In common law legal systems, a trust is a relationship whereby property is held by one party for the benefit of another. A trust is created by a settlor, who transfers some or all of his or her property to a trustee. The trustee holds that property for the trust’s beneficiaries. Trusts have existed since
Category: Asbestos Trust Funds
manufacturers
Manufacturing is the production of merchandise for use or sale using labour and machines, tools, chemical and biological processing, or formulation. The term may refer to a range of human activity, from handicraft to high tech, but is most commonly applied to industrial production, in which raw materials are transformed into finished goods on a
materials
Materials science, also commonly known as materials science and engineering, is an interdisciplinary field which deals with the discovery and design of new materials. Though it is a relatively new scientific field that involves studying materials through the materials paradigm (synthesis, structure, properties and performance), its intellectual origins reach back to the emerging fields of
sue
A lawsuit or (very rarely) “suit in law” is a civil action brought in a court of law in which a plaintiff, a party who claims to have incurred loss as a result of a defendant’s actions, demands a legal or equitable remedy. The defendant is required to respond to the plaintiff’s complaint. If the
claim
In the law, a cause of action is a set of facts sufficient to justify a right to sue to obtain money, property, or the enforcement of a right against another party. The term also refers to the legal theory upon which a plaintiff brings suit (such as breach of contract, battery, or false imprisonment).
compensation
Remuneration is the compensation that one receives in exchange for the work or services performed. Typically, this consists of monetary rewards, also referred to as wage or salary. A number of complementary benefits, however, are increasingly popular remuneration mechanisms. Remuneration is one component of reward management.
damages
In law, damages are an award, typically of money, to be paid to a person as compensation for loss or injury. The rules for damages can and frequently do vary based on the type of claim which is presented (e.g., breach of contract versus a tort claim) and the jurisdiction. At common law, damages are
asbestos
Asbestos (pronounced or ) is a set of six naturally occurring silicate minerals which all have in common their eponymous asbestiform habit: long (roughly 1:20 aspect ratio), thin fibrous crystals, with each visible fiber composed of millions of microscopic “fibrils” that can be released by abrasion and other processes. They are commonly known by their
Mesothelioma Lawyer Center
The Mesothelioma Lawyer Center is a specialized legal resource designed to support individuals and families affected by mesothelioma, a rare cancer caused by asbestos exposure. The center provides access to experienced mesothelioma attorneys, offering services such as free case evaluations, legal guidance, and assistance in pursuing compensation through asbestos trust funds, settlements, or lawsuits. In