April 24, 2009

ASBESTOS LITIGATION: Crane Incurs $22.3M for Settlement, Defense

COMPANIES: Crane Co
Subscribe

The gross asbestos settlement and defense costs incurred (before insurance recoveries and tax effects) for Crane Co. totaled US$22.3 million in the three-month period ended March 31, 2009 and US$$22.5 million in the three-month period ended March 31, 2008.

The gross…

TO CONTINUE READING,LOGIN or
TOPICS: Asbestos | General News | Legal Issues, Litigation | Machinery/Misc Manufacturing
LOCATIONS: Connecticut | United States