Victims of defunct asbestos giant Turner and Newell will start to receive compensation after its parent company - Federal Mogul - came out of administration, reports Legal &: Medical.
Federal Mogul had originally filed for Chapter 11 bankruptcy in an attempt to avoid paying asbestos damages. It subsequently submitted a plan to come out of bankruptcy by March 2007. Now this has finally been achieved, money that had been earmarked for compensation after an earlier agreement became available. Over 100 former employees have died in the meantime.
Ian McFall of Thompson solicitors said:
"Turner and Newall exposed thousands of people to asbestos across the UK. We have been engaged in one of the longest running and most difficult battles to obtain compensation for those who are suffering or have died from asbestos related disease following exposure at T&N's factories and elsewhere.
"We have successfully completed cases for 51 families who between them have received compensation payments totalling around £2 million.
"We are still working on behalf of many others to ensure they receive the compensation they are entitled to. I am glad that the struggle is over, or nearing an end, for many families affected and that for others their claims will be finalised soon."
