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Holian Settlement Payment Date: The Administrator Projected the First Quarter of 2026, Callers Were Later Told the Second, and Now Hear the Fourth — Nearly a Year After a Judge Approved $5.5 Million for Chemtool Fire Neighbors

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Grasley, et al. v. Chemtool Inc., No. 21 L 162, Circuit Court of Winnebago County, Illinois, Judge Stephen E. Balogh. On October 23, 2025 the court gave final approval to Holian Insulation Company’s $5,500,000 settlement with people who owned or rented property within three miles of the Chemtool plant in Rockton when it caught fire on June 14, 2021. The claim deadline was October 13, 2025. As of October 2, 2026 the official settlement website gives no payment date; the only timing information comes from the administrator’s email and call center, as reported by the Rockton-Roscoe News.

By Settlement Insight Data Desk · October 2, 2026

Holian Settlement Payment Date: The Administrator Projected the First Quarter of 2026, Callers Were Later Told the Second, and Now Hear the Fourth — Nearly a Year After a Judge Approved $5.5 Million for Chemtool Fire Neighbors — key figures at a glance

Holian settlement payment date: what has been said, and by whom

No official Holian settlement payment date has been published. The official website, holiansettlement.com, read on October 2, 2026, still lists only the 2025 deadlines and the October 23, 2025 final approval hearing. Every later date comes from the settlement administrator, Analytics Consulting, and reached the public through the Rockton-Roscoe News:

  • November 7, 2025, in an email to the paper: “We have over 5,000 claims to process and review. It should be much faster than for Grasley v Chemtool, as we have more information. Distribution of settlement payments is anticipated in the first quarter of 2026.”
  • April 2026: a call center representative told a resident that “the timeline for payment has officially been extended to the second quarter of 2026.” The paper noted this had not been confirmed by attorneys or the administrator.
  • Late September 2026: class members in South Beloit who called the call center were told payments could come in the fall — the fourth quarter. The paper asked Analytics Consulting for comment on September 25, 2026 and had received none at publication.

So the most recent date is a call center statement, not a court order or a notice on the official site. Treat it as an estimate that has already moved twice.

What the settlement agreement says has to happen before payment

The signed settlement agreement lays out the order of steps. The deal becomes final (the “Effective Date”) 30 calendar days after the final approval order is entered if no objections are pending; if unresolved objections were filed, it waits until the time to appeal runs out or any appeal is decided. Within 30 days of the Effective Date, Holian’s insurer, Nautilus Insurance Company, pays the $5.5 million into an escrow account. The administration fee and the attorneys’ fee award are paid 35 days after the Effective Date.

Claims run on their own clock: the administrator has 30 days after the claim deadline to process all claim forms, 35 days after the deadline to send both sides a report of approved and rejected claims, and the lawyers then have 45 days to audit and challenge them. Disputes go to the judge. Only after that is the net fund “distributed to Class Members with Approved Claims.”

Our arithmetic from the agreement: the claim deadline was October 13, 2025, so the report was due by November 17, 2025, and the 45-day audit window ran to about January 1, 2026 at the earliest. On paper, that fits the administrator’s original first-quarter estimate. The agreement sets no deadline for the steps after the audit — resolving disputed claims, then calculating and sending the payments. Neither the official site nor the public reports explain the delay.

How much: about $3.5 million for the class, split two ways

The fund is $5,500,000. Class counsel limited its fee request to no more than 35% of the fund, which is $1,925,000; the October 23, 2025 final approval order granted the fee application without stating a dollar figure. Reading the preliminary approval motion, the Rockton-Roscoe News also counted $47,674 for Huntington Bank, the escrow agent, leaving $3,527,326 for claimants.

That money is split in half by the agreement:

  • Property damage (50%): only for owners of real property in the class area, one payment per property, pro rata by the property’s assessed value from the Winnebago County Supervisor of Assessments.
  • Evacuation and loss of use (50%): for owners and tenants, by shares — 2 shares within 1 mile of the plant, 1 share from more than 1 up to 3 miles, plus 0.2 share for each additional person living in the home on June 14, 2021. Non-residential owners get 2 shares within 1 mile and 1 share beyond.

The agreement estimated that if the same number of people submitted approved claims as in the Chemtool settlement, “the average payment is expected to be greater than $500,” compared with an average of more than $10,000 from Chemtool and Lubrizol. But the administrator reported over 5,000 Holian claims, about double, according to the paper. Our arithmetic: $3,527,326 spread over exactly 5,000 approved claims would average about $705; more approved claims push that down, denials push it up, and the formula above means individual payments will differ widely.

Who gets paid, and how the money arrives

The class is every Illinois citizen who, on June 14, 2021, owned or rented property in Illinois within three miles of the Chemtool plant at 1165 Prairie Hill Road in Rockton. The claim deadline was October 13, 2025 and has passed. People whose claim in the earlier Chemtool settlement was approved did not have to file again: the official site says their earlier claim form is automatically treated as a Holian claim.

