May 27, 2011

ASBESTOS UPDATE: Crown Holdings Accrues $243MM for Claims

COMPANIES: Crown Holdings Inc (fka Crown Cork & Seal Co Inc)
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Crown Holdings, Inc.’s accrual for pending and future asbestos- related claims and related legal costs was US$243 million as of March 31, 2011, including US$192 million for unasserted claims, according to the Company’s quarterly report filed with the Securities and…

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TOPICS: Asbestos | Containers/Packaging | General News | Legal Issues, Litigation
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