The gross settlement and defense costs incurred (before insurance recoveries and tax effects) for Crane Co. were US$59.3 million during the six-month period ended June 30, 2009, compared with US$43.4 million during the six-month period ended June 30, 2008.
The gross…
The U.S. District Court, District of Connecticut, denied plaintiffs’ Motion to Remand an asbestos case filed against Buffalo Pumps, Inc. (BP) and General Electric Company (GE).
The case is styled Beverly Murphy, et al., Plaintiffs v. General Electric Company, et al.,…
CIRCOR International, Inc.’s current asbestos liability was US$13,182,000 as of June 28, 2009, compared with US$9,310,000 as of Dec. 31, 2008, according to a Company report, on Form 8-K, filed with the Securities and Exchange Commission on July 29, 2009.
The…
Enbridge Energy Partners, L.P. recorded US$5.7 million in “Accounts payable and other” for asbestos and environmental cleanup as of June 30, 2009, compared with US$5.5 million as of Dec. 31, 2008.
The Company recorded US$5.1 million in “Accounts payable and other”…
The Court of Appeals of Minnesota issued split rulings in the asbestos-related lawsuit styled Dennis Newinski, et al., Respondents v. John Crane, Inc., Appellant.
Judges Kevin G. Ross, Heidi S. Schellhas, and Michelle Ann Larkin entered judgment in Case No. A08-1715…
U.S. District Judge Eduardo Robreno, of the U.S. District Court for the Eastern District of Pennsylvania, on July 17, 2009, gave plaintiffs 60 days to produce medical reports by qualified experts in support of their claims or face dismissal, withdrawing…
Crane Co. and Employers Mutual Casualty Company, by and through its managing general agent and attorney-in-fact Mutual Marine Office, Inc., entered into an asbestos-related “coverage-in- place” agreement on April 21, 2009.
Prior to 2005, a significant portion of the Company’s settlement…
Union Pacific Corporation’s asbestos-related liability was US$208 million during the six months ended June 30, 2009, compared with US$258 million during the six months ended June 30, 2008.
Current asbestos liability was US$12 million during the six months ended June 30,…
Prosecutors said on July 28, 2009 that Chong-mun Chae, the South Korean owner of a Queens, N.Y.-based asbestos-removal company, was sentenced to nearly four years in prison for failing to pay US$1.6 million in required workers’ compensation premiums by saying…
Goodrich Corporation and some of its subsidiaries are still defendants in various actions by plaintiffs alleging damages as a result of exposure to asbestos fibers in products or at the Company’s facilities, according to the Company’s quarterly report filed with…