May 15, 2009

ASBESTOS LITIGATION: Cooper Cites $183.3M Receivable at March 31

COMPANIES: Cooper Industries Ltd
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As of March 31, 2009, Cooper Industries, Ltd.’s asbestos receivable for recoveries of costs from insurers amounted to US$183.3 million, of which US$66.9 million relate to costs previously paid or insurance settlements.

The Company’s asbestos-related receivable for recoveries of costs from…

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TOPICS: Asbestos | Electrical Equipment | Electronics | General News | Legal Issues, Litigation | Machinery/Misc Manufacturing
LOCATIONS: Texas | United States