ASBESTOS LITIGATION: NL Ind. Cites $2.7Mil Recoveries at June 30
COMPANIES:
NL Industries, Inc., in the first six months of 2009, recorded
asbestos- and lead-related recoveries of US$2.7 million (US$1.8
million or US$0.04 per diluted share, net of income taxes),
according to a Company press release dated Aug. 4, 2009.
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.