Crown Delaware Holding Co
Crown Delaware Holding Co, based in Wilmington, DE, is associated with the Celotex Asbestos Settlement Trust, which was established in 1998 following the bankruptcy of Celotex Corporation and its subsidiary, Carey Canada Incorporated. The Trust is dedicated to processing and paying valid asbestos personal injury claims in accordance with approved Claims Resolution Procedures.
Originally a Delaware corporation founded in 1964, Celotex manufactured roofing and building products, while Carey Canada was involved in asbestos fiber mining and processing. As of June 2023, the current payment percentage for claims under the Trust is set at 7% of the gross settlement value.
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