Subsidiaries of Consolidated Edison, Inc. still are defendants in lawsuits in New York State and federal courts, wherein plaintiffs sought compensatory and punitive damages for deaths and injuries allegedly caused by exposure to asbestos at various premises of the Utilities.
These…
Over 90 lawsuits are pending against Consolidated Edison, Inc. concerning its subsidiary Consolidated Edison Company of New York’s steam main rupture in midtown Manhattan in July 2007.
It has been reported that one person died and others were injured as a…
Consolidated Edison, Inc.’s subsidiaries continue to face lawsuits in New York State and federal courts, wherein plaintiffs sought compensatory and punitive damages for deaths and injuries allegedly caused by exposure to asbestos at various premises of the Utilities.
These Utilities are:…
Consolidated Edison, Inc., as of Dec. 31, 2008, with respect to a steam main rupture incident, incurred estimated operating costs of US$35 million for property damage, cleanup and other response costs.
As of Dec. 31, 2008, the Company recorded US$21 million…