CBL & Associates Properties, Inc. has recorded a liability of
US$2.7 million related to potential future asbestos abatement
activities at its Properties, according to the Company’s
quarterly report filed with the Securities and Exchange
Commission on Nov. 9, 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.