The Shook & Fletcher Asbestos Trust was established to provide compensation to individuals who developed asbestos-related diseases as a result of exposure to materials produced or distributed by the Shook & Fletcher company. Founded in Birmingham, Alabama, Shook & Fletcher was a major insulation contractor whose products contained asbestos, placing many workers and consumers at risk.
The Shook & Fletcher asbestos lawsuit process enables victims and their families to seek rightful compensation for illnesses such as mesothelioma, asbestosis, and lung cancer. Understanding the trust’s claims procedures, eligibility criteria, and payment history is essential for anyone pursuing a Shook & Fletcher asbestos claim.
Shook & Fletcher Asbestos Trust Payments Values (Disease Schedule)
The following table provides the official disease schedule values for claims filed under the Shook & Fletcher Asbestos Trust. These scheduled values are the baseline compensation amounts for asbestos-related diseases recognized by the trust. Final payouts depend on the trust’s current Shook & Fletcher asbestos trust payment percentage, which determines how much of the scheduled value a claimant will actually receive. This percentage is periodically adjusted by the trust based on available funds and projected future claims.
| Disease Level & Category | Disease Description | Scheduled Value (USD) |
|---|---|---|
| Level VIII – Mesothelioma | Cancer of the lining of the lungs, abdomen, or heart caused by asbestos exposure. | $150,000 |
| Level VII – Lung Cancer 1 | Lung cancer with significant occupational asbestos exposure and evidence of asbestosis. | $75,000 |
| Level VI – Lung Cancer 2 | Lung cancer with asbestos exposure but without evidence of asbestosis. | $20,000 |
| Level V – Other Cancer | Other asbestos-related cancers (larynx, esophagus, colorectal, etc.). | $15,000 |
| Level IV – Severe Asbestosis | Advanced asbestosis with extensive lung scarring and disability. | $40,000 |
| Level III – Asbestosis/Pleural Disease (Severe) | Substantial lung impairment or shortness of breath due to asbestos-related disease. | $15,000 |
| Level II – Asbestosis/Pleural Disease (Moderate) | Evidence of asbestos exposure with some functional impairment. | $5,000 |
| Level I – Other Asbestos Disease (Non-malignant) | Non-malignant asbestos-related conditions, such as pleural plaques. | $2,000 |
Unfortunately, actual payouts from the trust are not the same as their scheduled value. Like all asbestos trust funds, payouts from the Shook & Fletcher Asbestos Trust depend on their payment percentage.
What is the Shook & Fletcher Asbestos Trust Payout Percentage in 2025?
The Shook & Fletcher Asbestos Trust payout percentage in 2025 determines how much claimants receive compared to the scheduled value of their disease category. This percentage reflects the trust’s available funds and projected future claims, ensuring fair distribution among all eligible victims of asbestos exposure.
The following table includes payment percentages and typical payouts from the Shook & Fletcher Asbestos Trust.
| Disease Level & Category | Scheduled Value (USD) | Payment % (Current) | Typical Payout (USD) |
|---|---|---|---|
| Level VIII — Mesothelioma | $150,000 | 58% | $87,000 |
| Level VII — Lung Cancer 1 (with asbestosis) | $75,000 | 58% | $43,500 |
| Level VI — Lung Cancer 2 (without asbestosis) | $20,000 | 58% | $11,600 |
| Level V — Other Asbestos-Related Cancer | $15,000 | 58% | $8,700 |
| Level IV — Severe Asbestosis | $40,000 | 58% | $23,200 |
| Level III — Asbestosis / Pleural Disease (Severe) | $15,000 | 58% | $8,700 |
| Level II — Asbestosis / Pleural Disease (Moderate) | $5,000 | 58% | $2,900 |
| Level I — Non-malignant / Other Asbestos Disease | $2,000 | 58% | $1,160 |
How Does Shook & Fletcher’s Payout Percentage Compare to Other Asbestos Trusts?
Payout percentages vary widely between asbestos trusts. Here’s how Shook & Fletcher stacks up compared to other large trust funds:
| Asbestos Trust Name | Scheduled Value for Mesothelioma (USD) | Payment % (Current 2025) | Typical Actual Payout (USD) |
|---|---|---|---|
| Shook & Fletcher Asbestos Trust | $150,000 | 58% | $87,000 |
| Johns-Manville Asbestos Trust | $350,000 | 6.3% | $22,050 |
| Owens Corning / Fibreboard Trust | $215,000 | 7.7% | $16,555 |
| United States Gypsum (USG) Trust | $155,000 | 16% | $24,800 |
| Armstrong World Industries Trust | $130,000 | 15% | $19,500 |
| Babcock & Wilcox Asbestos Trust | $200,000 | 8% | $16,000 |
“Asbestos bankruptcy trusts, including the Shook & Fletcher Asbestos Trust, were formed to manage compensation for victims while allowing companies to resolve liabilities through reorganization. These trusts ensure equitable payment to individuals suffering from asbestos-related diseases.”
