The Johns-Manville Trust is the largest and oldest asbestos bankruptcy trust in the United States, holding approximately $2.5 billion in assets to compensate mesothelioma victims [1]. Established in 1988, the trust has paid billions to workers exposed to JM insulation products at construction sites, shipyards, power plants, and industrial facilities across America. If you or a loved one was diagnosed with mesothelioma after working with or around Johns-Manville products, you may be entitled to compensation from this trust.
Executive Summary
The Johns-Manville Trust remains the cornerstone of asbestos bankruptcy compensation, with over $2.5 billion in assets available for qualified claimants [1]. As the world's largest asbestos insulation manufacturer, JM products were present at virtually every major construction project, shipyard, and industrial facility in America from the 1920s through the 1980s. Mesothelioma claimants can receive $7,500-$12,000 from the JM Trust specifically, based on current payment percentages of 5-8% [2]. Claims are typically processed within 4-8 months, with expedited review available for urgent cases. Most mesothelioma patients qualify for the JM Trust as part of a comprehensive claim strategy targeting 10-20 trusts for combined compensation of $180,000-$400,000.
10 Key Facts About the Johns-Manville Trust in 2026
- Trust Assets: Approximately $2.5 billion [1]
- Year Established: 1988 (first major asbestos trust) [3]
- Mesothelioma Scheduled Value: ~$150,000 [4]
- Current Payment Percentage: 5-8% of scheduled value [2]
- Typical Mesothelioma Payment: $7,500-$12,000 [2]
- Processing Time: 4-8 months (expedited: 6-10 weeks) [4]
- Products Covered: Pipe insulation, block insulation, cement, roofing, flooring
- Peak Production Years: 1920s-1980s
- Primary Exposure Sites: Construction, shipyards, power plants, refineries
- Filing Deadline: Typically 2-3 years from diagnosis
What Was Johns-Manville and Why Does the Trust Exist?
Johns-Manville Corporation was the world's largest manufacturer of asbestos-containing insulation products for over 60 years [3]. Founded in 1858, the company grew to dominate the asbestos insulation market, with JM products used in virtually every major construction project, shipyard, and industrial facility in America. At its peak, Johns-Manville operated dozens of manufacturing plants and employed thousands of workers.
Johns-Manville Trust assets—the largest asbestos trust
In 1982, facing thousands of asbestos-related lawsuits, Johns-Manville filed for Chapter 11 bankruptcy protection [3]. The bankruptcy was groundbreaking—the first major corporation to use bankruptcy to address mass tort liability. As part of the reorganization, the company established the Johns-Manville Trust in 1988 to compensate current and future asbestos victims.
"The Johns-Manville bankruptcy transformed how we handle mass tort compensation in America. For mesothelioma patients today, it means there's a reliable, well-funded source of compensation that doesn't require years of litigation. We can file claims and get results within months."
— Paul Danziger, Founding Partner, Danziger & De Llano
What Products Did Johns-Manville Manufacture?
Johns-Manville manufactured hundreds of asbestos-containing products that were ubiquitous in American construction and industry. Understanding which products JM made helps identify whether you may qualify for a trust claim.
Major Johns-Manville Product Categories
| Product Type | Common Names/Brands | Primary Uses |
|---|---|---|
| Pipe Insulation | Superex, Banrock | Steam pipes, hot water lines, industrial piping |
| Block Insulation | JM 85%, JM Marinite | Boilers, tanks, industrial equipment |
| Asbestos Cement | Transite | Siding, pipes, roofing, ducts |
| Roofing Materials | JM Roofing Felts, Shingles | Commercial and residential roofing |
| Flooring Products | JM Floor Tile | Vinyl floor tiles, backing |
| Brake Products | JM Brake Linings | Automotive brakes, industrial equipment |
| Gaskets/Packing | JM Packings | Valves, pumps, flanges |
The asbestos products database contains detailed information on JM products and where they were commonly used.
Where Were JM Products Used?
Johns-Manville products were used at virtually every type of industrial and construction site in America:
- Shipyards: Pipe insulation, block insulation on ships under construction
- Power Plants: Boiler insulation, pipe covering throughout facilities
- Oil Refineries: High-temperature insulation on processing equipment
- Chemical Plants: Pipe and equipment insulation
- Construction Sites: Building insulation, cement products, roofing
- Steel Mills: Furnace insulation, heat protection
- Paper Mills: Steam pipe insulation, equipment covering
How Much Can You Receive from the Johns-Manville Trust?
The Johns-Manville Trust uses a scheduled value system to determine payments, with mesothelioma receiving the highest scheduled value due to its direct link to asbestos exposure [4]. However, actual payments are a percentage of the scheduled value.
Understanding Payment Percentages
Like all asbestos trusts, the JM Trust pays a percentage of the scheduled value rather than the full amount [2]. This "payment percentage" ensures funds remain available for future claimants. The JM Trust payment percentage has fluctuated between 5-8% in recent years.
