Albany International Corp. was defending against 4,800 asbestos
claims as of April 18, 2011, according to the Company’s quarterly
report filed with the Securities and Exchange Commission on May 6,
2011.
This compares with about 5,158 such claims as of Feb.…
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.