Quick Facts About Pacor Incorporated Trust Fund and Lawsuits
  • wavy circle icon with check mark inside
    Founded:
    1921
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    Years Operated:
    1921 - Present
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    Headquarters:
    Cinnaminson, NJ
  • businessman icon standing next to a globe
    Business:
    Manufactured insulation products
  • icon of a building with a dollar sign on it
    Asbestos Trust:
    Yes
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    Bankruptcy Status:
    Filed on July 1, 1986, reorganized on Nov. 30, 1989

Pacor Incorporated’s Asbestos Trust Fund

Pacor, Inc. manufactured asbestos products including asbestos cloth and pipe insulation. The company also distributed asbestos products Johns Manville manufactured. Pacor filed for Chapter 11 bankruptcy in 1986 because of asbestos litigation related to these products.

Pacor established the Pacor Settlement Trust in 1989 as part of its bankruptcy proceedings. Johns Manville established the Manville Personal Injury Settlement Trust in 1988 with $2.5 billion in initial funding. The Claims Resolution Management Corporation administers both asbestos trust funds, which are interconnected because of the companies’ past business relationship.

Pacor Settlement Trust Updates

  1. The current payment percentage is 5.1%
  2. Mesothelioma has a scheduled payment of $350,000
  3. Lung cancer has a scheduled payment of $95,000
  4. Other cancers have a scheduled payment of $45,000

If you developed mesothelioma from exposure to asbestos products Pacor made or distributed, you may qualify for compensation. A mesothelioma attorney can manage your claim with the CRMC for you.

Legal Help for People Exposed to Pacor Incorporated Asbestos Products

A mesothelioma lawyer will gather all evidence of your exposure history to Pacor products or Manville products the company distributed. They’ll also gather necessary medical records. Because of the complexities of the relationship between the Pacor and Manville trusts, it’s important to work with an experienced asbestos attorney.

Your lawyer can also determine if other asbestos manufacturers may be responsible for your exposure. If this is the case, you may be able to also file with other asbestos trust funds or file a mesothelioma lawsuit against solvent companies.​ Workers’ compensation may also be an option for you.

Our Patient Advocates make the process of finding the right lawyer easier for you and your family. They can match you with a top-rated lawyer with a record of success helping clients with mesothelioma or lung cancer secure compensation. Your Patient Advocate will also offer you support throughout your cancer journey, including securing appointments for you with renowned medical specialists, navigating insurance and VA claims, connecting with support groups and sending free treatment and nutrition resources.

Asbestos Litigation Involving Pacor

When Pacor filed for bankruptcy, there were 4,200 asbestos lawsuits pending against the company. Pacor settled the majority of these claims out of court. The company’s bankruptcy proceedings served as a test for jurisdiction over third-party suits against companies seeking Chapter 11 protection.

In the 1984 case of Higgins v. Pacor Inc., John Higgins Jr. filed a civil action against Pacor Incorporated for work-related asbestos exposure, citing Johns Manville’s role as a distributor of Pacor’s asbestos-containing products. The court found that Higgins’ civil suit wasn’t a proceeding “related to” Johns Manville’s bankruptcy. Therefore, the claim couldn’t be moved to the Manville bankruptcy administration.

Under the “Pacor Test,” a claim is related to an underlying bankruptcy case if “the outcome of the proceeding could conceivably have any effect on the estate being administered in bankruptcy.” The Pacor Test is still used today as a factor in bankruptcy hearings.

Pacor’s History With Asbestos

Pacor Incorporated was founded in 1921 in Philadelphia as the Philadelphia Asbestos Corporation. The company supplied asbestos-containing pads, pipe coverings and insulation products during World War II. Pacor used asbestos fibers in its products because the fibers are durable and naturally resistant to heat and corrosion.

One of its partners was the Johns Manville Company, which manufactured asbestos roofing materials throughout the 20th century. Pacor was a former distributor of Johns Manville’s asbestos-containing products.

Asbestos Products Pacor Made and Distributed

Pacor’s asbestos products were used in a variety of ways throughout the construction and manufacturing industries. Workers who installed, maintained or removed asbestos insulation Pacor made or distributed were at risk of asbestos exposure.

Pacor Made and Pacor Distributed Asbestos Products

  • Asbestos Pipe Insulation
  • Johns Manville’s Asbestos Products
  • Pacor Asbestos Cloth

Asbestos exposure from Pacor insulation has the potential to cause lung cancer, asbestosis and mesothelioma cancer.  There’s no safe amount of asbestos exposure, but the heavier and more prolonged the exposure, the higher the risk of disease.

Pacor’s Asbestos Workers at Risk

Pacor employees who helped manufacture asbestos insulation materials faced some of the highest risk of asbestos exposure. It’s also well documented that Pacor shipped asbestos insulation products to the Philadelphia Naval Shipyard during World War II.

At the time, use of asbestos products was mandatory on Navy ships. The shipyard workers who installed and removed these products were at a high risk for inhaling airborne asbestos fibers.

Higher Risk Jobs

  • Boiler workers
  • Construction workers
  • HVAC workers
  • Industrial workers
  • Insulators
  • Maintenance workers
  • Mechanics
  • Metal workers
  • Oil refinery workers
  • Pipefitters
  • Plumbers
  • Roofers
  • Shipyard workers
  • Tile workers
  • Veterans of the armed forces
  • Welders

Epidemiology and Health published a Swedish asbestos-related cancer risk study. This focused on workers in different fields at risk of occupational expsoure. According to the data, former insulators are more than 10 times more likely to develop mesothelioma than the general population.

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