ASBESTOS UPDATE: Central Records $2.7M ARO Liability at Sept. 30
COMPANIES:
Southern Star Central Corp.’s subsidiary, Southern Star Central
Gas Pipeline, Inc., at Sept. 30, 2009, recorded an asset
retirement obligation (ARO) of US$2.7 million and its
corresponding regulatory asset was US$2.4 million.
Central recorded an ARO for the remediation of asbestos…
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.