordinary Claims require Individual Review. Exigent Health and Exigent Hardship procedures are also available when the TDP criteria are satisfied.
Incomplete submissions are not placed into the FIFO Processing Queue until the Trust determines that the claim is sufficiently complete to be reviewed. Claims also must comply with applicable statutes of limitations and repose under the TDP.
After a claim is liquidated, the claimant must execute the required release before payment. The Trust then applies the governing payment rules and Payment Percentage.
Trust Assets, Claims and Payments
The 2024 Annual Report and audited financial statements provide current primary-source statistics:
- Total assets at December 31, 2024: $234,764,603.
- Total liabilities: $1,129,162.
- Net claimants’ equity: $233,635,441.
- Asbestos PI claims submitted from inception through 2024: 307,097.
- Claims submitted during 2024: 6,519.
- Mesothelioma claims submitted during 2024: 1,118.
- Asbestos PI claims paid during 2024: 873.
- 2024 Asbestos PI payments after application of the Payment Percentage: $12,634,658.10.
The report separately states that, from inception through December 31, 2024, the Trust had paid $393,275,330 on Qualified Asbestos PI Claims under TDP section 5.2 and $432,421,924 on Asbestos PI Claims liquidated under TDP section 5.3. These are separate reporting categories and should not be added together as if they were one cumulative payment total.
Mathematical Payment Examples
Mathematical illustration only — not a guaranteed payment.
- Mesothelioma Scheduled Value: $150,000 × 15% = approximately $22,500.
- Lung Cancer 1 Scheduled Value: $65,000 × 15% = approximately $9,750.
- Other Cancer Scheduled Value: $30,000 × 15% = approximately $4,500.
- Severe Asbestosis Scheduled Value: $60,000 × 15% = approximately $9,000.
These examples use the official Scheduled Values and latest published 15% Payment Percentage. Actual payments depend on whether a claim is allowed, the review method, liquidated value, applicable TDP provisions, current payment rules and individual claim facts.
Disease Level I is treated differently: the filing instructions identify a $500 Cash Discount Payment and state that Disease Level I claims are excepted from the general Payment Percentage rule.
Confirmed Primary Sources for Trust Facts
No law-firm or lead-generation website was used as factual authority for this page. Primary sources reviewed include:
- Official T H Agriculture & Nutrition Asbestos Personal Injury Trust website.
- Official THAN Trust resource center containing the TDP, filing instructions, claim form and amendments.
- Official Instructions for Filing Claims, including disease values, review procedures, medical/exposure criteria and payment rules.
- Official April 22, 2020 Payment Percentage notice establishing the 15% rate.
- Official THAN Trust notice archive.
- 2024 Annual Report and audited financial statements filed with the U.S. Bankruptcy Court on April 29, 2025.
Related Asbestos Trust Fund Resources
Asbestos Trust Fund Information
THAN Filing and Eligibility
Payments and Financial Information
Frequently Asked Questions About the T H Agriculture & Nutrition Asbestos Trust
What is the formal THAN asbestos trust name?
The formal name is the T H Agriculture & Nutrition, L.L.C. Asbestos Personal Injury Trust.
When was the THAN Trust created?
The Trust was created on November 30, 2009, the effective date of the confirmed Chapter 11 plan.
What is the current published THAN Payment Percentage?
The latest official published percentage located is 15%. The Trust’s 2024 Annual Report confirms that the percentage stayed at 15% during 2024.
What is the THAN Mesothelioma Scheduled Value?
The official filing instructions list a $150,000 Scheduled Value for Mesothelioma Level VIII.
What does 15% of the Mesothelioma Scheduled Value equal?
$150,000 multiplied by 15% equals approximately $22,500. This is a mathematical illustration only — not a guaranteed payment.
What is the THAN Lung Cancer 1 Scheduled Value?
The official Scheduled Value is $65,000 for Lung Cancer 1 Level VII.
Does Lung Cancer 2 have a Scheduled Value?
No. Lung Cancer 2 Level VI must be submitted for Individual Review.
Who administers THAN asbestos claims?
Verus Claims Services, LLC is identified by the Trust as its asbestos claims processing facility and claims administrator.
Get Help Reviewing a T H Agriculture & Nutrition Asbestos Claim
Call 800.291.0963
Live chat is available 24/7, 365 days a year.
Working with or around products or operations associated with T H Agriculture & Nutrition does not automatically establish asbestos exposure, Trust eligibility or compensation. Eligibility depends on diagnosis, qualifying THAN exposure evidence, the applicable disease criteria, filing requirements, review method and individual circumstances. Compensation is not guaranteed.
⚕️ Legal & Medical Information Disclaimer
This page provides general educational information and is not medical or legal advice. The information does not establish asbestos exposure, diagnosis, causation, liability, claim eligibility or compensation. Medical concerns should be discussed with a qualified healthcare professional, and legal questions should be reviewed with a qualified attorney.