Administrative Hold | A temporary hold placed on a claim by the Trust until a specific issue is resolved. |
Awaiting Quality Assurance | The claim has been reviewed and selected for the Quality Assurance audits. |
Bar Date | The deadline date established by the Bankruptcy Court to file a Proof of Claim, March 15, 1996. |
Claim Closed | The claim is paid and the settlement check has cleared. |
Claim Status by Trust Report
| This report provides the user with a PDF, CSV or Excel file that displays a list of all claims submitted to the trust grouped by claim status. The information provided include the Claim #, Firm File #, Full Name, the last four digits of the SSN and Attorney Name.
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Claimant | Holder of an Asbestos PI claim. |
Claims Under Edit Report
| This report provides the user with a CSV file that displays a list of claims that are currently being edited by the law firm. The information provided includes the Trust, Claim Number, Account User (editing the claim), Account Name, Account Email, Firm Name, Attorney, Edit Date (start date), Linked, Status, Queue and Firm File Number.
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DCP Claim | Defined as Discounted Cash Payment. The DCP election is designed primarily for claimants who easily can be determined by the Trust to have valid Asbestos Personal Injury Claims and who desire to have a fixed and certain payment made expeditiously rather than wait for individualized review. The DCP method allows claimants to elect a single, cash payment that will be paid rapidly and requires a less burdensome application process for pursuing claims. |
Deemed Withdrawn | The claim is deemed to have been withdrawn by the Trust. |
Deferred | An option to file a claim, but to put on hold and not be processed at that time. Deferral serves as a placeholder for the claim in the Trust's review queue. The claimant may later choose any available filing or payment option. |
Deficiency Code | The codes generated to send notices. |
Deficiency Report
| This report provides the user with a PDF, CSV or Excel file that displays a list of standard deficiencies grouped by attorneys. The information provided in the detailed report includes the Claim Number, Firm File #, Last Name, First Name, last four digits of the SSN, Pending Paperwork and Claim Status.
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Deficient Claim | The claim is missing information that is required by the Trust. |
Disallowed | The Trust has determined that a claim cannot be paid and should be removed from further processing. |
Draft | A claim created on the website but not yet submitted. It is saved on the website until it is submitted to the Trust. |
Duplicate Claim | A duplicate is a claim received by the Trust that matches another claim for the same injured party, which already appears in the Celotex database. The Trust can process only one claim per injured party for a single injury. Duplicate claims are placed on administrative hold until the issue is resolved. |
Electronic Filer Agreement | To access Celotex Online, the user registers with the Trust by executing the Electronic Filer Agreement that governs the terms of the user's access. |
Exigent Claim | A claim qualifies as an Exigent Health claim if it proves to be a Mesothelioma and the claimant was alive when the claim was filed. It may also qualify if a physician has diagnosed the claimant as having an asbestos-related illness and a declaration or affidavit is made under penalty of perjury by a physician who has examined or treated the claimant within one hundred twenty (120) days of the date of the declaration or affidavit in which the physician states there is substantial medical certainty that the asbestos-related disease is terminal. |
External Claim Audit | The Trust is governed by the Second Amended and Restated Asbestos Personal Injury Claims Resolution Procedures (the CRP). Section 7.3 of the CRP requires that the Trust perform an external audit of the exposure information and medical proof submitted to the Trust. |
Extreme Hardship Claims | A claim qualifies for Extreme Hardship if it can be determined that the claimant needs exceptional financial assistance on an immediate basis based on the claimants expenses and all sources of available income. |
FIFO | When a claim form is submitted to the Trust, either by mail or through Celotex Online, it is assigned an order for processing called First-In-First-Out, or FIFO. |
Foreign Claim | A claim containing any exposure that occurred outside of the US Territories. |
Group Check Payment Option | The Trust offers law firms the option to receive settlement funds in one monthly aggregate, referred to as group checks. |
Hold | A temporary hold placed on a claim by the Trust until a specific issue is resolved. |
ILO | The acronym stands for International Labor Organization. For the Trust?s purposes, it refers to the system for classifying chest x-rays. The system provides a simple method for evaluating chest x-rays with abnormalities caused by the inhalation of all types of dust, including asbestos. The ILO refers to the severity of fibrosis found by the chest x-ray, with 0/0 being a normal x-ray and 3/4 indicating the most severe interstitial disease (generally, injured persons with ASB have an ILO between 0/1 and 1/2). |
In Quality Assurance | The claim is in the process of being audited for quality assurance. |
Indirect Claim | A claim filed by another entity based on a verdict, judgment or settlement obtained by a claimant who filed or may file a claim with the Trust. The indirect claimant is seeking payment from the Trust by asserting a theory of contribution. |
Injured Person/Party | The individual who was directly injured due to exposure to asbestos. |
Intake Deficient | When a claim is missing basic Intake information, such as a Social Security number or an alleged injury. |
Interstitial | The tissue between the air sacs of the lung. |
IRC Claim | Defined as Individualized Review Claim. The IRC is designed for claimants with serious or fatal asbestos-related injuries whose bodily injury claims (asbestos personal injury claims) require the added effort and expense of individualized evaluation. The individualized review provides a claimant with an individual consideration and evaluation of his or her claim. |
