Colfax Corporation has established reserves of US$418.9 million as
of July 1, 2011, and US$429.7 million as of Dec. 31, 2010 for the
probable and reasonably estimable asbestos-related liability cost
it believes its subsidiaries will pay through the next 15…
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.