Sentence examples for settlement trust from inspiring English sources

Ownership was transferred to the Asbestos Settlement Trust in 1997.

The seller yesterday was the Manville Personal Injury Settlement Trust, an independent trust set up to pay asbestos victims that itself became the majority owner of the company when Manville reorganized in 1988.

An article in Business Day yesterday about a decision by the Manville Personal Injury Settlement Trust to bar nine doctors from providing medical reports as a basis for payments to asbestos claimants misidentified one of the nine.

The plan gave details on the plaintiff's trial strategy in a case in which the Manville Personal Injury Settlement Trust, which had paid out billions of dollars in claims by asbestos workers, was now suing the tobacco industry, which it says had contributed to its liability.

[C13.] Asbestos Trust Bars Payments in a Block of Claims The Manville Personal Injury Settlement Trust, one of the oldest and largest trusts set up to compensate victims of asbestos exposure, has barred payments to claimants who rely on reports by nine doctors and three X-ray screening companies.

It finally emerged six years later but the Manville Personal Injury Settlement Trust, established to compensate alleged victims and their lawyers, now owned 80% of the company's stock.

The first device has been approved by the courts: in Re Tuck's Settlement Trusts, Lord Denning allowed the court and trustees to ask the Chief Rabbi about an issue within the (Jewish) testator's will.

It is debatable as to whether the intentions of the testator should be taken into account; in Re Steed's Will Trusts [1960] 1 All ER the courts refused to alter a trust document, partially due to the testator's wishes; in Re Remnant's Settlement Trusts [1970] 2 All ER 554, however, the court took the opposite view.

Despite this, the Court of Appeal noted in Re T's Settlement Trusts [1964] Ch 158 that the court would not permit a compromise agreement where it not only varied the terms of the trust but constituted the creation of an entirely new one.

In this situation, the courts have sometimes agreed to take the chance, as in Re Holt's Settlement; on other occasions, as in Re Cohen's Settlement Trusts [1965] 3 All ER 139, they have found that if the claimant, a member of a class of beneficiaries, applies and cannot benefit (although other members of the class can), the court is obliged to refuse the request.

Parents of severely impaired children also worry about who will care for their childrenafter they're gone, and few have malpractice-settlement trust funds to rely on.