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Nicolet (Keasbey & Mattison)

Nicolet (Keasbey & Mattison) produced various materials that contained asbestos. A growing number of asbestos lawsuits, however, forced the company to file for bankruptcy. If you or a loved one has suffered adverse health consequences due to exposure to Nicolet (Keasbey & Mattison) products, however, it still might be possible to pursue compensation.

The History of Nicolet (Keasbey & Mattison)

After its 1873 founding, Nicolet (Keasbey & Mattison) moved to Ambler, Pennsylvania in 1881. While the company began by manufacturing and marketing patent medicines, the company soon switched its focus to building products. Several decades later, in 1934, the company was acquired by Turner & Newall. In the 1960s, the company was acquired by Nicolet Industries. The company continued producing asbestos products until it filed for bankruptcy in the late 1980s after it was named as a defendant in more than 61,000 personal injury lawsuits.

Some workers at Nicolet who were exposed to asbestos include boiler workers, construction workers, electricians, maintenance workers, and roofers.

The Nicolet (Keasbey & Mattison) Trust Fund

A trust fund began accepting claims in 2007 to compensate asbestos-exposure victims of Nicolet (Keasbey & Mattison). The trust was established with an initial fund of $2.11 billion. Several years later, the trust reduced its payment schedule to 26%. This means that the trust fund pays out 26% of claims made for compensation.

The History of Asbestos Litigation and Nicolet (Keasbey & Mattison)

Nicolet (Keasbey & Mattison) has been involved in countless asbestos lawsuits. Some of the most notable cases in which Nicolet (Keasbey & Mattison) has been involved include:

  • In 1985, a man who was employed from 1950 to 1982 as a plasterer's helper by Nicolet argued that he worked at various job sites both in and around the District of Columbia where he was exposed to asbestos and materials containing asbestos. The worker argues that due to this exposure he later was diagnosed with pulmonary disease. Plaintiff argued that Nicolet and other defendants were negligent and failed to warn him about the danger of asbestos. The worker's lawsuit also relied on theories of strict liability and breach of warranty. The court declined to rule in favor of the plaintiff because he did not attempt to assert jurisdiction over Nicolet due to exposure to any of Nicolet's products after the acquisition of Keasbey & Mattison assets. Instead, the plaintiff relied solely on the activities of Keasbey & Mattison. As a result, the court granted Nicolet's motion to dismiss due to lack of jurisdiction.
  • In a 1987 case, the Supreme Court of Delaware denied Nicolet's motion for summary judgment on a conspiracy issue. The plaintiff in this case had initiated legal action against asbestos manufacturers pursuing compensation for injuries caused by exposure to asbestos.
Speak With an Experienced Asbestos Exposure Attorney

People diagnosed with mesothelioma or other asbestos-exposure related conditions are often left uncertain about what they can do to pursue compensation. One of the best steps to take in such a situation is to contact a compassionate attorney. Contact the Throneberry Law Group today by calling (888) 506-1131 or schedule an appointment online.

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