August 27, 2010

ASBESTOS UPDATE: Crown Holdings Has $222MM for Claims at June 30

COMPANIES: Crown Holdings Inc (fka Crown Cork & Seal Co Inc)
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As of June 30, 2010, Crown Holdings, Inc.’s accrual for pending and future asbestos-related claims and related legal costs was US$222 million, including US$169 million for unasserted claims and US$1 million for committed settlements that will be paid over time.

The…

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TOPICS: Asbestos | Containers/Packaging | General News | Legal Issues, Litigation
LOCATIONS: Pennsylvania | United States