Annual Report

Posted 04/28/2016
PLEASE TAKE NOTICE that a hearing on the motion to approve Thorpe Insulation Settlement Trust’s Sixth Annual Report and Accounting is scheduled for Wednesday, June 8, 2016 at 2:00 p.m. before United States Bankruptcy Court Judge, the Honorable Sheri Bluebond, at the United States Bankruptcy Court for the Central District of California, Los Angeles Division, located at 255 East Temple Street, 14th Floor, Los Angeles, California 90012 in Courtroom 1475.

Timing of Requests for Consideration at Trustees’ Meetings

Posted 03/04/2016
Any requests for revisions to Trust policies or procedures, physician certification, modifications to an approved list, and/or TDP/Matrix interpretations or questions to be considered during the September 2016 Trustees’ meeting must be received by the Trust on or before Friday, August 5, 2016.

The schedule for requests to be considered at future Trustees’ meetings is as follows:

      Trustees’ Meeting          Deadline for Requests

      November 2016                   Friday, October 7, 2016

      February 2017                     Friday. January 6, 2017

     April 2017                               Friday, March 10, 2017

     September 2017                  Friday, August 11, 2017

     November 2017                  Friday, October 6, 2017

Funds Received Ratio

Posted 03/04/2016
The Trustees, with the consent of the TAC and the Futures Representative, have increased the Funds Received Ratio from 30.5% to 43.6% of the total liquidated claim value. After necessary updates to the claims processing system and payment procedures have been completed, claims will be paid in accordance with this change. All eligible previously paid claims, including pre-petition liquidated claims, should receive the additional amounts due as a result of this Funds Received Ratio increase by the end of May, 2016.