Thomas Properties Group, Inc., as of June 30, 2010, had accrued
about US$800,000 for estimated future costs of asbestos removal or
abatement at its City National Plaza and Brookhollow properties.
The Company has removed or abated asbestos-containing building
materials from certain…
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.