May 22, 2009

ASBESTOS LITIGATION: Foster Wheeler Has $1.75MM Claims Provision

COMPANIES: Foster Wheeler AG
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Foster Wheeler AG’s net asbestos-related provision was US$1,750,000 during the fiscal three months ended March 31, 2009, according to the Company’s latest quarterly report filed with the Securities and Exchange Commission.

The Company’s net asbestos-related provision was US$6,607,000 during the fiscal…

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TOPICS: Asbestos | General News | Legal Issues, Litigation | Machinery/Misc Manufacturing
LOCATIONS: Switzerland