Typical JM Trust mesothelioma payment at current payment percentages
Why the JM Trust Payment Matters
While $7,500-$12,000 may seem modest, the JM Trust is just one of 60+ active asbestos trusts [2]. Most mesothelioma patients qualify for 10-20 different trusts based on their complete exposure history. When combined with claims to other trusts like Owens Corning, W.R. Grace, and Pittsburgh Corning, total trust fund recovery typically reaches $180,000-$400,000.
"I never tell clients to focus solely on the JM Trust payment. What matters is the comprehensive strategy—identifying every trust where they have a valid claim. The JM Trust is almost always part of the equation because JM products were so widespread, but it's the combination of all applicable trusts that delivers meaningful compensation."
— Paul Danziger, Founding Partner, Danziger & De Llano
What Are the Filing Requirements for Johns-Manville Trust Claims?
The Johns-Manville Trust has specific documentation requirements that must be met for claim approval [4]. Understanding these requirements upfront helps ensure your claim is processed efficiently.
Medical Documentation Requirements
You must provide medical evidence confirming your mesothelioma diagnosis:
- Pathology report from tissue biopsy confirming mesothelioma
- Radiology reports (CT scans, X-rays) supporting diagnosis
- Treating physician's diagnosis letter
- Medical records documenting disease progression
Exposure Documentation Requirements
You must demonstrate exposure to Johns-Manville products specifically. Acceptable evidence includes:
- Employment records: Pay stubs, W-2s, personnel files from relevant employers
- Site history evidence: Documentation that JM products were used at your work locations
- Product identification: Evidence identifying specific JM products you worked with or around
- Witness statements: Co-worker affidavits confirming JM product presence
- Union records: Membership and work assignment records
The trust fund filing guidance provides detailed information on gathering required documentation.
Exposure Affidavit
All claimants must submit a sworn exposure affidavit describing:
- When and where exposure occurred
- Job duties that involved JM products
- Frequency and duration of exposure
- Specific JM products encountered
How Do You File a Johns-Manville Trust Claim?
The JM Trust offers two processing tracks for claims [4]. Understanding which track is appropriate for your situation helps set realistic expectations for timing and payment.
Expedited Review Process
Expedited review is available for claims that meet specific medical and exposure criteria. This process offers:
- Faster processing (6-10 weeks vs. 4-8 months)
- Fixed payment at scheduled value percentage
- Simplified documentation requirements
- Ideal for mesothelioma claims with clear exposure history
Most mesothelioma claims qualify for expedited review because mesothelioma is definitively linked to asbestos exposure.
Individual Review Process
Individual review is available for claims seeking payment above the scheduled value or with unique circumstances:
- Longer processing time (6-12 months)
- Potential for higher payment based on specific damages
- Requires more extensive documentation
- May involve additional evaluation
Step-by-Step Filing Process
- Gather documentation: Collect medical records, employment history, and exposure evidence
- Complete claim form: Provide required information about diagnosis and exposure
- Submit exposure affidavit: Sworn statement describing JM product exposure
- File claim with trust: Submit complete package to JM Trust
- Trust review: Trust evaluates claim against criteria
- Payment: Approved claims receive payment by check or wire transfer
What Documentation Proves Johns-Manville Product Exposure?
Proving exposure to JM products specifically—not just asbestos generally—is essential for claim approval. Several types of evidence can establish JM product presence at your work sites.
Site History Evidence
Many work sites have documented histories of JM product usage. Sources include:
- Construction records and specifications
- Purchasing invoices from contractors
- Insurance company asbestos surveys
- OSHA inspection records
- EPA building assessments
Product Identification Methods
Even without direct documentation, JM products can often be identified through:
- Product labeling: Many JM products bore the Johns-Manville name
- Industry databases: Records of which products were standard at specific site types
- Expert testimony: Industrial hygienists familiar with historical product distribution
- Co-worker statements: Witnesses who recall specific product brands
The evidence preservation guide explains how to document and preserve exposure evidence.
"In my experience, JM products were so ubiquitous that if you worked in construction, shipyards, or power plants during the 1950s through 1980s, there's a high probability you encountered them. We use site history databases and industry knowledge to establish that connection, even when workers don't specifically remember the Johns-Manville name."
— Paul Danziger, Founding Partner, Danziger & De Llano
What Are the Deadlines for Filing JM Trust Claims?
The Johns-Manville Trust has statute of limitations requirements that vary by state [4]. Missing these deadlines permanently bars your claim.
General Filing Deadlines
Most JM Trust claims must be filed within:
- 2-3 years from mesothelioma diagnosis date, or
- 2-3 years from when you knew (or should have known) disease was asbestos-related
State laws determine exact deadlines. The statute of limitations guide provides state-specific deadline information.