— Asbestos Bankruptcy Trust Studies, RAND Institute for Civil Justice
Shook & Fletcher Asbestos Products List
The following table shows Shook & Fletcher products that are known to have caused asbestos exposure for anyone who used them. If you used any of these products and have been diagnosed with an asbestos-related illness, you are probably entitled to compensation.
| Product / Item | Product Type / Use | Typical Industry / Application | Common Exposure Scenarios |
|---|---|---|---|
| Insulating Cement | Thermal insulation cement (asbestos-containing) | Power plants, refineries, chemical plants, industrial facilities | Installation and removal around boilers, pipes, tanks; cutting or chipping cement |
| Block Insulation | Preformed insulation blocks for pipes and equipment | Boiler rooms, shipyards, manufacturing plants | Fitting, shaping, or replacing blocks; sanding or cutting on site |
| Pipe Covering / Pipe Insulation | Asbestos-wrapped pipe covering, wrap or lagging | Industrial steam lines, refineries, shipboard piping, commercial HVAC | Applying, repairing, or removing pipe covering; maintenance on insulated piping |
| Spray Coating / Fireproofing | Spray-applied fireproofing and insulation containing asbestos | Commercial buildings, industrial structures, ship superstructures | Spraying, grinding, renovating, or demolishing sprayed surfaces |
| Boiler Jackets & Boiler Insulation | Jackets, blankets and padding used to insulate boilers | Power generation, large commercial boilers, industrial plants | Insulation replacement, boiler maintenance, cutting jacket material |
| Gaskets, Packing & Sealants | Asbestos-reinforced gaskets, packing material, pipe/flange seals | Pumps, valves, engines, industrial machinery, ship machinery spaces | Replacing gaskets, engine maintenance, valve servicing |
| Duct Insulation / HVAC Insulation | Insulation for ductwork and HVAC systems containing asbestos | Commercial HVAC, hospitals, schools, large buildings | HVAC repair, duct removal or renovation, cleaning contaminated ducts |
| Roofing & Roofing Insulation | Asbestos-containing roofing felts, insulation boards, mastics | Commercial and industrial roofing installations | Roof replacement, cutting or tearing roof materials, demolition |
| Millboard & Insulation Board | Asbestos insulation boards used as thermal barriers and backing | Furnaces, boilers, ovens, industrial equipment installations | Cutting, fitting, or removing boards during repair or retrofit |
| Firebrick / Refractory Materials | Refractory insulation and firebrick containing asbestos | Furnaces, kilns, industrial ovens, steel works | Replacing refractory materials, grinding, or demolition work |
About the Shook & Fletcher Asbestos Lawsuit and Trust Fund
Shook & Fletcher was founded in 1901 and became a major manufacturer and installer of insulation materials that contained asbestos. The company faced thousands of lawsuits from workers and others exposed to its asbestos-containing products. By the early 2000s, Shook & Fletcher had tens of thousands of active asbestos claims filed against it.
Due to overwhelming liability, the company filed for Chapter 11 bankruptcy protection in 2002. As part of its bankruptcy reorganization, the Shook & Fletcher Asbestos Settlement Trust was created to compensate victims who suffered illnesses caused by asbestos exposure from its products. The trust was established to streamline compensation, ensuring claimants could receive payment without the need for lengthy court battles.
When Did Shook & Fletcher Stop Using Asbestos?
Shook & Fletcher used asbestos in its insulation and related materials throughout the 1950s, 1960s, and 1970s. The company phased out the use of asbestos by the late 1970s, as health risks became more widely recognized and asbestos regulations tightened.
How Much Money is Left in the Shook & Fletcher Trust?
The Shook & Fletcher Asbestos Settlement Trust was initially funded with approximately $109 million to compensate asbestos victims. The exact amount remaining in the trust today is not publicly disclosed. However, the trust uses a payment percentage system to ensure funds are distributed fairly among both current and future claimants. This system means claimants receive a portion of the full “scheduled value” of their claim, preserving funds for future victims.
Who Can File an Asbestos Claim Against Shook & Fletcher?
Individuals may file an asbestos claim against the Shook & Fletcher Trust if they meet certain eligibility requirements, such as:
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A confirmed diagnosis of an asbestos-related disease, including mesothelioma, lung cancer, or asbestosis.
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Proof of exposure to asbestos-containing products manufactured, distributed, or installed by Shook & Fletcher.
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Submission of required documentation within the trust’s filing guidelines and deadlines.
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Family members or estates of deceased victims may also file claims on behalf of their loved ones.
Working with an experienced asbestos attorney can help claimants gather evidence, verify product exposure, and ensure that their claim is properly filed for maximum compensation.
Filing an Asbestos Claim Against Shook & Fletcher
At Danzinger & De Llano, LLP, we’ve helped countless victims pursue justice through asbestos trust claims, including those involving the Shook & Fletcher Asbestos Trust. Our experienced attorneys are dedicated to securing the compensation you deserve for your asbestos-related illness. If you or a loved one has used Shook & Fletcher products and is suffering from mesothelioma or another asbestos-related illness, our mesothelioma lawyers are here to help get you the compensation you deserve. Call us at 866-222-9990.
The information provided is for educational and informational purposes only. The information on this website is not intended as legal advice and should not be used as a substitute for consulting a licensed attorney. Legal outcomes and laws can vary by jurisdiction, and only a qualified lawyer can provide guidance tailored to your situation.