PERRINE V. DU PONT DE NEMOURS AND COMPANY SETTLEMENT
Below, please find a summary of Settlement milestones for December 2016:
During the month, much was accomplished in carrying out both the Medical Monitoring Program and the Property Clean-Up Program, after timely beginning on November 1, 2011. The Property Clean-up, itself, was completed in June 2016, and in December 2016 the Settlement substantially completed the remaining repairs to remediation impacted properties, Spelter road repairs necessitated by the remediation, and infrastructure improvements approved by the Court, as described below. Phase 3 of the Medical Monitoring Program (a phase is conducted every two years) has been completed, and the Medical Monitoring Medical Panel was selected by the Court in November 2016.
A. FINANCIAL MATTERS
In December, we prepared and distributed the minutes of the November 23, 2016 Finance Committee quarterly meeting during which the Settlement’s financial statements for the period ended September 30, 2016 were reviewed.
B . MEDICAL MONITORING PROGRAM
Round 3 of testing began November 1, 2015, and was completed in September 2016. 554 Claimants scheduled appointments in Round 3 of testing. Testing is completed for Round 3. In December, we prepared minutes of the November 23, 2016 quarterly meeting of the Program, with the main topics being discussion of the future of the Program in light of the low Claimant participation rate, and activation of the Medical Panel for the Program, which was selected by the Court on November 3, 2016.
At the next quarterly meeting, to be in February 2017, we plan to meet with the Medical Panel and Dr. Natalie King, who conducts the lion’s share of Medical Monitoring for the Program.
C. PROPERTY CLEAN-UP PROGRAM
Remediation of the Class Area was completed in June 2016, with the Settlement now conducting post-remediation winding-up matters described below.
In December, J.F. Allen, the Zone 1A infrastructure improvements contractor, completed infrastructure improvements associated with the Zone 1A roads, like sidewalks and drains, as well as Zone 1A road repaving. It is projected to be completed by the end of December 2016.
The approximately $4 Million surplus distribution Fairness Hearing was held on June 22, 2016, at 8:30 a.m., as scheduled. About 50 Claimants attended the hearing and 6 spoke to the Court. An Order was issued by the Court on this matter on July 13, 2016, approving all Spelter infrastructure improvements requested by the Claimants and the payment of the balance to the Claimants as a dividend. The Order is on the website. The dividends were distributed to the Claimants at the Spelter Fire Station on December 14 and 15, 2016. Dividend checks not picked up were mailed to the Claimants on December 16.
There are a handful of remaining remediation issues and infrastructure improvement issues, but we project they will all be addressed by the end of January 2017.
Remaining dividend distribution issues we project to be addressed by the end of March 2017. There may be a second, much smaller, dividend.
We continued to have weekly update calls with our Birmingham and Spelter staff, focusing on post-remediation issues.
D. ADDITIONAL MILESTONES
Through November 30, 2016, there have been approximately 18,907 telephone calls from Claimants to the Claims Office, and 8,316 Claims Office visits by Claimants.