The end of 2022 saw a number of changes to the asbestos bankruptcy trusts, including site list updates to half of the trusts that saw changes during this time. As the Asbestos Case Tracker previously reported, the trend of trusts decreasing their percentage payments continued in the fourth quarter of 2022, with three more trusts doing so. Most notably, the Owens-Illinois Asbestos Personal Injury Trust was formed in 2022 as a result of the bankruptcy of Paddock Enterprises, LLC and its wholly owned subsidiaries to …
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