Koninklijke Philips Electronics N.V. faces actions in the United States, relating primarily to the activities of its U.S. subsidiary TH Agriculture & Nutrition L.L.C. (THAN) prior to 1981, involving allegations of personal injury from alleged asbestos exposure.
The claims generally relate…
BP Products North America Inc. has agreed to spend more than US$161 million on pollution controls, enhanced maintenance and monitoring, and improved internal management practices to resolve Clean Air Act violations at its Texas City, Tex., refinery, according to a…
CNA Financial Corporation says that Burns & Roe Enterprises, Inc.’s (a bankrupt insured) confirmation hearing was held n December 2008 before the the U.S. Bankruptcy Court for the District of New Jersey and District Court jointly.
The Company has insurance coverage…
The number of outstanding asbestos exposure claims against certain French subsidiaries of ArcelorMittal was 431 at Dec. 31, 2008, as compared to 449 at Dec. 31, 2007, according to the Company’s annual report, on Form 20-F, filed with the Securities…
Law firm, Field Fisher Waterhouse LLP, has recovered more than GBP250,000 in compensation at the High Court on behalf of a widow whose husband died from mesothelioma, according to a Field Fisher press release dated Feb. 20, 2009.
John Lambie of…
Cases involving asbestos filed against Fresenius Medical Care Holdings, Inc. (FMCH) are stayed and transferred to or are pending before the U.S. District Court as part of the W. R. Grace & Co. Chapter 11 Proceedings.
FMCH is the holding company…
Colfax Corporation’s long-term asbestos liability was US$328,684,000 as of Dec. 31, 2008, compared with US$347,332,000 as of Dec. 31, 2007, according to a Company report, on Form 8-K, filed with the Securities and Exchange Commission on Feb. 20, 2009.
The Company’s…
PPG Industries, Inc., as of Dec. 31, 2008, continues to face asbestos-related lawsuits involving about 114,000 open claims served on the Company, according to the Company’s annual report filed with the Securities and Exchange Commission on Feb. 19, 2009.
As of…
NewMarket Corporation’s asbestos litigation reserve was US$11,705,000 at Dec. 31, 2008, compared with US$11,113,000 at Dec. 31, 2007, according to the Company’s annual report filed with the Securities and Exchange Commission on Feb. 20, 2009.
The Company is a defendant in…
Union Carbide Corporation and Amchem Products, Inc.’s asbestos- related defense costs were US$60 million at Dec. 31, 2008, compared with US$84 million at Dec. 31, 2007.
Amchem is a former Company subsidiary.
The Company’s asbestos-related resolution costs were US$116 million at Dec.…