115 articles for

April 2010

ASBESTOS UPDATE: Chicago Bridge Accrues $2.1M March 31 Liability

Chicago Bridge & Iron Company N.V., at March 31, 2010, had accrued about US$2.1 million for asbestos-related liability and related expenses, according to the Company’s quarterly report filed on April 27, 2010 with the Securities and Exchange Commission.

At Dec. 31,…

ASBESTOS UPDATE: Calif. Court Flips Decision in Teruel-Armstrong

The Court of Appeal, Second District, California, reversed the ruling of the Los Angeles Superior Court, which granted summary judgment in favor of Borg-Warnter Morsetec, Inc., in an asbestos case styled Viviana Teruel-Armstrong et al., Plaintiffs and Appellants v. Borg-Warner…

ASBESTOS UPDATE: Ga. Court OKs Summary Judgment in Adamson Case

The Court of Appeals of Georgia affirmed the ruling of a trial court, which granted summary judgment in favor of six defendant corporations in an asbestos case styled Adamson v. General Electric, et al.

Relative to this appeal, the trial court…

ASBESTOS UPDATE: Conn. Court Issues Split Ruling in Allen Action

The U.S. District Court, District of Connecticut, issued split rulings in the asbestos-related action styled Lorraine Allen, Executrix of the estate of Donald G. Allen, et al., Plaintiffs v. General Electric Co., et al., Defendants.

District Judge Christopher F. Droney entered…

ASBESTOS UPDATE: Abatement at Affton High School to Cost $86,281

The abatement of asbestos at the Affton High School in Washington, Mo., is estimated at US$86,281, the South County Times reports.

The Affton School Board at its April 2010 meeting chose Spray Services, a Washington, Mo., contractor, to abate the asbestos…

ASBESTOS UPDATE: Honeywell Records $300M March 31 NARCO Coverage

Honeywell International Inc. says that about US$300 million of coverage under certain asbestos insurance policies is included in its North American Refractories Company (NARCO)-related insurance receivable at March 31, 2010.

In the second quarter of 2006, Travelers Casualty and Insurance Company…

ASBESTOS UPDATE: Exposure Cases Still Pending v. Quaker Chemical

An inactive subsidiary of Quaker Chemical Corporation that was acquired in 1978 and sold certain products containing asbestos, primarily on an installed basis, continues to be a defendant in numerous lawsuits alleging injury due to exposure to asbestos.

The subsidiary discontinued…

ASBESTOS UPDATE: Union Pacific’s Liability at $169MM at March 31

Union Pacific Corporation’s asbestos-related liability was US$169 million for the three months ended March 31, 2010, compared with US$210 million for the three months ended March 31, 2009, according to the Company’s quarterly report filed on April 23, 2010 with…

ASBESTOS UPDATE: Calif. Court Affirms Remand Motion in Luce Case

The U.S. District Court, Northern District of California, granted Charles and Jean Luce’s motion to remand an asbestos case to California Superior Court, in which the motion was filed on Feb. 10, 2010.

The case is styled Charles Luce and Jean…

ASBESTOS UPDATE: Split Rulings Issued in Johns-Manville Lawsuit

The U.S. Court of Appeals, Second Circuit, issued split rulings in a case involving asbestos-related matters, which is part of John-Manville Corporation’s bankruptcy.

Judges Guido Calabresi and Richard C. Wesley entered judgment in Docket Nos. 06-2103-bk, 06-2118-bk, 06-2186-bk on March 22,…

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