Many bankruptcy trusts expanded their approved jobsite lists in the second quarter of 2023, allowing compensation for more individuals who claim to have an asbestos-related injury. However, as can be seen below, many trusts also have decreased their payment percentages. In fact, only two bankruptcy trusts have increased their payment percentages during the 2nd quarter of 2023, while five bankruptcy trusts decreased their payment percentages.
The cause of the decreased payment percentages is mostly likely due to rising costs of inflation and an increase …
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