J. C. Penney Company, Inc., as of Oct. 31, 2009, estimated its
total potential asbestos and environmental liabilities to range
from US$41 million to US$52 million and recorded its best
estimate of US$43 million in other liabilities in the
Consolidated…
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.