198 articles for

August 2009

ASBESTOS LITIGATION: Energy Future Records $875M ARO at June 30

Energy Future Holdings Corp.’s asset retirement liability at June 30, 2009 was US$875 million, according to the Company’s quarterly report filed with the Securities and Exchange Commission on Aug. 4, 2009.

The Company’s asset retirement liability at March 31, 2009 was…

ASBESTOS LITIGATION: AK Steel Holding Still Has Injury Lawsuits

AK Steel Holding Corporation (or its predecessor, Armco Inc.), since 1990, has been facing numerous lawsuits alleging personal injury as a result of exposure to asbestos.

Most of these lawsuits have been filed on behalf of people who claim to have…

ASBESTOS LITIGATION: CenterPoint Still Party to Exposure Actions

CenterPoint Energy, Inc. (or its subsidiaries) is still facing lawsuits filed by a number of individuals who claim injury due to exposure to asbestos, according to the Company’s quarterly report filed with the Securities and Exchange Commission on Aug. 5,…

ASBESTOS LITIGATION: Cleanup at Former Deena Facility Cost $400T

The cost of the removal of 2,450 tons of asbestos debris at the former Deena Products manufacturing plant in Arlington, Ky., costs US$400,000, The Paducah Sun reports.

Chase Environmental completed emergency work to remove the material on July 29, 2009 under…

ASBESTOS LITIGATION: 11 Cases Pending v. Katy Industries in Ala.

Katy Industries, Inc. continues to be a defendant in 11 asbestos-related lawsuits filed in state court in Alabama by a total of 3325 individual plaintiffs.

There are over 100 defendants named in each case, according to the Company’s quarterly report filed…

ASBESTOS LITIGATION: Parker Drilling Still Facing Cases in Miss.

Parker Drilling Company and certain of its subsidiaries continue to face asbestos-related lawsuits filed in the Circuit Courts of the State of Mississippi.

In August 2004, the Company was notified that certain of its subsidiaries have been named, along with other…

ASBESTOS LITIGATION: Entrx Facing 289 Pending Actions at June 30

Entrx Corporation faced 289 pending asbestos cases for the six months ended June 30, 2009, compared with 271 cases for the year ended Dec. 31, 2008, according to the Company’s quarterly report filed with the Securities and Exchange Commission on…

ASBESTOS LITIGATION: ConEd, Units Still Party to Exposure Claims

Suits are brought in New York State and federal courts against Consolidated Edison, Inc. subsidiaries, wherein plaintiffs sought large amounts of compensatory and punitive damages for deaths and injuries allegedly caused by exposure to asbestos at various premises of the…

ASBESTOS LITIGATION: Bracknell Worker’s Death Linked to Exposure

An inquest heard that the death of 86-year-old Kenneth Bird, a retired draftsman from Bracknell, Berkshire, England, was linked to exposure to asbestos, getbracknell reports.

The inquest heard that Mr. Bird, who died of lung cancer, had probably been exposed to…

ASBESTOS LITIGATION: Hercules Inc. Has 24,000 Claims at June 30

Ashland Inc.’s wholly owned subsidiary, Hercules Incorporated, faced 24,000 open asbestos claims as of June 30, 2009, compared with 27,000 claims as of Nov. 13, 2008, according to the Company’s quarterly report filed with the Securities and Exchange Commission on…

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