Celotex Corporation / Carey Canada, Inc. Asbestos Trust
Exploring – Celotex & Carey Canada Bankruptcy & Asbestos Trust Fund Claims
Celotex Corporation and its former subsidiary, Carey Canada, Inc., were significant producers of asbestos-containing insulation and construction materials, including roofing felts, pipe insulation, and thermal protection products. These materials were widely used in commercial, industrial, and residential settings throughout North America. Workers who handled, installed, or removed these products were routinely exposed to harmful airborne asbestos fibers.
Following thousands of lawsuits from mesothelioma victims and other asbestos-related diseases, both companies filed for bankruptcy and now participate in the Celotex Asbestos Settlement Trust, established to provide compensation to eligible claimants.
Why Celotex and Carey Canada Filed for Bankruptcy
Legal pressure from asbestos victims:
Celotex and Carey Canada faced escalating lawsuits from individuals exposed to their asbestos-containing products. These legal claims included both personal injury and wrongful death cases.
Bankruptcy and reorganization:
To manage these liabilities, Celotex filed for Chapter 11 bankruptcy in 1990. Carey Canada was included as an affiliated entity. The resulting trust allows victims to file for compensation outside of traditional litigation.
Celotex Asbestos Settlement Trust Details
| Trust Name | Established | Covers Carey Canada? |
|---|---|---|
| Celotex Asbestos Settlement Trust | 1998 | ✅ Yes |
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Eligible Diagnoses: Mesothelioma, lung cancer, asbestosis, pleural disease
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Review Types: Expedited (fixed payout) or Individual (potentially higher based on evidence)
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Claim Filing: Available for both living victims and family members of deceased workers
🧱 Asbestos Products Linked to Celotex and Carey Canada
| Product | Exposure Context | At-Risk Workers |
|---|---|---|
| Pipe Insulation | Mechanical rooms and steam lines | Plumbers, maintenance workers |
| Roofing Felts | Commercial and industrial roof systems | Roofers, construction workers |
| Loose-Fill Insulation | Attic spaces and wall cavities | Installers, renovation crews |
| Asbestos Cement Board | Wall and ceiling panels | Drywallers, HVAC workers |
| Duct Wrap | HVAC systems and ventilation shafts | HVAC technicians, insulators |
| Spray-on Fireproofing | Structural steel and walls | Painters, laborers, demolition crews |
| Thermal Block Insulation | Boilers and furnaces | Power plant workers, boiler techs |
| Asbestos Adhesives | Roofing and floor tile installations | Tile setters, flooring contractors |
| Cementitious Coatings | Pipes, tanks, and high-temp surfaces | Refinery and chemical plant workers |
| Floor Tiles (Vinyl/Asbestos) | Public buildings and schools | Custodians, building contractors |
| Roof Coatings | Industrial and commercial rooftops | Industrial roofers, maintenance teams |
| Acoustical Panels | Ceilings in offices and schools | Carpenters, acoustical installers |
| Fireproof Pipe Coverings | Steam and hot water systems | Steamfitters, plumbers |
| Millboard Sheeting | Heat shields and paneling | Equipment installers, mill operators |
| Insulating Cement | Piping systems in power facilities | Insulators, mechanical workers |
🏭 Industries Commonly Affected by Celotex & Carey Canada Products
| Industry | Exposure Sites |
|---|---|
| Power Plants | Boilers, pipe insulation, duct systems |
| Construction | Roofing, walls, flooring, structural fireproofing |
| Shipbuilding | Engine rooms, boiler rooms, piping |
| Oil & Gas Refineries | Heat exchangers, piping insulation |
| Military Bases | Barracks, heating units, infrastructure |
| Public Schools | Ceiling tiles, floor tiles, pipe insulation |
| Manufacturing Plants | Insulated machinery, production lines |
| Commercial Roofing Firms | Felts, adhesives, sealing materials |
| Hospitals and Universities | Walls, ventilation ducts, ceiling materials |
| Chemical Plants | Tanks, vessels, pipe coatings |
| Rail Facilities | Shop areas, heating systems |
| Paper Mills | Process equipment and thermal systems |
| Warehouses | Fireproofing and mechanical system insulation |
| Municipal Buildings | Heating and cooling ducts |
| Steel Mills | High-temp furnace linings and wall insulation |
Legal Aftermath of Bankruptcy
Celotex and Carey Canada are no longer subject to direct lawsuits. Instead, claimants must file with the Celotex Asbestos Settlement Trust, which was specifically designed to compensate eligible victims of exposure to these companies’ asbestos products.
📊 Estimated Compensation from Celotex Trust
| Diagnosis | Typical Payout Range |
|---|---|
| Mesothelioma | $80,000 – $130,000 |
| Lung Cancer | $30,000 – $55,000 |
| Asbestosis | $10,000 – $25,000 |
| Pleural Disease | $3,000 – $12,000 |
Actual payout depends on documentation and review method.
📄 Steps to Filing Asbestos Trust Fund Claims
How to File a Claim for Celotex or Carey Canada Exposure
✅ Step 1: Confirm Your Diagnosis
Obtain medical records showing a confirmed asbestos-related disease such as mesothelioma or lung cancer. Common documents include pathology reports, biopsy results, and doctor statements.
🧾 Step 2: Document Work & Exposure History
List all jobs, work sites, and timeframes where Celotex or Carey Canada products were used. Union records, employment files, or coworker affidavits can help confirm your exposure.
📝 Step 3: Submit to Celotex Asbestos Trust
Once documentation is complete, submit your claim to the trust for either expedited or individual review.
⏳ Step 4: Await Decision & Payout
Most claims are resolved in 4–8 months. Payments are made via check or direct deposit upon approval.
❓ Frequently Asked Questions
Can I file if I don’t remember specific product names?
Yes. The trust accepts evidence of exposure based on job sites and trade type, not just product labels.
Can my family file if I’ve passed away?
Yes. The trust accepts wrongful death claims filed by spouses or dependents.
Do I need a lawyer?
While not required, an experienced asbestos attorney improves your chances of receiving full compensation and avoids mistakes.
What are the costs?
There are no upfront costs. Lawyers work on a contingency basis—you only pay if compensation is awarded.
⚖️ How an Experienced Asbestos Lawyer Can Help You with Trust Fund Claims
Navigating an asbestos trust fund claim can be complex. Deadlines, documentation requirements, and proving work-related exposure all play a role in securing compensation. That’s where an experienced mesothelioma lawyer becomes essential. Here’s how they can help:
🔍 Detailed Exposure Investigation
Lawyers have access to employment records, union databases, and asbestos product catalogs to help prove your exposure history—even from decades ago.
📂 Complete and Accurate Claim Filing
An experienced attorney ensures all forms are filled out correctly, reducing the risk of delays or denials from missing or incorrect information.
🧾 Evidence Collection and Documentation
Your legal team will gather medical records, affidavits, witness statements, and employment history to build a strong case.
💼 Maximize Your Compensation
Lawyers understand the value of your claim and can negotiate for full compensation—especially in cases involving multiple trust funds or additional legal action.
🕒 Timely Filing
Attorneys ensure your claims are filed before any legal deadlines (statutes of limitations), protecting your right to compensation.
🤝 Peace of Mind
With no upfront fees and payment only if they win, experienced lawyers let you focus on your health while they focus on your case.
📝 Free Case Review for Celotex Corporation Trust Fund Claims
📞 Call 800.291.0963 or fill out our secure online form
✅ Free consultation
✅ No fees unless we win
✅ We handle all claim filing and documentation