What is the T&N Asbestos Trustee Company?

The T&N UK Asbestos Trust and The EL Trust were set up to provide a mechanism for compensating  Trust Claimants who were exposed to asbestos by companies in the UK Federal-Mogul Group (formerly the T&N Group).  The Trusts are governed by the Trust Distribution Procedures.

The Core Objective of the Trusts is to allow Trust Claimants with established Claims to receive a payment (or payments) from the appropriate Fund or Funds which

1.       reflects the value of their underlying claim;

2.       is fair and proportionate having regard to the interests of other Trust Claimants
          with similar Trust Claims; and

3.       is assessed, calculated and paid in an efficient and cost effective manner.

Both employee and non-employee claims may be submitted to the Trusts.

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