ASBESTOS LITIGATION: Ashland Records $828M for Claims at June 30

Ashland Inc.’s long-term asbestos litigation reserve was US$828 million at June 30, 2009, compared with US$530 million at June 30, 2008, according to a Company report, on Form 8-K, filed with the Securities and Exchange Commission on July 24, 2009.

The…

ASBESTOS LITIGATION: D.C. Court Affirms Ruling in Ashland Action

The District of Columbia Court of Appeals affirmed the ruling of the Superior Court of the District of Columbia, which affirmed an arbitrator’s award in a case styled Certain Underwriters at Lloyd’s London, and Certain London Market Insurance Companies, Appellants…

ASBESTOS LITIGATION: Claims v. Ashland Drop to 106T at March 31

Ashland Inc. faced 106,000 open asbestos claims during the six months ended March 31, 2009, compared with 117,000 claims during the six months ended March 31, 2008.

Asbestos claims against the Company dropped to 109,000 during the three months ended Dec.…

ASBESTOS LITIGATION: Hercules Still Faces 27T Claims at March 31

Ashland Inc.’s subsidiary, Hercules Incorporated, faced 27,000 open asbestos claims, during the six months ended March 31, 2009, the same as for the three months ended Dec. 31, 2009.

Hercules faced 27,000 claims as of Nov. 13, 2008.

Hercules has liabilities from…

ASBESTOS LITIGATION: Ashland Records $796Mil Reserve at March 31

Ashland Inc.’s non-current asbestos-litigation reserve was US$796 million at March 31, 2009, compared with US$539 million at March 31, 2008, according to a Company report, on Form 8-K, filed with the Securities and Exchange Commission on April 30, 2009.

The Company’s…

ASBESTOS LITIGATION: Ashland’s Litigation Reserve Totals $807Mil

Ashland Inc.’s noncurrent asbestos litigation reserve was US$807 million at Dec. 31, 2008, compared with US$546 million at Dec. 31, 2007, according to a Company report, on Form 8-K, filed with the Securities and Exchange Commission on Jan. 27, 2009.

The…

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