Law Firm Address Change | When a law firm has changed its address, the Trust must be notified in writing. Electronic mail is not acceptable. |
Law Firm Name Change | When a law firm changes its name, the Trust must be notified in writing. Office Managing attorney's signature is required on the law firm's letterhead. Electronic mail is not acceptable. |
Liquidated Value | The value paid at the current payment percentage times the gross settlement value (IRC claim only). |
Lung Cancer | A malignancy that may be related to asbestos exposure. There are three major cell typesadenocarcinoma, squamous cell, and oat cell. Adenocarcinoma is somewhat more prevalent in people exposed to asbestos. Asbestos exposure combined with cigarette smoking greatly increases the risks of lung cancer. |
Maximum Value | The highest value awarded to only those claims with the most serious injuries and severe exposure to Celotex and/or Carey Canada asbestos products (IRC claim only). |
Mesothelioma (Meso) | A malignant tumor of the pleura, the peritoneum, or the pericardium. There may be a long latency period (up to 40 years) between initial asbestos exposure and diagnosis of the disease. There is no known cure and the disease is generally fatal within one to two years of diagnosis. Approximately 90% of mesothelioma cases have had recognized exposure to asbestos. |
Notice of Last Day to File | Document sent to all persons who asserted that they were or may have been exposed to asbestos products and have manifested or may manifest an asbestos related injury. This document notified the claimant to file a Proof of Claim by the Bar Date of March 15, 1996. |
Offer Issued | Status of a claim which means the release was mailed to the claimant for settlement. |
Other Cancers (OCA) | Other cancers associated with asbestos exposure include colorectal cancer, esophageal cancer, laryngeal cancer, pharyngeal cancer, and stomach cancer. |
Paid Amount | The total amount paid on all claim settlements. |
Paid Claim | The claim settlement check is issued. |
Partial Payment Paid | The claim has been issued a partial payment and is pending subsequent payments. |
Past Trial Date | The trial date provided on the claim form has passed without the Trust being notified of the outcome of the trial. |
Payment Authorization | The claim had been issued a payment and is subsequently authorized for additional payment. |
Payment Extract Report
| This report provides the user with a CSV file that displays a list of paid claims for a specific date range and trust. The information provided in the report includes the Trust, Firm Name, Attorney Name, Claim Number, Claimant Name, Payment Date, Principal Amount, Sequence Adjustment Amount and the Firm File Number.
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Payment Percentage | The percentage of full liquidated value that all present and future claims are likely to receive for IRC claims, subject to review and recalculated by the Trustees on an annual basis. |
Peritoneal | The serous membrane that lines the walls of the abdominal cavity and folds inward to enclose the viscera. |
Place in Queue | The field located on the claim summary screen in Celotex Online that displays the number of claims ahead of your claim in the Review or Re-review queue. From this screen click on the Place in Queue field, which will provide the average monthly claims being reviewed. Compare this number with the claim's place in queue to determine approximately when it may be reviewed. |
Place In Queue Report
| This report provides the user with a PDF, CSV or Excel file that displays a list of claims that are in the Review and Re-Review Queues with their respective 'Place In Queue' number. This report which is grouped by status includes the Attorney Name, Claim #, Firm File #, Injury, Process Option, Injured Party, the last four digits of the SSN Place In Queue and Received Date.
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Pre-Petition Settlement | An Asbestos Personal Injury Claim that was liquidated by settlement agreement entered into prior to the Celotex/Carey Canada bankruptcy or by verdict or judgment entered prior to bankruptcy that had become final and non-appealable, or by settlement approved by the Bankruptcy court. |
Pro Se Claimant | An individual who has filed or intends to file an asbestos personal injury claim on his/her own behalf without representation of counsel. |
Proof of Claim (POC) | The document required by the Bankruptcy court for all persons who asserted bodily injury claims. This helped to identify the extent of the bodily Injury claims against Celotex Corporation / Carey Canada Inc. in order to maximize the funds available for legitimate claims. The POC was required to be received by the Bankruptcy Court on or before March 15, 1996. |
Ready to Re-Review | The claim is pending re-review based on the Trust's First-In-First-Out(FIFO)order. |
Ready to Review | The claim is pending review. |
Release Deficient | The returned release is missing basic information, such as required signatures, and a letter is sent to the claimant advising of the deficiency. |
Release Verified | The returned release has been verified and processed for payment. |
Research | The claim is on hold for administrative research. |
Review | The claim is in the review process. |
Review Complete | The claim has been review completed and approved. |
Review Deficient | When a claim is missing information that is required by the Trust to confirm it either medically or for exposure, such as an unacceptable diagnosis or no occupation listed. |
Scheduled Value | The values established during bankruptcy proceedings for each disease category with similar injuries and exposure. These values reflect the average tort litigation values and the amounts paid historically by Celotex and Carey Canada as compensatory damages (IRC claim only). |
Statute of Limitations | The deadline for filing a claim with the Trust based on the TDP, as well as the claimant's applicable jurisdiction. |
Upgrade | When the claimant wishes to change the claim type from a DCP to an IRC. |
Withdrawn | If the claimant concludes that there are no supporting documents to substantiate the claim, the claimant has the option to withdraw the claim. Written notification from the claimant is required requesting withdrawal. |