Under the agreement, class members could choose Venmo, Zelle, PayPal or a paper check. Anyone who did not choose gets a check by First-Class Mail at the last known address, updated through the National Change of Address database. Checks become void if not cashed within 180 days of issue, and if an electronic payment fails, the administrator is to try to contact the class member within 30 days. If you have moved since filing, update your address with the administrator now.

A representative of Analytics Consulting told the paper that new claimants who are denied will be notified by mail and get a chance to fix their claim.

Chemtool’s $94.5 million came first; Holian brings the total to $100 million

The fire started on June 14, 2021 at the grease and lubricant plant Chemtool operated in Rockton, a subsidiary of The Lubrizol Corporation. Chemtool settled the class claims for $94.5 million, approved about a year before the Holian deal; Holian’s $5.5 million brings the total recovery to $100 million, according to class counsel Miner, Barnhill & Galland. Holian, a contractor working at the plant that day, denies wrongdoing. The Rockton-Roscoe News reported that OSHA fined Holian $9,557 after finding that a scissor lift struck a pressure tap on a hot oil return pipe, causing the oil leak that led to the fire.

The case is Grasley, et al. v. Chemtool Inc., No. 21 L 162, in the Circuit Court of the 17th Judicial Circuit, Winnebago County, Illinois, before Judge Stephen E. Balogh. At the October 23, 2025 hearing he found the settlement “fair, reasonable, and adequate,” and, according to the Rockton-Roscoe News, set December 29, 2025 as the deadline for the next status report from the attorneys.

Whom to contact

The official FAQ lists the administrator as Holian Settlement Administrator, P.O. Box 2009, Chanhassen, MN 55317-2009; toll-free 866-654-3125; email HolianSettlement@noticeadministrator.com. Class counsel include Robert S. Libman of Miner, Barnhill & Galland, Daniel R. Flynn of DiCello Levitt and Robert Foote of Foote, Mielke, Chavez & O’Neil. We will update this article when a payment date appears on the official site or in a court filing.

The Data Behind This Story

Case
Grasley, et al. v. Chemtool Inc., No. 21 L 162, Circuit Court of the 17th Judicial Circuit, Winnebago County, Illinois
Judge
Stephen E. Balogh
Settling defendant
Holian Insulation Company, Inc. (paid by its insurer, Nautilus Insurance Company); denies wrongdoing
Settlement amount
$5,500,000; with Chemtool’s $94.5 million, $100 million in total
Final approval
October 23, 2025
Claim deadline
October 13, 2025 (passed); approved Chemtool claims carried over automatically
Class
Illinois citizens who owned or rented property within three miles of the Chemtool plant in Rockton on June 14, 2021
For claimants
About $3,527,326 after a fee award capped at 35% ($1,925,000) and escrow costs, per Rockton-Roscoe News
Split
50% property damage by assessed value (owners); 50% evacuation and loss of use by shares (owners and tenants)
Claims reported
Over 5,000 (administrator, November 7, 2025)
Payment date
No official date published; administrator’s estimates moved from first quarter 2026 to second, then fourth quarter
Payment methods
Venmo, Zelle, PayPal or check; checks void after 180 days
Administrator
Analytics Consulting LLC — holiansettlement.com · 866-654-3125 · P.O. Box 2009, Chanhassen, MN 55317-2009
  • Source: holiansettlement.com (official settlement website, Analytics Consulting LLC) — home page, Important Dates and Frequently Asked Questions, read October 2, 2026: case caption, class definition, $5,500,000 fund, 35% fee cap, October 13, 2025 claim deadline, automatic carry-over of approved Chemtool claims, October 23, 2025 hearing, administrator contact details, class counsel
  • Source: Holian Class Settlement Agreement with Exhibits, fully executed June 26, 2025 (PDF on the official site): Effective Date (Section 4.1), Nautilus Insurance Company payment within 30 days (Section 9.1), 35-day fee and administration payments (Section 9.5), Plan of Distribution with 50/50 split and share formula (Section 9.7), claim review timeline (Sections 9.7.2–9.7.4), payment methods and 180-day check validity (Section 9.8), average payment estimate
  • Source: Order Granting Final Approval of Class Action Settlement and Class Counsel’s Requested Costs and Attorneys’ Fees Award, Judge Stephen E. Balogh, October 23, 2025 (PDF via Miner, Barnhill & Galland; scanned, read by OCR)
  • Source: Miner, Barnhill & Galland, P.C., “Court Grants Final Approval to $5.5 Million Class Settlement Agreement with Holian Insulation Co., Inc.,” November 4, 2025: $94.5 million Chemtool settlement, $100 million total
  • Source: Rockton-Roscoe News: “Holian class action settlement payments moved to 4th quarter” (late September 2026), “Holian payments pushed to 2nd quarter” (April 2026), “5,000 claims to process and review” (November 2025), “Judge approves final settlement from Holian Insulation for Chemtool fire” (October 2025), “The Holian settlement: a deeper dive” (July 2025): administrator email of November 7, 2025, call center statements, $1.925 million fee award, $47,674 escrow fees, $3,527,326 net, OSHA $9,557 fine, December 29, 2025 status report

Journalists: these figures are free to cite with attribution to Settlement Insight. Custom data pulls: press@settlementinsight.com.

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