How does a firm/claimant dispute a denied claim or offer? Is there an ADR program?
Yes. A holder of a PI Trust Claim may dispute only (1) the classification of the claim, or the refusal to classify a claim, in one of the Asbestos-Related Disease Categories described on Schedule A, and/or (2) the claim’s eligibility to be classified as (a) an Extraordinary PI Trust Claim as described in Section 5.3. of the Trust Distribution Procedures (b) an Exigent Health Claim as described in Section 5.4(a) Trust Distribution Procedures or (c) an Extreme Hardship Claim as described in Section 5.4(b) Trust Distribution Procedures. No other issues, particularly including the Pro rata Percentage, the liquidated values as set forth on Schedule B, or the resulting distribution amounts offered for each category, shall be subject to dispute. A claimant who disputes the PI Trust’s classification of the claim as described above has three mutually exclusive options. The claimant may (i) request binding arbitration pursuant to alternative dispute resolution procedures to be adopted by the PI
