Cooper Industries, Ltd., as of March 31, 2009, estimates that
the liability for pending and future indemnity and defense costs
for the next 45 years will be US$811.7 million, according to the
Company’s quarterly report filed with the Securities and…
provides in-depth news coverage of asbestos-related lawsuits affecting public companies. Areas of focus include claim reserves, asbestos-related litigation costs, insurance coverage, compensatory and punitive damages, workers' compensation rulings, Chapter 11 cases involving asbestos product manufacturers, and statistics on asbestos-related lawsuits and claims.