Huntsman Corporation is named as a “premises defendant” in a number of asbestos exposure cases, typically claims by non- employees of exposure to asbestos while at a facility.
In the past, these cases typically have involved multiple plaintiffs bringing actions against…
Columbus McKinnon Corporation recorded an asbestos-related liability of US$9,350,000 as of Sept. 30, 2009, according to the Company’s quarterly report filed with the Securities and Exchange Commission on Nov. 6, 2009.
The Company’s asbestos-related liability remained at US$8.8 million as of…
Cooper Industries plc, at Sept. 30, 2009, recorded 22,977 pending asbestos-related claims that are part of its obligation to Pneumo-Abex Corporation.
At June 30, 2009, Cooper Industries, Ltd. recorded 23,028 pending asbestos-related claims that were part of its obligation to Pneumo-Abex.…
Graham Corporation continues to be a defendant in certain lawsuits alleging personal injury from exposure to asbestos contained in products made by the Company.
The Company is a co-defendant with numerous other defendants in these lawsuits. The claims are similar to…
Skilled Healthcare Group, Inc.’s long-term asbestos abatement liability was US$5,462,000 as of Sept. 30, 2009, compared with US$5,372,000 as of Dec. 31, 2008, according to the Company’s quarterly report filed with the Securities and Exchange Commission on Nov. 3, 2009.
The…
Markel Corporation says the underwriting loss for both the quarter and nine months ended Sept. 30, 2009 included US$10 million of loss reserve development on asbestos and environmental exposures compared to US$24.9 million in both periods of 2008.
The Other segment…
Sterlite Industries (India) Limited, on Sept. 10, 2009, revised its offer to purchase the operating assets of Asarco LLC to US$2.565 billion payable fully in cash, according to a Company report, on Form 6-K, filed with the Securities and Exchange…
U.S. District Court Judge Andrew Hanen, on Nov. 13, 2009, issued his opinion and order confirming the reorganization plan sponsored by ASARCO Incorporated and Americas Mining Corporation, parent companies of ASARCO LLC, according to an Asarco press release dated Nov.…
Tyco International Ltd. and its subsidiaries, as of Sept. 25, 2009, faced 4,200 pending asbestos-related lawsuits, according to the Company’s annual report filed with the Securities and Exchange Commission on Nov. 17, 2009.
As of June 26, 2009, the Company faced…
The Allstate Corporation’s reserves for asbestos claims were US$1.16 billion at Sept. 30, 2009, compared with US$1.23 billion at Sept. 30, 2008.
The Company’s reserves for asbestos claims were US$1.19 billion at June 30, 2009. (Class Action Reporter, Aug. 28, 2009)
Net…