Why Early Filing Matters
Beyond meeting deadlines, early filing provides several advantages:
- Payment percentages may decrease as trust assets decline over time
- Documentation becomes harder to locate as years pass
- Witnesses may become unavailable or have fading memories
- Earlier filing means earlier payment when treatment costs are often highest
How Does the JM Trust Claim Relate to Other Compensation?
The Johns-Manville Trust claim is one component of a comprehensive mesothelioma compensation strategy. Understanding how it relates to other sources helps maximize total recovery.
Coordination with Other Trust Claims
Filing a JM Trust claim does not prevent claims with other trusts. Most mesothelioma patients file with 10-20 trusts simultaneously, including:
- Owens Corning/Fibreboard Trust
- W.R. Grace Trust
- Pittsburgh Corning Trust
- USG Corporation Trust
- Armstrong World Industries Trust
Learn more about coordinating claims in our asbestos trust funds guide.
Trust Claims vs. Lawsuits
JM Trust claims are separate from lawsuits against solvent defendants. You can pursue both:
| JM Trust Claim | Lawsuit Against Solvent Defendant |
|---|---|
| Administrative process | Court litigation |
| Fixed payment schedule | Negotiated settlement or jury verdict |
| 4-8 month timeline | 12-24+ month timeline |
| No trial required | May require trial |
Frequently Asked Questions
How much money is in the Johns-Manville Trust?
The Johns-Manville Trust holds approximately $2.5 billion in assets, making it the largest and oldest asbestos bankruptcy trust. Since 1988, the trust has paid billions to asbestos victims exposed to JM insulation products at construction sites, shipyards, and industrial facilities.
What is the current Johns-Manville Trust payment percentage?
The JM Trust payment percentage fluctuates between 5-8% of the scheduled value for mesothelioma claims. With a scheduled value around $150,000 for mesothelioma, claimants typically receive $7,500-$12,000 from the JM Trust specifically. Payment percentages are adjusted periodically to preserve funds for future claimants.
How long does it take to receive payment from the Johns-Manville Trust?
Most Johns-Manville Trust claims are processed within 4-8 months. Expedited review is available for mesothelioma patients, potentially reducing processing time to 6-10 weeks. Complete documentation significantly speeds approval and payment.
What products did Johns-Manville manufacture?
Johns-Manville was the world's largest asbestos insulation manufacturer. Their products included pipe insulation, block insulation, cement, roofing materials, flooring products, brake linings, and gaskets. JM products were used extensively in construction, shipbuilding, power plants, and industrial facilities from the 1920s through the 1980s.
Can I file a Johns-Manville claim myself?
While you can file JM Trust claims independently, most mesothelioma patients work with experienced attorneys who identify all applicable trusts and ensure proper documentation. Attorneys typically recover significantly more total compensation by filing claims with multiple trusts simultaneously.
What documentation do I need for a Johns-Manville Trust claim?
You need medical records confirming mesothelioma diagnosis, employment records showing where you worked, evidence of JM product exposure at those locations, and an exposure affidavit. Site history databases and co-worker statements can help establish product identification when direct records are unavailable.
Next Steps: Filing Your Johns-Manville Trust Claim
If you or a loved one has mesothelioma and may have been exposed to Johns-Manville products, the $2.5 billion JM Trust may owe you compensation. Given JM's dominance in the asbestos insulation market, most mesothelioma patients who worked in construction, shipyards, or industrial settings have valid claims.
Our experienced mesothelioma attorneys can evaluate your exposure history, determine if you qualify for a JM Trust claim, and handle all filing requirements. We identify every applicable trust—not just Johns-Manville—to maximize your total recovery.
Related Resources
- Asbestos Trust Funds: $30 Billion Available in 2026 — Complete trust fund overview
- Asbestos Trust Funds: Complete Guide — Detailed filing information
- Find Mesothelioma Lawyers by State — Connect with specialists nationwide
- Free Case Assessment — Get a personalized evaluation
Learn More About Trust Funds
- Johns-Manville Trust Overview — Detailed trust information
- Trust Fund Filing Guidance — Step-by-step filing process
- Asbestos Trust Funds — Complete trust fund directory
Sources:
- Johns-Manville Trust. (2025). Annual Report.
- RAND Institute for Civil Justice. (2024). Asbestos Bankruptcy Trusts: A 2024 Overview.
- U.S. Bankruptcy Court, Southern District of New York. (1982). In re Johns-Manville Corporation.
- Johns-Manville Trust. (2025). Trust Distribution Procedures Manual.
- American Bar Association Journal. (2024). Asbestos Personal Injury Trust Administration.
Last updated: January 28, 2026
About the Author
Paul DanzigerFounding Partner at Danziger & De Llano with 30+ years of mesothelioma litigation experience and CPA background
Related Topics
Need Help With Your Case?
If you or a loved one has been diagnosed with mesothelioma, our experienced attorneys can help you understand your options and pursue the compensation you deserve.