The DII Industries, LLC asbestos trust fund was established in January of 2005, as part of a Chapter 11 bankruptcy reorganization plan for the company, which previously did business under the name of Dresser Industries.
This particular asbestos trust fund contains approximately $4 billion dollars.
The DII Industries trust fund for asbestos exposure victims who were exposed while working for or with its merged or parent companies, including:
- Harbison-Walker Refractories Company
- Kellogg Brown & Root, Inc.
- Halliburton Company
It was in 1967 when the Harbison-Walker Refractories Company merged with Dresser Industries, which ultimately became DII Industries, LLC. The latter is a subsidiary of the Halliburton Company.
It was in the 1990s when Harbison-Walker Refractories Company employees and others who used their fireproof and heat-resistant products began to file asbestos lawsuits. This ultimately led to a merger between Dresser Industries and Halliburton, with the agreement that Dresser Industries — now DII Industries, LLC — would handle the asbestos-related litigation.
An Austrian company acquired the Harbison-Walker Refractories Company in 1999, but the asbestos exposure lawsuits and settlement claims are still being handled by Dresser Industries/DII Industries, LLC and Halliburton Company.
Notably, in the 1990s, the Harbison-Walker Refractories Company saw more than 200,000 asbestos claims. The company later filed for bankruptcy in 2002, before the business and its parent company were acquired by the Halliburton Company. As part of these bankruptcy proceedings, Dresser Industries and Harbison-Walker Refractories Company agreed to resolve asbestos settlements at a payout rate of “100 cents on the dollar.”
How Did Harbison-Walker Expose People to Asbestos?
Established in 1865 under the name Star Fire Brick Company, the Harbison-Walker Refractories Company is based in Moon Township, Pennsylvania. The company manufactures fireproof bricks and other fireproof industrial materials.
A natural mineral, asbestos is renowned for its heat-resistant and insulating properties, making it a great choice for fireproof bricks, insulation products designed to stand up to high heat and other fireproofing materials, used in many industrial applications.
Asbestos was used in the creation of many of the company’s products, including:
- fire bricks
- asbestos rope
- fireproof refractory cement
These items were primarily used in industrial settings. It’s alleged that many of the employees who helped to manufacture the asbestos fire brick products endured asbestos exposure, as did individuals who installed, handled, maintained and utilized the company’s asbestos-laden products. This includes construction workers and maintenance personnel.
Notably, in 2001, a total of five individuals filed an asbestos lawsuit against the Harbison-Walker Refractories Company, alleging that the company knowingly exposed people to asbestos, despite the fact that the business knew about the dangers. A jury awarded a sum of $40 million in this particular asbestos lawsuit case.
Who’s Eligible for Asbestos Compensation from the Harbison-Walker Refractories Company / DII Industries Trust Fund?
The DII Industries, LLC asbestos trust fund offers settlements on asbestos and mesothelioma claims, filed by the individual who experienced the asbestos exposure or the family members of an individual who has passed away as a result of asbestos exposure.
This particular asbestos and mesothelioma trust fund pays settlements to individuals who have worked with or for DII Industries, LLC (and the former company name, Dresser Industries), along with its affiliate businesses which include Harbison-Walker Refractories Company, Halliburton Company and Kellogg Brown & Root, Inc.
A number of different individuals are eligible to receive an asbestos settlement from this asbestos trust fund, including individuals who worked for the Harbison-Walker Refractories Company, its affiliates and its products, which were sold under brand names such as:
- Metalkase Firebrick
- Chromepak G
- H-W Lightweight Castable #10
Individuals who worked in construction and installed these products may have experienced asbestos exposure. People who maintained equipment and structures where these products were installed may have also been exposed to asbestos. If you have developed asbestos exposure symptoms and it now has lead to a diagnosis of cancer, the time is now to act
In order to be eligible to receive an asbestos settlement from this trust fund, an individual must provide sufficient documentation and evidence of their exposure to one or more of the asbestos-laden products made by the Harbison-Walker Refractories Company.
Settlements are provided to individuals who have suffered ill effects from asbestos exposure, including mesothelioma, pleurisy, lung cancer, asbestosis, pleural thickening, pleural effusion and chronic obstructive pulmonary disease (COPD).
Help for Asbestos Claims to the DII Industries Trust Fund
At Mesowatch, our goal is to provide asbestos exposure victims with the information, resources and legal assistance they need in order to obtain compensation for their asbestos exposure-related health problems and other losses. We understand how frightening and challenging it can be to face the very serious asbestos diseases like mesothelioma, asbestosis and COPD, amongst others.
Their experienced asbestos and mesothelioma lawyers understand the challenges and obstacles that are faced by individuals suffering from the effects of asbestos exposure. Contact the firm’s experienced mesothelioma lawyers and asbestos attorneys to arrange a confidential and free case evaluation.