Colfax Corporation’s accrued asbestos liability was US$37,098,000
as of July 1, 2011, compared with US$37,875,000 as of Dec. 31,
2010, according to the Company’s quarterly report filed on
July 29, 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.