118 articles for

March 2009

ASBESTOS LITIGATION: Ravenstahl Seeks $300T for Asbestos Matters

Pittsburgh Mayor Luke Ravenstahl, on March 24, 2009, asked City Council to accept US$300,000 from a state oversight agency to help train building inspectors to check for asbestos in structures set for demolition, the Pittsburgh-Post Gazette reports.

The Intergovernmental Cooperation Authority…

ASBESTOS LITIGATION: Argo Reserves $143.3Mil for A&E at Dec. 31

Argo Group International Holdings, Ltd.’s gross loss reserves for asbestos and environmental claims were US$143.3 million as of Dec. 31, 2008, compared with US$157.72 million as of Dec. 31, 2007.

The Company’s gross A&E-related loss reserves were US$149.8 million as of…

ASBESTOS LITIGATION: Bankruptcy of Planet Toys Filed on March 18

Planet Toys, Inc., on March 18, 2008, filed a Chapter 7 bankruptcy petition in New York, Reuters reports.

Planet Toys faces a potential asbestos-related class action lawsuit over its “CSI” fingerprint kits.

In 2008, Asbestos Disease Awareness Organization sued the Company and…

ASBESTOS LITIGATION: Ameren, Units Facing 67 Lawsuits at Dec. 31

Ameren Corporation and its subsidiaries, as of Dec. 31, 2008, faced 67 asbestos-related lawsuits, according to the Company’s annual report filed with the Securities and Exchange Commission on March 2, 2009.

These subsidiaries are: Union Electric Company, Central Illinois Public Service…

ASBESTOS LITIGATION: Manitowoc Co. Still Facing Exposure Actions

The Manitowoc Company, Inc. continues to face asbestos-related lawsuits in which it is one of numerous defendants, according to the Company’s annual report filed with the Securities and Exchange Commission on March 2, 2009.

Headquartered in Manitowoc, Wis., The Manitowoc Company,…

ASBESTOS LITIGATION: SCC Affiliates Still Have Asarco LLC Cases

Southern Copper Corporation’s direct and indirect parent corporations, including Americas Mining Corporation and Grupo Mexico S.A.B. de C.V., still are parties to various litigation (including asbestos-related) involving Asarco LLC.

In August 2002, the U.S. Department of Justice brought a claim alleging…

ASBESTOS LITIGATION: Court Issues Split Rulings in JELD-WEN Case

The U.S. District Court, District of Delaware, issued split rulings in JELD-WEN, inc.’s case involving asbestos against Mary and Gordon Van Brunt.

The case is part of In re Grossman’s, Inc., et al., Debtors.

The case is styled JELD-WEN, inc., f/k/a Grossman’s…

ASBESTOS LITIGATION: 271 Cases Pending v. Entrx Corp. at Dec. 31

Entrx Corporation faced 271 pending asbestos cases as of Dec. 31, 2008, compared with 222 cases at Dec. 31, 2007, according to the Company’s annual report filed with the Securities and Exchange Commission on March 25, 2009.

At Sept. 30, 2008,…

ASBESTOS LITIGATION: Mass. Firm Sued for Failing to Pay Penalty

Massachusetts Attorney General Martha Coakley’s Office, on March 20, 2009, filed a complaint in Suffolk Superior Court against a Weymouth company and its president for failing to pay a US$108,000 civil administrative penalty assessed by the Department of Environmental Protection…

ASBESTOS LITIGATION: Baymeadows Apartments Incurs $105T Cleanup

Shelter Properties IV’s investment property, Baymeadows Apartments in Jacksonville, Fla., during the year ended Dec. 31, 2008, incurred about US$105,000 for asbestos abatement, according to the Company’s annual report filed with the Securities and Exchange Commission on March 24, 2009.

Baymeadows…

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