Parker Drilling Company says that, at June 30, 2011, there were
about 15 asbestos-related lawsuits in which it is one of many
defendants, according to the Company’s quarterly report filed on
Aug. 5, 2011 with the Securities and Exchange Commission.
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.