The Old RevCo Talc Personal Injury Liquidating Trust
The Old Revco Talc Personal Injury Liquidating Trust, (the “PI Trust”), was established on May 2, 2023 as provided for in the Revised Third Amended Joint Plan of Reorganization of Revlon, Inc. and Its Debtor Affiliates Pursuant to Chapter 11 of the Bankruptcy Code, confirmed by the United States Bankruptcy Court for the Southern District of New York on April 3, 2023.
The PI Trust has been established to evaluate talc-related personal injury and wrongful death claims (“Talc Personal Injury Claims”) asserted against Revlon, Inc., and its debtor affiliates (collectively, the “Debtors”). The PI Trust will evaluate and pay claims according to the provisions of the Amended Trust Distribution Procedures (the “TDP”) approved by the Bankruptcy Court and as amended by the PI Trust.
The TDP provides procedures governing the submission, evaluation, and resolution of Talc Personal Injury Claims asserted against the Debtors, including separate procedures for Talc Personal Injury Claims involving amounts due under fully-executed settlement agreements with the Debtors. With respect to Talc Personal Injury Claims that are not subject to settlement agreements, the TDP provides for either Matrix Review (for Talc Personal Injury Claims that involve a diagnosis of mesothelioma and meet certain other criteria) or Individual Review (for all other Talc Personal Injury Claims).
Please Take Notice That:
- The Claim Submission Form, TDP and filing instructions are available on the Resources page of this website.
- Only those claimants who timely filed a proof of claim asserting a Talc Personal Injury Claim in the Debtors’ bankruptcy cases are eligible to submit claims to the PI Trust;
- Eligible holders of Talc Personal Injury Claims must submit a Claim Submission Form and supporting documentation (collectively, a “Trust Claim”) to the PI Trust on or before February 29, 2024 (the “Claim Submission Deadline”) to qualify for potential payment by the PI Trust; and
- All Claimants who submit Trust Claims for Individual Review (as defined in the TDP) are required to pay a $50 Commencement Fee at the time of submission, with such Commencement Fee to be refunded if the Trust Claim is paid by the PI Trust. Failure to pay the Commencement Fee will result in the disallowance of the related Trust Claim.
Questions relating to the submission and processing of Trust Claims and payment of the Commencement Fee may be directed to Verus, LLC
at (609) 466-0427.