ASBESTOS UPDATE: ArvinMeritor Records $17MM Rockwell Liability

ArvinMeritor, Inc. recorded US$17 million as of Dec. 31, 2010 and Sept. 30, 2010 as probable liability for pending and future Rockwell International asbestos claims over the next four years, according to the Company’s quarterly report filed with the Securities…

ASBESTOS UPDATE: ArvinMeritor’s Long-Term Liabilities at $66MM

ArvinMeritor, Inc.’s long-term asbestos-related liabilities were US$66 million as of both Dec. 31, 2010 and Sept. 30, 2010, according to the Company’s quarterly report filed with the Securities and Exchange Commission on Feb. 3, 2011.

Current asbestos-related liabilities were US$18 million…

ASBESTOS UPDATE: 26T Claims Pending v. Maremont Corp. at Dec. 31

ArvinMeritor, Inc.’s subsidiary, Maremont Corporation, faced about 26,000 pending asbestos-related claims at Dec. 31, 2010 and Sept. 30, 2010, according to the Company’s quarterly report filed with the Securities and Exchange Commission on Feb. 3, 2011.

Maremont manufactured friction products containing…

ASBESTOS UPDATE: Maremont Still Facing 26,000 Claims at June 30

ArvinMeritor, Inc.’s subsidiary, Maremont Corporation, faced about 26,000 pending asbestos-related claims at both June 30, 2010 and Sept. 30, 2009, according to the Company’s quarterly report filed on Aug. 4, 2010 with the Securities and Exchange Commission.

Maremont faced 26,000 pending…

ASBESTOS UPDATE: ArvinMeritor Still Facing Rockwell Legacy Cases

ArvinMeritor, Inc., along with many other companies, is named as a defendant in lawsuits alleging personal injury as a result of exposure to asbestos used in certain components of Rockwell Automation, Inc. products many years ago.

Liability for these claims was…

ASBESTOS UPDATE: ArvinMeritor Has $61MM Liability at June 30

ArvinMeritor, Inc.’s long-term asbestos-related liabilities amounted to US$61 million as of both June 30, 2010 and Sept. 30, 2009, according to the Company’s quarterly report filed on Aug. 4, 2010 with the Securities and Exchange Commission.

The Company’s long-term asbestos-related liabilities…

ASBESTOS UPDATE: Maremont Facing 26T Pending Claims at Sept. 30

ArvinMeritor, Inc.’s subsidiary, Maremont Corporation, faced 26,000 pending asbestos-related claims at Sept. 30, 2009, compared with 35,000 pending claims at Sept. 30, 2008.

Maremont manufactured friction products containing asbestos from 1953 through 1977, when it sold its friction product business. Arvin…

ASBESTOS UPDATE: ArvinMeritor Records $16Mil Rockwell Liability

ArvinMeritor, Inc., at both Sept. 30, 2009 and Sept. 30, 2008, recorded a US$16 million liability for defense and indemnity costs associated with Rockwell Automation, Inc. asbestos-related claims.

The Company, along with many other companies, has been named as a defendant…

ASBESTOS UPDATE: ArvinMeritor Records $61M Liability at Sept. 30

ArvinMeritor, Inc.’s long-term asbestos-related liabilities were US$61 million as of Sept. 30, 2009, compared with US$64 million as of Sept. 30, 2008, according to the Company’s annual report filed with the Securities and Exchange Commission on Nov. 19, 2009.

The Company’s…

ASBESTOS LITIGATION: Conley Action Filed v. 14 Firms on July 21

Derrill and Carolyn Conley, on July 21, 2009, filed an asbestos lawsuit against 14 defendant corporations in Jefferson County District Court, Tex., The Southeast Texas Record reports.

The Conleys claim Mr. Conley developed an asbestos-related disease during the course of his…

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