Cooper Industries plc, at March 31, 2011, recorded 15,564 pending Abex asbestos-related claims, according to the Company’s quarterly report filed with the Securities and Exchange Commission on May 6, 2011.
In October 1998, the Company sold its Automotive Products business to…
Cooper Industries plc’s asbestos receivable for recoveries of costs from insurers, as of Sept. 30, 2009, amounted to US$180 million, of which US$68.8 million relate to costs previously paid or insurance settlements.
The Company’s asbestos receivable for recoveries of costs from…
Cooper Industries plc, as of Sept. 30, 2009, estimates that the undiscounted asbestos liability for pending and future indemnity and defense costs for the next 45 years will be US$797 million.
As of June 30, 2009, the Company estimated that the…
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.…