Claim numbers are being distributed to residents in close proximity to the Chemtool facility via email or mail. A Personal Identification Number (PIN) is required for users of the Chemtool Fire Settlement Claim Form. The deadline for submitting claims is September 12, 2024.
Chemtool Fire Settlement Claim Form
If a plant fire in Illinois impacts property owners or tenants, they may get compensation under a $94.5 million settlement related to the Chemtool facility. In order to qualify for a financial settlement from the Chemtool facility, individuals in the class must submit a claim form that is valid and complete by September 12, 2024.
Chemtool has agreed to a settlement of $94.5 million to resolve the class action lawsuit related to the factory fire. However, the company has not admitted any wrongdoing. The deadline for objections is August 13, 2024. The deadline of May 15, 2023, was not included.
Class members who are eligible under the terms of the Chemtool plant settlement may get a monetary compensation based on the location of their residence in relation to the Chemtool facility, as well as whether they rented or owned their property. The final approval hearing for the agreement is scheduled for September 27, 2024.
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Chemtools class action settlement Amount
Online a claim form has been uploaded by Chemtool allowing inhabitants of Lubrizol’s Chemtool factory in Rockton, Illinois to get a part of a $94.5 million compensation for property damage caused by the catastrophic explosion and fire on June 14, 2021.
Illinois individuals who owned or rented residences located within a 3-mile radius of the Chemtool Manufacturing Plant in Rockton, Illinois, will receive benefits as a result of the settlement. Chemtool is a lubricant, grease, and fluid producing corporation that is owned by Lubrizol Corp.
The claim form was made available online for consumers to use on June 14, 2024, three years after the occurrence. If you receive a substantial settlement of $94,500,000, you may be eligible for payment. Proof of receipt is required in order to qualify for a refund.
Also excluded are past Chemtool employees. Neither are the lawyers, despite plaintiff’s legal expenses being more than $33 million. Should every qualifying individual file a claim, the Beloit Daily News notes, each family would get benefits ranging from $5,500 to $8,300.
How to Apply for Chemtools class action settlement?
Apply for the Chemtool class action settlement using these guidelines:
- Make sure you experienced damage or loss either living in, working in, or owning property in the impacted region during the fire.
- Get documentation of identification, address, medical records, property damage pictures, and financial data.
- Complete the form by providing personal details, an impact statement, and a description of the requested compensation. Typically, the website of the settlement administrator offers the online form.
- Prior to the specified due date, submit your fully filled out form and accompanying documents either by mail or via an online platform.
- We will investigate your claim. You may request further details.
- Should approval be granted, you will be paid according to settlement conditions.
- See a lawyer either should your claim be denied or if you want help with the operation.
Chemtools class action settlement Eligibility Criteria
On June 14, 2021, Illinoisans who owned or leased real land three miles near the Chemtool Manufacturing Plant in Rockton, Illinois Candidates claiming compensation have to satisfy certain requirements, which include:
- Residency: Evidence of commercial or habitational activity within the impacted area during the fire.
- Fire exposure has been shown to be directly linked to a variety of health issues, including trouble breathing and a wide range of symptoms, according to studies.
- The process of establishing or documenting that there has been direct physical damage to property or pollution of the environment is referred to as property damage.
- costs incurred as a result of relocation or cleaning are examples of economic losses. These losses include physical proof of financial damages, such as a decrease in sales, disruptions to the operations of the company, or costs.
Required Document for Chemtool Fire Settlement Claim Form
Successful handling of your claim depends on your providing thorough and accurate paperwork. Important papers might consist:
- Residency and Proof of Identity: Utility bills or rental agreements, government-issued identification
- Medical Records: Recording of fire-related medical diagnosis, treatment, and expenditure documentation.
- Property Damage Evidence:Images, repair projections, or bills pertaining to environmental pollution or property damage.
- Financial Documents: Evidence of lost income, declining company sales, or fire-related costs.
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