July 31, 2009

ASBESTOS LITIGATION: Crane Incurs $59.3M for Settlement, Defense

COMPANIES: Crane Co
Subscribe

The gross settlement and defense costs incurred (before insurance recoveries and tax effects) for Crane Co. were US$59.3 million during the six-month period ended June 30, 2009, compared with US$43.4 million during the six-month period ended June 30, 2008.

The gross…

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