APG Asbestos Trust Fund Claims

APG Asbestos Trust Facts

A.P. Green Bankruptcy and Trust History

The APG Asbestos Trust was established under the confirmed reorganization of Global Industrial Technologies, Inc. and related debtors to process, liquidate and pay valid asbestos personal-injury claims for which APG entities have legal responsibility.

The Bankruptcy Court confirmed the Third Amended Plan of Reorganization, as modified, on February 15, 2013. The Trust opened its Pre-Petition Liquidated Claims review process on December 2, 2013 and began accepting TDP claims on March 6, 2014.

The Trust also recognizes an important historical relationship with the United States Gypsum Asbestos Personal Injury Settlement Trust. The current APG TDP explains that certain pre-January 2, 1968 A.P. Green liabilities can fall within the USG/A.P. Green framework. A prior payment by the USG Trust does not automatically bar an APG Trust claim based on the same exposure or conduct, subject to the APG TDP.

Disease Levels and Scheduled Values

The First Amended and Restated APG TDP contains the following underlying Scheduled Values. The TDP also requires annual CPI-U adjustments and caps the annual inflation adjustment at 2.5% beginning in 2024. Because the official Resources page separately publishes an inflation-adjusted-value notice, the figures below are identified as the TDP values rather than being mislabeled as the latest inflation-adjusted amounts.

The Trust’s official Resources page publishes a separate Notice of Inflation Adjusted Claim Values. To avoid substituting an older cached value for the current inflation-adjusted schedule, this page does not calculate a 2026 claim payment from the $130,000 underlying mesothelioma figure.

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Current 6% Payment Percentage

The official APG Trust website currently states a 6.0% Payment Percentage. Its Resources page lists an official Notice Regarding Payment Percentage Increase dated April 27, 2026.

The prior official notice increased the rate from 4.5% to 5.3% effective September 22, 2023. Under the TDP, the Trustee periodically reconsiders the percentage using current estimates of present and future claims, available assets, administrative expenses and other material factors.

The TDP generally applies the Payment Percentage to a claim’s liquidated value. Expedited Review claims are subject to the percentage in effect when payment is made, together with Maximum Available Payment and Claims Payment Ratio limitations.

Because APG annually adjusts Scheduled Values for inflation, a mathematically accurate current payment illustration requires the current inflation-adjusted Scheduled Value as well as the 6.0% Payment Percentage. This page does not improperly multiply the older TDP base value and label the result a current payout.

Expedited and Individual Review

Expedited Review provides a less burdensome process for claims that satisfy the presumptive Medical/Exposure Criteria for Disease Levels I-IV, VI and VII. A qualifying claim is liquidated at the applicable Scheduled Value, subject to the current Payment Percentage and other TDP limitations.

Individual Review is available when a claimant does not meet the presumptive criteria but may still have a valid claim in the applicable tort system. Lung Cancer 2, Foreign Claims, Extraordinary Claims and Exigent Hardship Claims require Individual Review.

Individual Review considers claim-specific factors such as age, disability, employment status, special damages, dependencies, pain and suffering, causation evidence and historical values of similarly situated claims in the claimant’s jurisdiction.

Medical and Exposure Requirements

All APG Disease Levels require qualifying medical evidence and a 10-year latency period between first asbestos exposure and diagnosis.

Mesothelioma Level VII requires a qualifying mesothelioma diagnosis and APG Exposure. Lung Cancer 1 requires primary lung cancer, evidence of underlying bilateral asbestos-related nonmalignant disease, six months of APG Exposure before December 31, 1982, Significant Occupational Exposure and medical documentation supporting asbestos exposure as a contributing factor.

Other Cancer and Severe Asbestosis also require six months of pre-December 31, 1982 APG Exposure plus Significant Occupational Exposure. Level I nonmalignant claims require six months of APG Exposure before that date plus five years of cumulative occupational asbestos exposure.

The TDP defines Significant Occupational Exposure as at least five cumulative years in qualifying asbestos work, including at least two years before December 31, 1982.

Claim Filing and 2025–2026 Updates

Claims are submitted with the Trust’s proof-of-claim materials and supporting medical and exposure documentation. The Trust places valid submissions in its FIFO Processing Queue and evaluates them under the applicable review process.

Verus Claims Services, LLC administers APG claims. The Trust’s former MFR filing application announced that beginning around December 8, 2025, APG processes would transition to Verus’s VeruSci platform and that, after migration, APG business would be conducted through that platform.

The official Resources page currently provides the First Amended and Restated TDP, claim filing instructions, TDP Claim Form, Qualified Jobsite List, electronic filing agreement, Indirect Claim Form, inflation-adjusted-value notice and the April 27, 2026 Payment Percentage notice.

Secondary, Extraordinary and Hardship Claims

The APG TDP expressly permits Secondary Exposure Claims. The claimant must establish that the occupationally exposed person would have met the applicable APG exposure requirements, that the claimant’s own contact occurred during the relevant exposure period, and that the secondary exposure caused the claimed disease.

Extraordinary Claims receive specialized Individual Review treatment when the requirements of Section 5.4 are met. Exigent Hardship Claims can receive priority when a qualifying severe-asbestosis or malignancy claimant has immediate financial need causally connected to the asbestos-related disease.

The TDP also establishes a 70% Category A / 30% Category B Claims Payment Ratio for certain unliquidated claims, separating severe asbestosis and malignancies from nonmalignant claims for annual payment-allocation purposes.

Current total assets, cumulative claims paid and lifetime dollars paid are not included because sufficiently current 2025 or 2026 audited figures were not independently confirmed from an accessible official annual financial report during this build.

Confirmed Primary Sources for Trust Facts

No law-firm or lead-generation website was used as factual authority for this page. Primary Trust materials reviewed include:

• Official APG Asbestos Trust website.
• Official APG Resources page, including the April 27, 2026 Payment Percentage notice and inflation-adjusted-value notice.
• Official First Amended and Restated APG Asbestos Trust Distribution Procedures.
• Official Instructions for Filing APG Unliquidated Asbestos Trust Claims.
• Official APG / Verus claims-administration contact information.

Get Help Reviewing an APG Asbestos Trust Claim

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Prior work around A.P. Green refractory or high-temperature materials does not automatically establish APG exposure, Trust eligibility or compensation. Eligibility depends on diagnosis, qualifying APG exposure evidence, medical documentation, current Trust procedures, filing requirements and individual circumstances. Compensation is not guaranteed.