For asbestos victims, illness is not the only indignity they have suffered. Tens of thousands of them have also endured a seemingly endless wait for compensation from the companies that produced the mineral that has been found to cause lung cancer and other diseases. The most immediate crisis involves the Manville Personal Injury Settlement Trust, formed in 1988 as the company emerged from bankruptcy reorganization. At the time, trust officials expected to handle 100,000 cases, with an average payment of $25,000 each, but so far, they have paid an average of $43,500 each on the first 24,000 claims. By last June...
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