Standard Motor Corporation says that, at Dec. 31, 2008, about
3,650 asbestos-related cases were outstanding for which it was
responsible for related liabilities, according to the Company’s
annual report filed with the Securities and Exchange Commission
on March 12, 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.