What is an Extraordinary Claim?
In the extraordinary situation in which a claimant can satisfactorily demonstrate that their injury was at least 75% the result of exposure to an asbestos-containing product for which Raytech has legal responsibility, the claimant’s PI Trust claim may be classified as an Extraordinary PI Trust claim. In processing such claims, the PI Trust may require the claimant to authorize release of information from other trusts or organizations established to satisfy personal injury claims based on exposure to asbestos-containing products (hereinafter “asbestos claims resolution organizations”) regarding any claims filed by the claimant with such other trusts or organizations. A claimant who holds an Extraordinary PI Trust Claim may receive up to five times the liquidated value shown on Schedule B of the Trust Distribution Procedures for the relevant Asbestos-Related Disease Category multiplied by the applicable Pro rata Percentage.
